Property score
62.3
Fair
Overall 62.3 · Newer than most nearby homes
1,152 sqft (top 49%) · Built in 1978
Located in a above-average income area with median household income of ~83k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Living Area
Near average
7% smaller 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)
627
415k
$333/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
62.3 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: #46110978
$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
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
1027 Chancellor Drive — 14 amenities found within 500 m, across 6 categories, including 6 dining (nearest 418 m), 1 education (nearest 378 m), 3 healthcare (nearest 370 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 27% | Bottom 29% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 1027 Chancellor Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on affordability and efficient use of space. Its key characteristic is a significantly lower property tax assessment—ranking in the bottom 2% of its street and neighborhood—which translates to ongoing annual savings for the owner. The living space (1,152 sq ft) is practical and squarely in the average range for the area, suitable for a smaller household or those seeking a manageable layout.
The primary appeal lies in the financial advantage. You are acquiring a home with living space comparable to the neighborhood norm but at a property tax valuation well below it. This is particularly suited for cost-conscious buyers, first-time homeowners looking to enter the Waverley Heights area, or investors seeking a property with lower carrying costs. The 1978 build year is notably newer than many homes on the street, suggesting potentially fewer immediate concerns with major aged components.
A thoughtful perspective: the compact 2,400 sq ft lot, while much smaller than the area average, reduces exterior maintenance time and cost (less mowing, landscaping), which could be a benefit for busy professionals or those who prefer low-upkeep living. This is a home that prioritizes interior utility and financial efficiency over expansive outdoor space.
Section 2: Frequently Asked Questions (FAQs)
1. What does a low tax assessment mean for me?
It directly lowers your annual property tax bill. However, it’s important to note that the municipal assessment can differ from market value. A future reassessment could adjust this figure.
2. Is the living space too small?
At 1,152 sq ft, it is slightly below the immediate street average but very close to the neighborhood average. It is a functionally sized home that meets typical needs without excess, aligning with its overall value positioning.
3. The lot is small. What are the implications?
It means a smaller yard, which limits extensive gardening, play areas, or expansion potential. The upside is significantly reduced outdoor maintenance. Privacy from neighbors and space between homes will also be less than is typical in this area.
4. The build year is 1978. Are there concerns?
Being built in 1978 places it as one of the newer homes on its street. While this is a positive, homes of this era may have original components (like windows, roofing, or certain electrical systems) that are nearing or exceeding their typical lifespan, so a thorough inspection is advised.
5. How should I interpret the ranking data?
The rankings compare this home to similar properties in three circles: its street, the wider Waverley Heights community, and all of Winnipeg. They highlight where this property stands out (low taxes, newer build) and where it is typical or compact (living and land area) within these contexts.
