65.5
Good
Property score
65.5
Good
Overall 65.5
Compared with neighbourhood average
1,076 sqft (bottom 34%)
Built in 1977 (1 yr older than avg)
Located in a above-average income area
with median household income of ~87k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
13% 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)
627
415k
$333/sqft
1978
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65.5 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
1115 Chancellor Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 88 m), 2 parks (nearest 340 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 30% | Top 30% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 1115 Chancellor Drive in Waverley Heights is a study in established, middle-of-the-road appeal. Its metrics consistently place it in the broad average range for its street, neighborhood, and the wider city of Winnipeg. Built in 1977, the 1,076 sqft house sits on a 4,998 sqft lot, with an assessed value of $400k. The data suggests a property that doesn’t stand out for extreme size or value but represents a stable, predictable entry in the market. Its appeal lies in this very consistency—it’s a known quantity in a mature neighborhood, offering a manageable scale without the premium or the challenges of more outlier properties.
Key Characteristics & Ideal Buyer
The home’s key characteristic is its alignment with local averages. The living area, year built, and assessed value all hover close to the norms for Chancellor Drive and Waverley Heights. A thoughtful perspective is that the slightly smaller-than-average lot size for the neighborhood might translate to less yard maintenance, which could be a hidden perk for some. This isn’t a sprawling estate or a compact starter home; it occupies a comfortable middle ground.
This property would suit pragmatic buyers seeking a straightforward home in a settled area. It’s well-suited for first-time buyers or downsizers who prioritize a manageable footprint and want to avoid the surprises or premium costs associated with homes that rank at the very top or bottom in key metrics. It appeals to those who value neighborhood character over standout square footage, offering a chance to be part of an established community without an excessive property to manage.
1. Is this home a good value compared to others on the street?
The assessed value of $400k is very close to the street average of ~$390k, ranking it in the top 38%. This suggests it’s priced consistently with the market, neither a bargain nor overvalued relative to its immediate neighbors.
2. How does the lot size impact the property?
At 4,998 sqft, the lot is smaller than the average for both the street and neighborhood. This likely means a more manageable yard for upkeep, but may offer less privacy or space for expansions compared to some nearby homes.
3. What does the "around average" ranking for year built mean?
Built in 1977, the home is typical for the area. Buyers should expect the maintenance considerations common to houses of this era, but can also be confident that major community infrastructure and landscaping are well-established.
4. Is the living space smaller than most homes in Winnipeg?
At 1,076 sqft, it is below the citywide average for comparable homes. However, it is much closer to the averages for its specific street and neighborhood, indicating the homes in Waverley Heights tend to be cozier than the city median.
5. Does this data suggest the neighborhood is stable?
The consistent clustering of home values, sizes, and ages around the averages points to a stable, homogeneous area without wild fluctuations. This often indicates predictable property values and a settled community feel.
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