Property score
55.8
Fair
Overall 55.8 · Older than most nearby homes
1,097 sqft (bottom 39%) · Built in 1975 (3 yrs older than avg)
Located in a above-average income area with median household income of ~64.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 1 school, 11 healthcare facilitys, and 1 shop nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 41%Chinese · 30%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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55.8 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: #46111254
$65K
Median household income
$81K
Average household income
28%
Low income (LIM-AT)
0.3
Income inequality (Gini)
7.8
P90 / P10 ratio
24%
Single-person households
18%
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
1126 Markham Road — 22 amenities found within 500 m, across 6 categories, including 6 dining (nearest 335 m), 1 education (nearest 252 m), 11 healthcare (nearest 255 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 | Bottom 25% | Bottom 14% | Bottom 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home presents a distinct value proposition within the Waverley Heights neighborhood. Its key characteristic is a significant assessed value well below area averages, positioned in the top 93% of its own street and top 98% of the neighborhood for affordability. At 1,097 sqft, the living space is consistent with typical homes on Markham Road and in the wider area. The lot is compact at 2,290 sqft, which translates to lower maintenance. Notably, it was built in 1975, making it one of the newest homes on its street.
The primary appeal lies in its accessibility. It offers an entry point into a established neighborhood at a notably lower price point than surrounding properties. This suits first-time buyers, investors, or downsizers seeking a manageable home without a large yard to maintain. A thoughtful perspective is that its newer construction date relative to the street suggests potentially fewer immediate major repairs than older neighboring homes, while the smaller lot represents a fixed, known cost savings in terms of property taxes and upkeep time.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
While the exact reasons are determined by the assessment authority, contributing factors likely include the home's smaller lot size and living area compared to the neighborhood norm, which are key components in the valuation formula.
2. Is the smaller lot size a major drawback?
It depends on your priorities. It significantly reduces yard maintenance and property tax costs, which is a benefit for those seeking simplicity. However, it may not suit those wanting extensive outdoor space for gardening or recreation.
3. How does the living area compare to nearby homes?
At 1,097 sqft, it is very close to the average for Markham Road (~1,157 sqft) and slightly below the Waverley Heights average. It represents a practical, average-sized living space for the immediate area.
4. The home is noted as newer than others on the street. What does that mean?
Built in 1975, it is among the most recently constructed homes on Markham Road. This can sometimes correlate with updated building materials or systems, but a specific interior inspection is necessary to confirm the condition and any renovations.
5. What is the main takeaway from the comparison data?
The data highlights a property that provides standard interior space for its street but on a more compact lot, resulting in a significantly lower municipal assessment—and thus likely lower property taxes—than most homes in the wider community. It’s a trade-off that defines its value.
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