10 Lake Albrin Bay

Waverley Heights, Winnipeg

73.4

Good

Overall 73.4

Larger and newer than most nearby homes

1,499 sqft (top 19%)

Built in 1978

Located in a above-average income area

with median household income of ~83k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 1 park nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 56%Punjabi · 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

73.4 is composed by the two sections below.

Property Score

73.5Good
Living Area1,499 sqft75Good
Year Built197867Good
Lot Size6,347 sqft81Excellent
Neighbourhood Sales Activity59Fair

Community Score

73.2Good
Household Income78Good
Education Level82Excellent
Housing Stress42Low
Core Housing Need76Good
Employment Health60Fair

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: #46110978

Community deep dive

$83K

Median household income

$79K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)1,089
Labour force participation rate64%
Median age33.2
Avg household size2.5
Unemployment rate9%
Population density457 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households56%
Condominium dwellings5%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority48%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 8%

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

Rankings

Living Area

above average
1,499 sqft
0255075100
Same streetTop 23%Same areaTop 19%CitywideTop 31%
Same street · Lake Albrin Bay
#7 / 30
Top 23% · Avg 1,280 sqft
Same area · Waverley Heights
#307 / 1,633
Top 19% · Avg 1,239 sqft
Citywide · Winnipeg
#59,437 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
415k
0255075100
Same streetBottom 30%Same areaTop 39%CitywideTop 35%
Same street · Lake Albrin Bay
#21 / 30
Bottom 30% · Avg 426k
Same area · Waverley Heights
#634 / 1,633
Top 39% · Avg 398.1k
Citywide · Winnipeg
#67,796 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 33%Same areaTop 18%CitywideTop 35%

Lot Size

above average
6,347 sqft
0255075100
Same streetTop 40%Same areaTop 37%CitywideTop 25%

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

10 Lake Albrin Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 150 m).

Search radius
🌳Parks1

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 4/2020CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 47%

City-wide

Top 49%

Related homes

Highlights & common questions: 10 Lake Albrin Bay, Winnipeg

Property Summary: 10 Lake Albrin Bay, Waverley Heights

Section 1: Key Characteristics & Appeal

This home at 10 Lake Albrin Bay presents a well-proportioned and established offering in the Waverley Heights neighborhood. Its primary appeal lies in its balanced, above-average living space of 1,499 sqft, which is notably larger than most comparable homes on its street and in the immediate area. Built in 1978, it is typical for the street but is actually among the newer homes within the broader neighborhood context. The lot size of 6,347 sqft is a standout at the city level, offering more outdoor space than about 75% of similar Winnipeg properties, while being a manageable size relative to its own street.

The property’s assessed value sits comfortably around the average for its street, neighborhood, and city, suggesting a fair and stable market position without premium pricing. This combination suits buyers looking for a spacious, classic home on a generous lot without venturing into the highest price tier. It would particularly appeal to those who value room to grow or entertain more than ultra-modern finishes, and who appreciate a home that is consistent with—but slightly advantaged within—a mature, established community.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
This home’s living area is a key strength. At 1,499 sqft, it is larger than approximately 80% of similar homes in the Waverley Heights neighborhood and 77% of those on Lake Albrin Bay itself.

2. Is the assessed value high for the area?
No, it is positioned around the average. The assessed value of $415k is very close to the benchmarks for the street, neighborhood, and city, indicating it is priced in line with market norms rather than at a premium.

3. What is the lot like, and is it typical?
The 6,347 sqft lot is larger than the average for both the city and the neighborhood. On its own street, lots tend to be larger on average, so this property’s lot is slightly below that specific street average but remains a substantial size overall.

4. Is this an older home, and how does its age compare?
Built in 1978, the home is of a typical vintage for the area. It is of average age for its street, but ranks in the top 20% newer homes within the wider Waverley Heights neighborhood, meaning many surrounding homes are older.

5. Where does this property stand out most?
Its most notable advantages are the above-average living space for the local area and the larger-than-city-average lot size. This creates a value proposition centered on spaciousness, both indoors and out, within a fairly priced, established setting.

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