111 Quincy Bay

Waverley Heights, Winnipeg

Property score

67.5

Good

Overall 67.5 · Smaller than most nearby homes

1,008 sqft (bottom 22%) · Built in 1977 (1 yr older than avg)

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

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 57%Chinese · 9%

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

67.5 is composed by the two sections below.

Property Score

60.7Fair
Living Area1,008 sqft52Fair
Year Built197767Good
Lot Size7,243 sqft88Excellent
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” (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: #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

below average
1,008 sqft
0255075100
Same streetBottom 22%Same areaBottom 22%CitywideBottom 27%
Same street · Quincy Bay
#42 / 54
Bottom 22% · Avg 1,231 sqft
Same area · Waverley Heights
#1,276 / 1,633
Bottom 22% · Avg 1,239 sqft
Citywide · Winnipeg
#142,120 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
412k
0255075100
Same streetTop 50%Same areaTop 41%CitywideTop 35%
Same street · Quincy Bay
#27 / 54
Top 50% · Avg 411.9k
Same area · Waverley Heights
#669 / 1,633
Top 41% · Avg 398.1k
Citywide · Winnipeg
#69,027 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 30%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
7,243 sqft
0255075100
Same streetTop 17%Same areaTop 18%CitywideTop 15%

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 Quincy Bay — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 495 m), 1 parks (nearest 482 m).

Search radius
🏫Education1
🌳Parks1
Worship2

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$450k–500k
Sold price

Same street

Top 19%

Same area

Top 12%

City-wide

Top 21%

Related homes

Highlights & common questions: 111 Quincy Bay, Winnipeg

Property Overview: 111 Quincy Bay, Waverley Heights, Winnipeg

Key Characteristics & Appeal

This 1977-built home on Quincy Bay presents a balanced proposition centered on land value and location. Its primary appeal lies in its generous 7,243 sqft lot, which ranks in the top 20% for size both on its street and within the wider Waverley Heights neighborhood. This offers significant outdoor space and potential not found in many newer subdivisions. The home itself, at 1,008 sqft of living area, is functionally sized but notably below the local and city averages, suggesting a more efficient or compact footprint.

The property’s assessed value of $412k sits consistently around the average benchmark for its immediate street and area, indicating a stable, established valuation. A thoughtful perspective is that this home represents an opportunity to own a well-sized property in a mature neighborhood without the premium often attached to larger houses. It would suit first-time buyers or downsizers seeking a manageable interior with ample yard space for gardening, pets, or future expansion. The data suggests you are purchasing the land and location, with the house offering a solid, entry-level canvas.

Frequently Asked Questions

1. Is the living area a concern?
At 1,008 sqft, the home is smaller than most comparable properties in Winnipeg. This suits simpler living needs but may require creative use of space or an appreciation for low-maintenance interiors.

2. What does the lot size ranking actually mean?
Ranking in the top 17% on the street for land area means this property has one of the larger lots on Quincy Bay. It provides more private outdoor space than most of its direct neighbors.

3. How does the year built affect the home?
Built in 1977, the home is slightly newer than the average on its street. This can mean somewhat updated building materials and systems compared to older area homes, but it still requires a thorough inspection for components nearing the end of their lifespan.

4. Is the assessed value a good indicator of the market price?
The assessed value is for municipal tax purposes. That it aligns with area averages suggests the property is not anomalously over or under-valued by the city, but the final sale price will be determined by the current market.

5. What is the main takeaway from this data profile?
The profile highlights a trade-off: you acquire an above-average sized lot in a stable area, while accepting a living space that is functionally smaller than the norm. The value is in the land and the established neighborhood setting.

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