111 Lake Village Road

Waverley Heights, Winnipeg

Property score

60.6

Fair

Overall 60.6 · Smaller than most nearby homes

920 sqft (bottom 13%) · Built in 1977 (1 yr older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Near average

1 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

60.6 is composed by the two sections below.

Property Score

48.4Low
Living Area920 sqft42Low
Year Built197767Good
Lot Size3,519 sqft46Low
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
920 sqft
0255075100
Same streetTop 38%Same areaBottom 13%CitywideBottom 18%
Same street · Lake Village Road
#54 / 142
Top 38% · Avg 936 sqft
Same area · Waverley Heights
#1,426 / 1,633
Bottom 13% · Avg 1,239 sqft
Citywide · Winnipeg
#158,755 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
326k
0255075100
Same streetTop 9%Same areaBottom 22%CitywideBottom 38%
Same street · Lake Village Road
#13 / 142
Top 9% · Avg 309.5k
Same area · Waverley Heights
#1,274 / 1,633
Bottom 22% · Avg 398.1k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 12%Same areaBottom 49%CitywideTop 37%

Lot Size

around average
3,519 sqft
0255075100
Same streetBottom 49%Same areaBottom 16%CitywideBottom 19%

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

111 Lake Village Road — 15 amenities found within 500 m, across 7 categories, including 7 dining (nearest 363 m), 1 education (nearest 486 m), 3 healthcare (nearest 361 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare3
🛒Shopping1
🌳Parks1
Fuel Stations1
🏛️Government1

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

111 Lake Village Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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