Property score
61.3
Fair
Overall 61.3 · Smaller but newer than most nearby homes
980 sqft (bottom 19%) · Built in 1978
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, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
21% 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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61.3 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
1082 Chancellor Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 128 m), 1 healthcare (nearest 493 m), 2 parks (nearest 147 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 | Top 43% | Top 42% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1082 Chancellor Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Waverley Heights home presents a practical and value-conscious opportunity. Its key characteristic is balance: while the 980 sqft living area is modest compared to local averages, the assessed value of $377k aligns closely with neighborhood norms, suggesting the price accurately reflects the home’s scale. Built in 1978, it is notably newer than many homes on its own street and in the wider city, which can be appealing for those mindful of potential maintenance timelines or architectural style.
The appeal lies in its position as an efficient entry point into a established neighborhood. It suits first-time buyers or downsizers seeking manageable space without overextending financially, and value-focused investors looking for a stable rental property. A thoughtful perspective is that a smaller home on a sub-5,000 sqft lot translates to less ongoing upkeep—both in interior cleaning and exterior yard work—freeing up time and resources. It’s a property that prioritizes location and practicality over sheer size.
Section 2: Frequently Asked Questions
1. Is the living area too small?
While below the local average, the 980 sqft layout is functional for individuals, couples, or small families. It emphasizes efficient use of space over expansiveness, which can mean lower utility costs and less maintenance.
2. How does the assessed value impact property taxes?
With an assessed value very close to the neighborhood average, you can expect property taxes to be typical for Waverley Heights, not disproportionately high or low for the area.
3. What are the advantages of the 1978 build year?
Being newer than many comparables on the street may indicate updates in construction materials and standards for its era, potentially affecting wiring, insulation, or layout. It’s advisable to have a home inspection confirm the specific condition.
4. Is the lot size a limitation?
The 4,499 sqft lot is smaller than others on Chancellor Drive. This means less private outdoor space but also significantly reduced landscaping responsibilities, which can be a benefit for those seeking a low-maintenance property.
5. How should I interpret the "around average" rankings for value?
This suggests the property is priced in line with the market for its offering. It indicates stability and fair valuation rather than being an outlier, which can be positive for both purchase and long-term value retention.
