173 Augusta Drive

Waverley Heights, Winnipeg

Property score

76.1

Good

Overall 76.1 · Larger than most nearby homes

1,462 sqft (top 20%) · Built in 1977 (1 yr older than avg)

Located in a high-income area with median household income of ~116k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 3 parks nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 9%

Past 10 years Waverley Heights sales snapshot (~80% of all data)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

76.1 is composed by the two sections below.

Property Score

73.5Good
Living Area1,462 sqft75Good
Year Built197767Good
Lot Size6,049 sqft81Excellent
Neighbourhood Sales Activity59Fair

Community Score

80.0Excellent
Household Income90Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110975

Community deep dive

$116K

Median household income

$130K

Average household income

8%

Low income (LIM-AT)

0.4

Income inequality (Gini)

2.9

P90 / P10 ratio

4%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)386
Labour force participation rate52%
Median age40.8
Avg household size3.2
Unemployment rate12%
Population density2573 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households4%
Couple families with children41%
Median household income (2020)$116K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority38%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Chinese · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,462 sqft
0255075100
Same streetTop 22%Same areaTop 20%CitywideTop 33%
Same street · Augusta Drive
#19 / 88
Top 22% · Avg 1,303 sqft
Same area · Waverley Heights
#325 / 1,633
Top 20% · Avg 1,239 sqft
Citywide · Winnipeg
#63,482 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

Elite
500k
0255075100
Same streetTop 5%Same areaTop 7%CitywideTop 20%
Same street · Augusta Drive
#4 / 88
Top 5% · Avg 427.8k
Same area · Waverley Heights
#113 / 1,633
Top 7% · Avg 398.1k
Citywide · Winnipeg
#38,410 / 194,458
Top 20% · Avg 390.1k

Year Built

around average
1977
0255075100
Same streetTop 38%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
6,049 sqft
0255075100
Same streetTop 48%Same areaTop 43%CitywideTop 30%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

173 Augusta Drive — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 343 m), 3 parks (nearest 196 m).

Search radius
🏫Education2
🌳Parks3

Crime & Safety

Waverley Heights · WPS public data · 2026

Annual incidents

14

2026

vs. city avg

-53%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 8/2022CA$500k–550k
Sold price

Same street

Top 16%

Same area

Top 7%

City-wide

Top 16%
Sold 10/2017CA$350k–400k
Sold price

Same street

Bottom 32%

Same area

Top 33%

City-wide

Top 40%

Related homes

Highlights & common questions: 173 Augusta Drive, Winnipeg

Property Overview: 173 Augusta Drive, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established home on Augusta Drive presents a compelling blend of above-average space and premium valuation within its immediate surroundings. With 1,462 sqft of living area, the home offers more space than roughly 80% of its neighbors, providing a tangible sense of roominess for its size. The most striking characteristic is its assessed value of $500k, which places it in the top 5% on its own street and the top 7% in Waverley Heights. This suggests a property that is perceived to have superior features, finishes, or positioning compared to its local peers.

The appeal lies in acquiring a home that is a standout on its block and in its neighborhood, not just in price but in relative size. It suits buyers looking for a move-in-ready home in a mature area who value a property with established "top-tier" equity within the community context. It’s an ideal fit for someone who prioritizes neighborhood prestige over a brand-new build, as the 1977 construction is typical for the area. The lot size is standard for the street, offering manageable outdoor space without excessive upkeep.

A less obvious perspective is that this property may offer a degree of insulation from market fluctuations affecting average homes, as its elite standing on Augusta Drive could make it a perennial point of comparison. Buyers are effectively purchasing into one of the street's benchmark properties.

Section 2: Frequently Asked Questions

1. What does an "Elite" assessed value ranking mean in practical terms?
It means this home's municipal assessed value is among the very highest on Augusta Drive. This typically reflects a combination of the home's condition, improvements, lot desirability, and size. It often correlates with a higher market value and property tax bill compared to neighboring homes.

2. Is the living area considered large?
Yes, within the local context. The home is larger than about 8 out of 10 homes in the Waverley Heights neighborhood, offering more interior space than most direct comparables. City-wide, however, it is closer to the average.

3. What might explain the higher value in a neighborhood of similar-aged homes?
While the build year is average, the value is driven by other factors. This could include significant renovations, premium materials, a superior floor plan, a more desirable lot location (e.g., backing onto greenspace, cul-de-sac), or a combination of these elements.

4. How does the lot size compare?
The 6,049 sqft lot is very typical for Augusta Drive and Waverley Heights. It is slightly above average city-wide. This indicates a standard suburban yard for the area—sufficient for gardening and recreation without being overly burdensome to maintain.

5. Are there any concerns with a 1977 build?
The year is standard for the area. The key consideration is not the age itself, but the maintenance and updates made since. A home of this age may have had major systems (roof, windows, furnace, electrical) updated, which should be verified during the inspection process. Its average ranking for year built suggests its condition is in line with neighborhood expectations.

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