1136 Markham Road

Waverley Heights, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Older than most nearby homes

1,222 sqft (top 38%) · 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

Near average

1% 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

60.8 is composed by the two sections below.

Property Score

56.8Fair
Living Area66
1,222 sqftGood
Year Built58
1975Fair
Lot Size18
2,290 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

66.8Good
Household Income66
Good
Education Level91
Excellent
Housing Stress20
Low
Core Housing Need76
Good
Employment Health60
Fair

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: #46111254

Community deep dive

$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

Population, labour & age

Population (2021)2,340
Labour force participation rate65%
Median age29.6
Avg household size2.5
Unemployment rate11%
Population density3000 / km²

Households & income

Low income (LIM-AT, % pop.)28%
Single-person households24%
Couple families with children18%
Median household income (2020)$65K

Housing

Renter households46%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority68%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 40%
Mother tongue (2nd)Chinese · 29%

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

Rankings

Living Area

above average
1,222 sqft
0255075100
Same streetTop 24%Same areaTop 38%CitywideTop 48%
Same street · Markham Road
#14 / 58
Top 24% · Avg 1,157 sqft
Same area · Waverley Heights
#614 / 1,633
Top 38% · Avg 1,239 sqft
Citywide · Winnipeg
#93,411 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

below average
280k
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 24%
Same street · Markham Road
#57 / 58
Bottom 2% · Avg 363.2k
Same area · Waverley Heights
#1,619 / 1,633
Bottom 1% · Avg 398.1k
Citywide · Winnipeg
#147,552 / 194,458
Bottom 24% · Avg 390.1k

Year Built

Elite
1975
0255075100
Same streetTop 2%Same areaBottom 14%CitywideTop 40%

Lot Size

below average
2,290 sqft
0255075100
Same streetBottom 26%Same areaBottom 3%CitywideBottom 2%

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

1136 Markham Road — 21 amenities found within 500 m, across 5 categories, including 6 dining (nearest 336 m), 1 education (nearest 241 m), 11 healthcare (nearest 271 m).

Search radius
🍽️Dining6
🏫Education1
🏥Healthcare11
🛒Shopping1
🌳Parks2

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 3/2016CA$250k–300k
Sold price

Same street

Bottom 10%

Same area

Bottom 5%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 1136 Markham Road, Winnipeg

Property Overview

This home presents a distinct value proposition centered on its efficient use of space and significant price advantage within its immediate area. At 1,222 sqft, the living area is practical and actually above average for Markham Road itself. The 1975 build date is also a standout feature on its street, suggesting it may be among the most modern constructions in that specific row. However, its most defining characteristic is its assessed value of $280k, which is notably lower than averages on its street ($363k), in Waverley Heights ($398k), and citywide. This is balanced by a smaller, more manageable lot of 2,290 sqft, which means less yard maintenance.

Its appeal lies in offering solid interior space and a modern build year for the street at an accessible entry point into the market. It suits first-time buyers, downsizers, or practical investors seeking a lower-cost footprint in the area without sacrificing living space. The smaller lot could be a perk for those wanting minimal outdoor upkeep. A thoughtful perspective is that this property represents a "value anomaly" on its block—you’re buying a home that compares well internally to its neighbors but is priced significantly lower, potentially allowing for equity growth as it aligns with area norms.


Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbors?
While specific assessment reasons aren't provided, the combination of a significantly smaller lot size and the assessed value being consistently below average across all comparison levels suggests this is the primary factor. It reflects a lower base value for the property itself.

2. Is the smaller lot a major drawback?
It depends on your lifestyle. It limits expansive gardening, large outdoor structures, or vast play areas. For those who prefer minimal yard work or prioritize indoor space over outdoor, it can be a practical benefit that contributes to the home's affordability.

3. The home is newer than most on the street. Does that mean it’s in better condition?
Not necessarily, but it suggests potentially fewer age-related concerns than its immediate neighbors. A 1975 build still requires a thorough inspection, but it may have features or systems that are more modern than older homes on the block.

4. How does the living area feel compared to other homes?
The data indicates the living area is above average for the street and competitive within the neighborhood. You are getting more interior space than many direct neighbors, which is a key positive offset to the smaller lot.

5. What does the "Top %" ranking mean for the year built?
A "Top 2%" rank for year built on its street means it is one of the newest homes among the 58 compared. However, rankings change with scope; in the wider neighborhood, it's older than average. This highlights that its modern status is very specific to its immediate location.