Property Overview: 452 Waverley Street, Winnipeg
Key Characteristics & Appeal
This home at 452 Waverley Street in North River Heights is a well-established property that offers above-average space in a desirable neighbourhood. Built in 1942, the 1,852 sqft home sits on a 5,860 sqft lot. Its primary appeal lies in its generous proportions and strong positional value. The living area is notably larger than most homes in Winnipeg (ranking in the top 15% city-wide) and in the North River Heights area (top 23%). The assessed value of $538,000 also sits above the averages for both the neighbourhood and the city, indicating a perception of solid worth in its market context.
The property suits buyers looking for a character home with ample room, who value the mature, established feel of North River Heights. It represents a middle ground—not the newest nor the largest on its street, but one that outperforms broader area averages. A thoughtful perspective is that while the lot size is slightly smaller than the average for Waverley Street, it is significantly larger than the typical North River Heights lot, offering a valuable outdoor space premium for the area. Its last known sale was in July 2021 in the $550,000-$600,000 range.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The home’s living space of 1,852 sqft is above average for North River Heights and significantly above the Winnipeg city average, placing it comfortably within the top quarter of homes in the area for size.
2. What does the assessed value tell me about the property?
The $538,000 assessment is above the average for both the neighbourhood and the city. On Waverley Street itself, it is around the average, suggesting it is priced consistently with its immediate peers.
3. Is the lot size a pro or a con?
It depends on your priority. The lot is smaller than the average for Waverley Street but is larger than the standard lot for North River Heights as a whole. This means you get a better-than-typical yard for the neighbourhood, though not the largest on the block.
4. The home was built in 1942. What should I consider?
As a home from the 1940s, potential buyers should budget for and prioritize a thorough inspection of major aging components like the roof, plumbing, electrical systems, and foundation, which may require maintenance or updates.
5. Where can I find verified historical sale prices?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the exact sale history and figures via email from the service provider, who will manually look up and provide the information.