197 Augusta Drive

Waverley Heights, Winnipeg

Property score

74.7

Good

Overall 74.7 · Larger than most nearby homes

1,360 sqft (top 26%) · 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

10% 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

74.7 is composed by the two sections below.

Property Score

71.1Good
Living Area71
1,360 sqftGood
Year Built67
1977Good
Lot Size81
6,050 sqftExcellent
Neighbourhood Sales Activity59
Fair

Community Score

80.0Excellent
Household Income90
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

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
1,360 sqft
0255075100
Same streetTop 34%Same areaTop 26%CitywideTop 38%
Same street · Augusta Drive
#30 / 88
Top 34% · Avg 1,303 sqft
Same area · Waverley Heights
#420 / 1,633
Top 26% · Avg 1,239 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
424k
0255075100
Same streetTop 48%Same areaTop 33%CitywideTop 33%
Same street · Augusta Drive
#42 / 88
Top 48% · Avg 427.8k
Same area · Waverley Heights
#531 / 1,633
Top 33% · Avg 398.1k
Citywide · Winnipeg
#64,309 / 194,458
Top 33% · Avg 390.1k

Year Built

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

Lot Size

above average
6,050 sqft
0255075100
Same streetTop 47%Same areaTop 43%CitywideTop 29%

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

197 Augusta Drive — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 282 m), 3 parks (nearest 217 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

197 Augusta Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 197 Augusta Drive, Winnipeg

Property Overview: 197 Augusta Drive, Waverley Heights

Key Characteristics & Appeal

This 1,360 sqft bungalow, built in 1977, presents a solid, middle-of-the-road opportunity in the established Waverley Heights neighborhood. Its primary appeal lies in its consistency and stability rather than standout extremes. The home sits on a 6,050 sqft lot, which is notably above average for the neighborhood and provides valuable outdoor space. While its living area and assessed value ($424k) are consistently "around average" when compared to the street, neighborhood, and city, this actually signals a predictable and well-anchored investment without the premium or discount that can indicate hidden issues or exceptional features.

The property would suit practical buyers looking for a move-in-ready home in a mature area without the volatility of a highly unique or dated property. It’s a strong fit for first-time homeowners seeking a manageable footprint, downsizers wanting a single-level layout, or investors attracted to a stable asset in a consistent market segment. A thoughtful perspective is that its very "averageness" is a form of insulation—it’s less likely to be overpriced due to hype or suffer from being an outlier that’s difficult to comp, making valuation straightforward.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $424k is very close to the averages for the street, area, and city, suggesting it is a reliable benchmark. In a balanced market, the sale price often aligns closely with this figure, though current market conditions and the home’s specific interior condition will be the final determinants.

2. How does the lot size compare, and why does it matter?
At 6,050 sqft, the lot is above the neighborhood average. This is a key advantage, offering more private outdoor space, potential for gardening or expansion, and typically better resale value per square foot of land compared to smaller lots in the same area.

3. The home was built in 1977. What should I expect regarding updates and maintenance?
Homes of this era may have original components nearing the end of their service life. A thorough inspection is crucial to assess the condition of the roof, windows, plumbing, electrical systems, and major appliances. Budgeting for modernizations is a prudent step.

4. Why is there no sales history shown for this listing?
Publicly available sold price data is not sourced from the MLS. To obtain the full, verified transaction history and exact past sale figures, you must request a manual lookup via the provided email service on the listing page.

5. How does this home rank within Waverley Heights, and what does that mean?
The home ranks in the top 26% for living area in the neighborhood, meaning it’s a bit more spacious than many peers. For value and lot size, it ranks in the top 33-43%, indicating it’s a competitive, mainstream property within the community, not a niche offering.