1108-30 Lake Crest Road

Waverley Heights, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Newer than most nearby homes

857 sqft (top 32%) · Built in 1985 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~73k

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

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 57%Chinese · 9%

Past 10 years Waverley Heights sales snapshot (~80% of all data)

Sold Count

75

Median price

155k

$/sqft

$212/sqft

Avg build year

1981

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Property score

58.4 is composed by the two sections below.

Property Score

45.6Low
Living Area857 sqft32Low
Year Built198573Good
Neighbourhood Sales Activity59Fair

Community Score

77.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley heights” (Condos, 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: #46110973

Community deep dive

$73K

Median household income

$83K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

22%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)641
Labour force participation rate65%
Median age32.4
Avg household size2.7
Unemployment rate8%
Population density3770 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households22%
Couple families with children28%
Median household income (2020)$73K

Housing

Renter households28%
Condominium dwellings45%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority42%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

above average
857 sqft
0255075100
Same streetTop 15%Same areaTop 32%CitywideBottom 31%
Same street · Lake Crest Road
#11 / 71
Top 15% · Avg 826 sqft
Same area · Waverley Heights
#39 / 123
Top 32% · Avg 818 sqft
Citywide · Winnipeg
#18,556 / 26,841
Bottom 31% · Avg 1,042 sqft

Tax-Assessed Value

around average
168k
0255075100
Same streetTop 31%Same areaTop 41%CitywideBottom 24%
Same street · Lake Crest Road
#22 / 71
Top 31% · Avg 163.6k
Same area · Waverley Heights
#50 / 123
Top 41% · Avg 169.7k
Citywide · Winnipeg
#20,479 / 26,841
Bottom 24% · Avg 256.1k

Year Built

Elite
1985
0255075100
Same streetTop 1%Same areaTop 1%CitywideBottom 43%

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

1108-30 Lake Crest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 403 m).

Search radius
🌳Parks1

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 5/2024CA$150k–200k
Sold price

Same street

Top 13%

Same area

Top 35%

City-wide

Bottom 30%
Sold 8/2020CA$150k–200k
Sold price

Same street

Bottom 35%

Same area

Bottom 24%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 1108-30 Lake Crest Road, Winnipeg

Property Overview

This 857 sqft home at 1108-30 Lake Crest Road in Waverley Heights presents a solid, value-conscious opportunity within a well-established neighborhood. Built in 1985, its construction year is notably newer than most direct comparables on its street and within the wider community. The living space is efficiently sized, offering more room than the typical home on Lake Crest Road while aligning closely with the neighborhood average. A key financial characteristic is its municipal tax assessment of $168,000, which is modest relative to the Winnipeg citywide average, suggesting potentially manageable property tax obligations. The appeal here lies in a pragmatic balance: a home that is competitively sized and newer-built within its immediate locale, coupled with an assessment value that positions it as an accessible entry point into the area. It would suit first-time buyers or practical-minded investors seeking a foothold in a mature neighborhood without a premium price tag, and who prioritize functional space and newer infrastructure over sheer size.

Frequently Asked Questions

1. What does the "newer build year" ranking actually mean for a 1985 home?
While 1985 isn't new in an absolute sense, the data shows this home is among the newest on its street and in Waverley Heights. This suggests it may have benefited from building standards or materials of its era that are an upgrade over the neighborhood's older housing stock, potentially affecting roof, windows, or foundational elements.

2. The living space is above the street average but below the city average. How does this feel in practice?
This indicates a efficient, likely well-configured floor plan for its locale. You're getting a home that feels spacious compared to many neighbors but isn't oversized. It's a practical size for a smaller household or couple, focusing on usability rather than excess square footage that drives up costs and maintenance.

3. Why is the tax assessment significantly below the Winnipeg average?
The assessment reflects the property's value as determined by the municipal authority for taxation purposes. A below-average assessment, while not directly setting market price, often correlates with lower property taxes. This can be a major advantage for long-term affordability, making the home's ongoing costs predictable and relatively contained.

4. Who might this property not be ideal for?
It may not suit buyers looking for a very large or expansive living area, as it is not in the top tier for size citywide. Similarly, those seeking a brand-new build or a home with values significantly above neighborhood averages for prestige might find it too modest.

5. How should I interpret the different rankings for street, community, and city?
They provide valuable context. A high street ranking (like the build year) means you have a standout feature compared to your closest neighbors. Community rankings show how you fit in the broader area, while city rankings place the home in the wider market. Here, the home's strengths are most pronounced in its immediate surroundings, offering local competitiveness.

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