Property score
58.3
Fair
Overall 58.3 · Smaller but newer than most nearby homes
832 sqft (bottom 6%) · Built in 1978
Located in a above-average income area with median household income of ~87k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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58.3 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: #46110979
$87K
Median household income
$96K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
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
1053 Chancellor Drive — 5 amenities found within 500 m, across 5 categories, including 1 education (nearest 259 m), 1 healthcare (nearest 435 m), 1 shopping (nearest 468 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%
1053 Chancellor Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1053 Chancellor Drive, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home on Chancellor Drive presents a practical and value-conscious opportunity. Its key characteristic is a modest 832 sqft living area, which is notably compact compared to most homes on its street, in Waverley Heights, and across Winnipeg. This positions it not as a sprawling family home, but as an efficient, manageable space.
The appeal lies in its balance and potential. While the interior is smaller, the nearly 5,000 sqft lot provides valuable outdoor space and is quite typical for the immediate street. The home was built in 1978, making it newer than most on its block and in the wider city, which can suggest more modern construction standards and potentially fewer major age-related concerns upfront. The assessed value is firmly in the average range for the area, indicating a fair market entry point rather than a premium price.
This property would suit first-time buyers, downsizers, or investors seeking an affordable foothold in a established neighborhood. It’s for those who prioritize location and lot size over interior square footage, and who see the compact layout as a chance for lower utility costs, easier maintenance, or a creative renovation to maximize the efficient use of space. It’s a home that offers the benefits of the community without paying for extra rooms you may not need.
Section 2: Frequently Asked Questions
Q: How significant is the smaller living area?
A: The home is in the top 6% for year built on its street, meaning it's one of the newer houses, but in the bottom 4% for size. This is the essential trade-off: you're getting a newer structure but with less interior space than neighbors. It requires a lifestyle suited to efficient living.
Q: Is the assessed value a good indicator of the listing price?
A: The assessed value of $376k is reliably "around average" for Chancellor Drive and Waverley Heights. This suggests the property is unlikely to be priced at a major premium or discount compared to nearby homes, making recent neighborhood sales a very good guide for its market value.
Q: What does the lot size mean for potential expansion?
A: The lot is slightly below the neighborhood average but typical for the street. While not oversized, the nearly 5,000 sqft footprint may allow for a thoughtful addition or a generous deck/patio, subject to zoning and permit approvals. The value is in the land's usability, not its sheer scale.
Q: Does "newer" construction (1978) mean fewer repairs?
A: While a 1978 build is newer than many Winnipeg homes, it is still over 45 years old. Major components like the roof, windows, furnace, and plumbing may be nearing or past their typical lifespans, so a thorough inspection is crucial. The "newness" is relative.
Q: How does this home rank city-wide?
A: City-wide, it ranks higher for its year built (top 35%) than for its size (top 89%) or value (top 45%). This highlights its profile: a competitively priced, relatively modern home in the city, whose defining feature is its compact, efficient footprint compared to the Winnipeg average.
