11 Sandy Lake Place

Waverley Heights, Winnipeg

Property score

70.1

Good

Overall 70.1 · Newer than most nearby homes

1,200 sqft (top 39%) · Built in 1978

Located in a high-income area with median household income of ~97k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 4 healthcare facilitys, and 2 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 50%Punjabi · 13%

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

70.1 is composed by the two sections below.

Property Score

62.8Fair
Living Area1,200 sqft66Good
Year Built197867Good
Lot Size3,615 sqft46Low
Neighbourhood Sales Activity59Fair

Community Score

81.0Excellent
Household Income83Excellent
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: #46110980

Community deep dive

$97K

Median household income

$107K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

10%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)599
Labour force participation rate71%
Median age32.8
Avg household size3.1
Unemployment rate12%
Population density2995 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households10%
Couple families with children31%
Median household income (2020)$97K

Housing

Renter households22%
Condominium dwellings7%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority59%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 50%
Mother tongue (2nd)Punjabi · 12%

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

Rankings

Living Area

Elite
1,200 sqft
0255075100
Same streetTop 5%Same areaTop 39%CitywideTop 50%
Same street · Sandy Lake Place
#1 / 20
Top 5% · Avg 917 sqft
Same area · Waverley Heights
#634 / 1,633
Top 39% · Avg 1,239 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

above average
356k
0255075100
Same streetTop 15%Same areaBottom 29%CitywideBottom 48%
Same street · Sandy Lake Place
#3 / 20
Top 15% · Avg 330.8k
Same area · Waverley Heights
#1,155 / 1,633
Bottom 29% · Avg 398.1k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

Elite
1978
0255075100
Same streetTop 5%Same areaTop 18%CitywideTop 35%

Lot Size

around average
3,615 sqft
0255075100
Same streetTop 50%Same areaBottom 18%CitywideBottom 21%

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

11 Sandy Lake Place — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 251 m), 4 healthcare (nearest 464 m), 2 parks (nearest 121 m).

Search radius
🏫Education2
🏥Healthcare4
🌳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 11/2022CA$300k–350k
Sold price

Same street

Top 33%

Same area

Bottom 39%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 11 Sandy Lake Place, Winnipeg

Property Overview

This home at 11 Sandy Lake Place presents a compelling mix of established character and relative value within its immediate setting. Its appeal lies in being a well-positioned property on a desirable street, offering a practical layout in a mature neighbourhood.

Key Characteristics & Ideal Buyer
The 1,200 sqft bungalow, built in 1978, sits on a 3,615 sqft lot. The data reveals a clear strength: this is one of the premier properties on its own street. It ranks #1 for living area and year built among the 20 comparable homes on Sandy Lake Place, and #3 for assessed value. This suggests a home that has been maintained well relative to its direct neighbours.

Its appeal is nuanced. While it shines on its street, it sits around or below neighbourhood and city averages for lot size and value. This creates an opportunity for a buyer seeking a prime location within a well-regarded area like Waverley Heights, but at an assessed value noticeably below the neighbourhood average. It suits a practical buyer who values a spacious interior over a large yard, and who understands that a lower assessment can be an advantage. It would fit a young family looking for move-in-ready character in a solid locale, or a downsizer wanting single-level living without premium neighbourhood pricing.


Frequently Asked Questions

1. Is this a good value for the area?
The assessed value of $356k is above the street average but below the wider neighbourhood average. This indicates you may be getting more home for your money compared to the immediate street, while potentially paying less than the typical Waverley Heights home.

2. How does the lot size impact the property?
At 3,615 sqft, the lot is smaller than most in the neighbourhood and city. This means lower maintenance, but also less private outdoor space. The trade-off is a more generous-than-average living area inside the home itself.

3. What does the "Elite" street ranking mean?
Rankings are relative. Being #1 for living area and year built on the street suggests this home is likely among the most updated and spacious in its direct peer group, which can be a point of pride and stability.

4. The home was built in 1978. Should I be concerned?
The year built is ranked #1 on its street and above average for the neighbourhood, meaning it is actually newer than many nearby homes. As with any home of this age, a thorough inspection of major systems (roof, wiring, plumbing) is recommended.

5. Why is the neighbourhood ranking lower than the street ranking?
This is a key insight. The home excels on its specific street, which may be a quiet, established enclave. The broader neighbourhood includes a wider variety of properties, often on larger lots. It highlights the importance of evaluating the micro-location—the specific street—as much as the general neighbourhood.

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