455 Waverley Street

Property Overview: 455 Waverley Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 455 Waverley Street is a well-established property in the desirable North River Heights neighbourhood, built in 1941. Its primary appeal lies in its generous living space and strong market position. With 2,114 square feet of living area, the home is notably larger than most, ranking in the top 14% of its local area and the top 8% city-wide. This is complemented by an assessed value of $602,000, which also places it well above average benchmarks for Winnipeg, indicating a premium valuation.

The lot size of 4,824 sqft is smaller than others on Waverley Street but is generally in line with the neighbourhood and city averages, suggesting a efficient use of land without excessive yard maintenance. The home’s age is typical for the character-filled North River Heights area.

This property would best suit buyers looking for a spacious, classic home in a prime central neighbourhood, who value above-average interior space over an exceptionally large lot. It appeals to those seeking a solid investment in a property that outperforms city-wide norms for size and value, potentially including growing families or professionals wanting established community charm with room to live.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home sold in October 2021 for between $600,000 and $650,000. This sale price ranked in the top 16% on Waverley Street at the time, demonstrating its consistent position as a higher-value home in the area.

2. For a home built in 1941, what should I consider?
While the building age is typical for North River Heights, being older than the city-wide average means potential buyers should pay close attention to the condition of major systems (like plumbing, electrical, and the roof) and any updates that have been made. Its character comes with the responsibility of diligent maintenance.

3. The lot seems smaller than others on the street. Is that a concern?
While the lot is smaller than the average for Waverley Street specifically, it is actually close to the standard for the broader North River Heights area. This often translates to less yard upkeep while still providing private outdoor space, which can be a practical advantage.

4. The assessed value seems high. What does that indicate?
An assessed value ($602k) that ranks in the top 13% for the neighbourhood and top 8% city-wide signals that the property is officially considered a premium asset. This typically reflects its larger living area, desirable location, and the overall quality of the North River Heights community. It’s a strong indicator of the home’s market position.

5. Where can I see more detailed data about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a map view that compares this property to nearby homes in detail, including year built, living area, assessed value, and lot size. A link is typically provided on the full property detail page.