10 Lake Port Place

Waverley Heights, Winnipeg

Property score

79.3

Good

Overall 79.3 · Larger and newer than most nearby homes

1,664 sqft (top 11%) · Built in 1978

Located in a high-income area with median household income of ~106k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 60%Chinese · 7%

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

79.3 is composed by the two sections below.

Property Score

80.8Excellent
Living Area1,664 sqft83Excellent
Year Built197867Good
Lot Size12,141 sqft98Excellent
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
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: #46110977

Community deep dive

$106K

Median household income

$112K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

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

Rankings

Living Area

above average
1,664 sqft
0255075100
Same streetTop 20%Same areaTop 11%CitywideTop 22%
Same street · Lake Port Place
#1 / 5
Top 20% · Avg 1,326 sqft
Same area · Waverley Heights
#180 / 1,633
Top 11% · Avg 1,239 sqft
Citywide · Winnipeg
#43,618 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
480k
0255075100
Same streetTop 20%Same areaTop 11%CitywideTop 23%
Same street · Lake Port Place
#1 / 5
Top 20% · Avg 451.4k
Same area · Waverley Heights
#183 / 1,633
Top 11% · Avg 398.1k
Citywide · Winnipeg
#44,996 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 35%

Lot Size

Elite
12,141 sqft
0255075100
Same streetTop 20%Same areaTop 2%CitywideTop 3%

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 Port Place — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 454 m), 1 parks (nearest 358 m).

Search radius
🏫Education1
🌳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 7/2017CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Top 35%

City-wide

Top 40%

Related homes

Highlights & common questions: 10 Lake Port Place, Winnipeg

Property Overview

This home at 10 Lake Port Place presents a compelling opportunity in Winnipeg’s Waverley Heights neighborhood. Its primary appeal lies in offering above-average space and value at every level—street, neighborhood, and citywide—with one standout feature.

Key Characteristics & Appeal

The home’s 1,664 sqft living area is consistently larger than comparable averages, ranking in the top 20% on its street and top 11% in the neighborhood. With an assessed value of $480k, it also ranks highly for value, suggesting a well-regarded property relative to its peers. Built in 1978, it aligns with the typical age of homes in this specific area.

The most distinctive advantage is the lot size. At over 12,000 sqft, the property is not just above average but ranks in the elite top 3% citywide and top 2% within Waverley Heights. This offers rare potential for privacy, expansion, or landscaping in an established area.

This property would suit buyers looking for a home that outperforms norms without an extreme price tag. It’s ideal for those who value interior space but prioritize generous outdoor space even more. It also appeals to the practical buyer who appreciates a home that consistently ranks well in assessed value, indicating a solid investment within its community context.


Frequently Asked Questions

1. What does the "Above Average" ranking actually mean?
It means this home scores better than most comparable properties on that specific metric. For example, being in the top 11% for living area in the neighborhood means 89% of similar homes locally are smaller.

2. Is the 1978 build date a concern?
The build date is typical for the street and neighborhood. The key takeaway is that the home’s condition, updates, and systems are likely more important than the year itself, which is consistent with the area's character.

3. How significant is the lot size advantage?
Very. An elite top 3% citywide ranking for lot size is a less common, tangible asset. It provides a level of outdoor space that is increasingly rare, offering more flexibility than a standard city lot.

4. Does a higher assessed value mean higher property taxes?
Not directly. Taxes are based on the municipal mill rate applied to your assessed value. While a higher assessment is a factor, this home’s value is proportionate to its superior space and lot size relative to the area.

5. Who determines these rankings and averages?
The analysis compares this property’s public data (like lot size, living area, assessed value) against verified data for all similar homes on its street, in its neighborhood, and across Winnipeg, providing a relative performance snapshot.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.