1075 Chancellor Drive

Waverley Heights, Winnipeg

Property score

65.5

Good

Overall 65.5 · Smaller and older than most nearby homes

1,036 sqft (bottom 24%) · Built in 1976 (2 yrs older than avg)

Located in a above-average income area with median household income of ~87k

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

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 48%Punjabi · 15%

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

65.5 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,036 sqft52Fair
Year Built197667Good
Lot Size4,998 sqft60Fair
Neighbourhood Sales Activity59Fair

Community Score

79.0Good
Household Income79Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110979

Community deep dive

$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

Population, labour & age

Population (2021)703
Labour force participation rate67%
Median age34.4
Avg household size2.9
Unemployment rate7%
Population density4393 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households18%
Couple families with children31%
Median household income (2020)$87K

Housing

Renter households14%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority58%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Punjabi · 15%

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

Rankings

Living Area

around average
1,036 sqft
0255075100
Same streetBottom 23%Same areaBottom 24%CitywideBottom 30%
Same street · Chancellor Drive
#236 / 305
Bottom 23% · Avg 1,220 sqft
Same area · Waverley Heights
#1,240 / 1,633
Bottom 24% · Avg 1,239 sqft
Citywide · Winnipeg
#136,635 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetTop 46%Same areaBottom 44%CitywideTop 40%
Same street · Chancellor Drive
#139 / 305
Top 46% · Avg 389.8k
Same area · Waverley Heights
#910 / 1,633
Bottom 44% · Avg 398.1k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetBottom 41%Same areaBottom 26%CitywideTop 39%

Lot Size

around average
4,998 sqft
0255075100
Same streetBottom 30%Same areaBottom 29%CitywideBottom 45%

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

1075 Chancellor Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 107 m), 2 parks (nearest 213 m).

Search radius
🏫Education1
🌳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 7/2021CA$450k–500k
Sold price

Same street

Top 6%

Same area

Top 8%

City-wide

Top 16%
Sold 3/2017CA$300k–350k
Sold price

Same street

Bottom 38%

Same area

Bottom 39%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 1075 Chancellor Drive, Winnipeg

Property Overview: 1075 Chancellor Drive, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1075 Chancellor Drive presents a practical and competitively positioned offering in the Waverley Heights community. Built in 1976, it is a typical representative of its neighborhood's era. With 1,036 sqft of living space and a 4,998 sqft lot, its size is consistently below the local area averages but aligns more closely with the broader Winnipeg standard. This creates a specific appeal: you are acquiring a home with manageable scale in an established area, potentially with lower utility and maintenance demands than a larger property.

The primary appeal lies in its value proposition and location. The property's tax assessment value of $392,000 is very close to the average for both its street and the entire city, suggesting it is priced in line with the market. For buyers, this indicates a stable, mid-range investment without a significant premium for the address. It would suit first-time homeowners, downsizers, or investors seeking a straightforward, no-surprises property in a mature neighborhood. The data suggests it’s not the largest or newest on the block, but it holds its own as a solid, average contender in the wider market—a sensible choice for those prioritizing practicality and established communities over size or modern build.

A less obvious perspective is that its "below-average" size for the immediate area could be an advantage. It may offer a more affordable entry point into the Waverley Heights community compared to larger homes on the same street, while still providing the benefits of the location. The lot size, while smaller than the neighborhood average, still allows for decent outdoor space without the burden of an excessively large yard.

Section 2: Frequently Asked Questions

1. Is this home significantly smaller than others in Waverley Heights?
Yes, the living area is below the average for both Chancellor Drive and the wider Waverley Heights community. This means it is a more compact option in the area, which can translate to lower heating/cooling costs and less interior maintenance.

2. How does the tax assessment value compare?
The assessment of $392,000 is very close to the average on its street ($390k) and across Winnipeg ($390k), and slightly below the Waverley Heights average ($398k). This indicates the property is assessed consistently with market norms for a home of its type.

3. What does the 1976 build year imply?
The home is of a typical vintage for the neighborhood. Buyers should anticipate features and systems common to late-70s construction and budget for potential updates to elements like windows, roofing, or mechanical systems, which may be nearing the end of their service life.

4. Is the lot a good size?
At just under 5,000 sqft, the lot is smaller than most in Waverley Heights but is close to the Winnipeg city average. It provides adequate private outdoor space for gardening or recreation without the high maintenance of a much larger yard.

5. Who would this property not suit?
It may not be ideal for buyers seeking a spacious, move-in-ready modern home or those who prioritize having one of the largest properties on the block. Families requiring extensive living space or multiple large bedrooms might find it limiting compared to other area options.

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