106 Lake Lindero Road

Waverley Heights, Winnipeg

Property score

77.9

Good

Overall 77.9 · Larger than most nearby homes

1,339 sqft (top 27%) · Built in 1977 (1 yr older than avg)

Located in a high-income area with median household income of ~104k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 59%Chinese · 10%

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

77.9 is composed by the two sections below.

Property Score

72.9Good
Living Area1,339 sqft71Good
Year Built197767Good
Lot Size8,995 sqft93Excellent
Neighbourhood Sales Activity59Fair

Community Score

85.3Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110976

Community deep dive

$104K

Median household income

$125K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

13%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)567
Labour force participation rate69%
Median age40.8
Avg household size3.0
Unemployment rate8%
Population density2362 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households13%
Couple families with children37%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority31%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

above average
1,339 sqft
0255075100
Same streetBottom 12%Same areaTop 27%CitywideTop 39%
Same street · Lake Lindero Road
#28 / 32
Bottom 12% · Avg 1,822 sqft
Same area · Waverley Heights
#443 / 1,633
Top 27% · Avg 1,239 sqft
Citywide · Winnipeg
#76,204 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
484k
0255075100
Same streetBottom 25%Same areaTop 10%CitywideTop 22%
Same street · Lake Lindero Road
#24 / 32
Bottom 25% · Avg 521.2k
Same area · Waverley Heights
#159 / 1,633
Top 10% · Avg 398.1k
Citywide · Winnipeg
#43,648 / 194,458
Top 22% · Avg 390.1k

Year Built

around average
1977
0255075100
Same streetBottom 22%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
8,995 sqft
0255075100
Same streetBottom 25%Same areaTop 8%CitywideTop 8%

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

106 Lake Lindero Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 435 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 8/2021CA$400k–450k
Sold price

Same street

Bottom 20%

Same area

Top 15%

City-wide

Top 25%

Related homes

Highlights & common questions: 106 Lake Lindero Road, Winnipeg

Property Summary: 106 Lake Lindero Road, Waverley Heights

Section 1: Overview & Appeal

This well-situated home at 106 Lake Lindero Road presents a compelling value proposition within Winnipeg’s Waverley Heights neighborhood. Its key characteristic is a pronounced value-for-location profile. While the home itself is slightly more compact and modestly assessed compared to its immediate street—where larger, higher-value homes are the norm—it stands out strongly within the broader neighborhood and city context. The lot is a significant asset, ranking in the top 8% locally for its generous size (nearly 9,000 sqft), offering ample outdoor space that is increasingly rare.

The appeal lies in securing a property in a desirable, established area with above-average land, while the home itself offers a manageable footprint. It suits practical buyers looking for a solid entry into a prime neighborhood without the premium of the street’s largest homes, or those who prioritize yard space over sheer interior square footage. It’s also a sensible option for downsizers seeking community and space without the upkeep of a maximized house. A less obvious perspective is its potential as a strategic hold; the lot size and location may offer future value that isn't fully reflected in the current assessed value relative to the street.

Section 2: Frequently Asked Questions

1. Is the house small for the area?
Compared to other homes directly on Lake Lindero Road, yes, the living area is below the street average. However, within the wider Waverley Heights neighborhood and across Winnipeg, the home’s size is average to above-average.

2. Why is the assessed value lower than the street average?
The assessed value reflects the home’s specific attributes—including its size and year built—relative to neighbors. It indicates you are acquiring a property on a premium street without paying the full premium for the street’s largest homes, which pulls the average up.

3. What is the most standout feature of this property?
The land area. The lot is significantly larger than most in both the neighborhood and the city, ranking in the top 8%. This provides exceptional outdoor space and potential.

4. Is the 1977 build date a concern?
The year built is typical for the area. While it means systems and components may be due for updates or diligent maintenance, it is consistent with the character of this established neighborhood.

5. Who would this property not suit?
Buyers seeking the largest or most recently built home on the block, or those who prioritize immediate move-in condition with no updates, may find better options elsewhere. It’s best for those who see value in location and lot size.

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