Property Overview: 436 Waverley Street, Winnipeg
Key Characteristics & Appeal
This home at 436 Waverley Street in North River Heights is a well-situated, classic property that offers solid value within its established neighborhood. Built in 1941, the 1,718 sqft house sits on a 5,204 sqft lot. Its assessed value is $486,000.
The appeal lies in its balanced positioning. The living space is comfortably above the Winnipeg city average, offering more room than many homes citywide, while being very typical for the desirable North River Heights area. This suggests a home that is both spacious and in keeping with the neighborhood's character. The lot size, while smaller than others on Waverley Street specifically, is average for North River Heights, indicating a manageable yard with less maintenance. A key, less obvious perspective is that its assessed value sits notably above the citywide average, yet is slightly below the average for its own street. This can represent an opportunity to own in a prime location at a relative value, especially for buyers who prioritize neighborhood over having the largest lot on the block.
This property would suit buyers looking for a character home in a mature, sought-after neighborhood without the footprint of an estate-sized yard. It’s ideal for professionals, small families, or downsizers who want space but prefer a manageable outdoor area. The data suggests it's a pragmatic choice for someone seeking established community charm with above-average interior space for the city.
Frequently Asked Questions
1. How does this home compare in size and value to its neighbors?
The home’s living area is typical for North River Heights and slightly above average for Winnipeg overall. Its assessed value is also above the city average but is actually a bit lower than the average for Waverley Street itself, potentially offering value within a premium location.
2. Is the lot size a disadvantage?
While the lot is smaller than many on Waverley Street, it is perfectly average for the broader North River Heights area. This typically means a more manageable yard for gardening and upkeep, which many buyers appreciate.
3. What does the year built (1941) mean for me?
Built 85 years ago, this is a classic character home. Buyers should budget for potential updates that align with the age of the property and prioritize a thorough inspection to understand the condition of major systems like plumbing, electrical, and the roof.
4. Can I find out the exact historical sale price?
The site shows the home sold between $400,000-$450,000 in mid-2016. To obtain the exact sale price and full history, you must request a manual lookup via email, as this platform does not display MLS sales records directly.
5. What is the neighborhood context like?
Located in North River Heights, the home is surrounded by similar, well-established properties. Direct neighbors on Waverley Street include everything from older character homes to a newly built residence (e.g., 444 Waverley, built 2021), indicating a street with a mix of long-term residents and recent reinvestment.