Property score
57.1
Fair
Overall 57.1 · Smaller but newer than most nearby homes
809 sqft (bottom 4%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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57.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
10 Sandy Lake Place — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 473 m), 2 education (nearest 259 m), 5 healthcare (nearest 411 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 2% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1978 bungalow at 10 Sandy Lake Place in Waverley Heights presents a specific and practical value proposition. At 809 sqft, it is notably more compact than most homes on its street, in the neighborhood, and across Winnipeg. This is reflected in its assessed value of $310k, which is below the local area average but aligns more closely with the citywide benchmark. The lot size of 3,161 sqft is also smaller than typical comparisons. However, its 1978 build date is among the newest on its street. The appeal here lies in efficiency and entry-point accessibility. It suits first-time buyers seeking a manageable, lower-maintenance home in a stable neighborhood, or investors looking for a practical rental property. It’s a home for those who prioritize financial feasibility and simplicity over space, offering a chance to enter the market without the burden of a larger, more expensive property's upkeep and costs.
A less obvious perspective is that a smaller, more affordable home on a street of larger, higher-valued properties can be a strategic long-term hold. As surrounding homes appreciate, this property benefits from the rising tide of the area while maintaining its inherent affordability for future buyers. It represents a leaner footprint, both financially and physically.
Frequently Asked Questions
1. Is this a good value for the money?
The assessed value is below the averages for both Sandy Lake Place and Waverley Heights, suggesting a competitive entry point for the area. You are paying less, but also getting less square footage, which aligns with the price.
2. Who is this home best suited for?
It is ideally suited for first-time homebuyers, downsizers, or investors. Its smaller size means lower utility costs and less maintenance, while its price provides a more accessible path into the neighborhood.
3. How does the smaller living area and lot size impact daily life?
The floor plan will be compact, requiring efficient use of space. The smaller yard means less outdoor maintenance but also less private outdoor space for activities or gardening compared to neighbors.
4. The build date is "Elite" for the street. What does that mean?
It means this home, built in 1978, is newer than most on Sandy Lake Place. This can imply potentially newer major components (like roofing, wiring, or plumbing) compared to older neighboring homes, possibly reducing immediate repair costs.
5. Are there any concerns about resale value?
The property's defining characteristics—its smaller size and value—are consistent. Its future marketability will likely always be to a similar buyer profile: those seeking affordability in the area. It may not appreciate at the same rate as larger homes on bigger lots, but its lower price point maintains a steady demand.
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