10 Lakedale Place

Waverley Heights, Winnipeg

Property score

65.4

Good

Overall 65.4 · Compared with neighbourhood average

1,076 sqft (bottom 34%) · Built in 1977 (1 yr older than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Near average

1 yrs older 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

65.4 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,076 sqft52Fair
Year Built197767Good
Lot Size5,286 sqft67Good
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

around average
1,076 sqft
0255075100
Same streetBottom 14%Same areaBottom 34%CitywideBottom 37%
Same street · Lakedale Place
#30 / 35
Bottom 14% · Avg 1,411 sqft
Same area · Waverley Heights
#1,082 / 1,633
Bottom 34% · Avg 1,239 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
357k
0255075100
Same streetBottom 3%Same areaBottom 29%CitywideBottom 49%
Same street · Lakedale Place
#34 / 35
Bottom 3% · Avg 427.7k
Same area · Waverley Heights
#1,153 / 1,633
Bottom 29% · Avg 398.1k
Citywide · Winnipeg
#99,832 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 11%Same areaBottom 49%CitywideTop 37%

Lot Size

around average
5,286 sqft
0255075100
Same streetBottom 23%Same areaBottom 33%CitywideTop 48%

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 Lakedale Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 252 m).

Search radius
🌳Parks2

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 9/2019CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 22%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 10 Lakedale Place, Winnipeg

Property Summary: 10 Lakedale Place

Section 1: Key Characteristics & Appeal

This well-maintained 1977 home in Waverley Heights offers a practical and comfortable footprint of 1,076 sqft on a 5,286 sqft lot. Its core appeal lies in being a solid, value-conscious entry into a desirable neighborhood. While the living space and lot size are modest compared to some larger homes on its own street, the property holds its own when viewed against the broader neighborhood and city averages. A key standout is its assessed value, which is notably below the street average, presenting a potential value opportunity for a buyer.

The home would suit first-time buyers or downsizers seeking established community charm without a premium price tag. It’s for those who prioritize location and a manageable property size over sheer square footage, and who see the below-average assessment not as a drawback, but as a chance to gain equity through updates over time. A thoughtful perspective is that a home of this vintage on a slightly smaller lot often translates to lower maintenance costs and less yard work, aligning with a simpler, more efficient lifestyle.

Section 2: Frequently Asked Questions

Q: How does the home’s size compare to the area?
A: The living area is slightly below the average for Lakedale Place itself but is very close to the average for the wider Waverley Heights neighborhood. It provides a comfortable, efficient layout typical of many homes in Winnipeg.

Q: The assessed value seems low for the street. What does that indicate?
A: At 34th out of 35 on the street, the assessment is significantly below the street average. This can sometimes reflect the home’s more modest size or original condition compared to renovated neighbors. For a buyer, it can represent a lower property tax base and a clear opportunity to add value.

Q: Is the lot size a limitation?
A: The lot is smaller than others on the street but is near the neighborhood average. It provides ample private outdoor space for gardening or recreation without the burden of extensive upkeep, which can be a positive for many.

Q: What does the 1977 build year mean for this home?
A: Built in 1977, this home is actually newer than many on its street and in the city overall. This era often features modern wiring and plumbing foundations, potentially making renovations or updates more straightforward than in much older homes.

Q: How should I interpret these rankings?
A: The rankings show this property is a "middle-of-the-pack" home for the wider area but stands out on its specific street for its value. It suggests you are buying into a great street and neighborhood, often with larger, higher-value homes, but at a more accessible entry point.

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