1140 Markham Road

Waverley Heights, Winnipeg

Property score

58.6

Fair

Overall 58.6 · Older than most nearby homes

1,112 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: 5 dining spots, 1 school, 11 healthcare facilitys, and 1 shop nearby

Living Area

Below average

10% 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

58.6 is composed by the two sections below.

Property Score

53.2Fair
Living Area1,112 sqft60Fair
Year Built197558Fair
Lot Size2,290 sqft18Low
Neighbourhood Sales Activity59Fair

Community Score

66.8Good
Household Income66Good
Education Level91Excellent
Housing Stress20Low
Core Housing Need76Good
Employment Health60Fair

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

around average
1,112 sqft
0255075100
Same streetBottom 43%Same areaBottom 39%CitywideBottom 41%
Same street · Markham Road
#33 / 58
Bottom 43% · Avg 1,157 sqft
Same area · Waverley Heights
#988 / 1,633
Bottom 39% · Avg 1,239 sqft
Citywide · Winnipeg
#115,325 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

below average
278k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 24%
Same street · Markham Road
#58 / 58
Bottom 1% · Avg 363.2k
Same area · Waverley Heights
#1,622 / 1,633
Bottom 1% · Avg 398.1k
Citywide · Winnipeg
#148,491 / 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

1140 Markham Road — 20 amenities found within 500 m, across 5 categories, including 5 dining (nearest 337 m), 1 education (nearest 238 m), 11 healthcare (nearest 277 m).

Search radius
🍽️Dining5
🏫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 7/2022CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 16%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 1140 Markham Road, Winnipeg

Property Overview: 1140 Markham Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1140 Markham Road in Waverley Heights presents a practical and value-oriented opportunity. Its key appeal lies in a specific combination of space, age, and cost efficiency that stands out within its immediate context.

The 1,112 sqft living area is consistently close to the average for its street, neighborhood, and the wider city, indicating a comfortable, mid-sized layout that meets typical needs without excess. A significant characteristic is the 1975 build year, which is notably newer than most homes on Markham Road itself, suggesting potentially fewer immediate concerns with aging infrastructure compared to its direct neighbors.

The most compelling financial aspect is the property tax assessment value of $278,000, which is substantially lower than the averages on its street ($363k), in Waverley Heights ($398k), and across Winnipeg ($390k). This points to a currently lower property tax burden, a concrete and ongoing cost saving for the owner. It’s important to note that the land size is compact at 2,290 sqft, which is below typical averages for the area. This translates to less yard maintenance but also less private outdoor space.

This property would best suit pragmatic first-time buyers or downsizers who prioritize living space and modern construction within a specific budget over a large lot. It’s for those who see value in a home that is newer than its immediate peers and offers a lower tax assessment, allowing them to allocate funds to personalization, savings, or other investments.


Section 2: Frequently Asked Questions

1. What does the low property tax assessment really mean for me?
It directly indicates a lower annual property tax bill compared to similar-sized homes in the area, based on the current municipal assessment. This is a tangible, recurring saving. Be aware that assessments can change upon sale or through municipal review.

2. The house is newer than others on the street. What are the implications?
A 1975 build is relatively newer for the block, which can be advantageous. It may mean updated electrical wiring (like aluminum to copper), plumbing, and insulation standards for its era, potentially reducing the urgency and cost of major system upgrades.

3. The land size is noted as "below average." How will this affect daily living?
You'll benefit from less time and money spent on lawn care and yard maintenance. The trade-off is limited space for extensive gardening, large outdoor gatherings, or future expansions like a sizable deck or addition, which may be constrained by setback bylaws.

4. The living area is described as "close to average." Is that sufficient?
At just over 1,100 sqft, it provides the essential spaces for a household comfortably. It’s a efficient layout that avoids the higher heating/cooling costs and cleaning effort of a larger home, suiting those who prefer a manageable footprint without feeling cramped.

5. How should I interpret the various ranking percentages?
They show how this home compares to others in different geographic circles. For example, being in the top 2% for build year on its street is a strong local advantage. The consistently low rankings for tax assessment highlight its standout value proposition across all comparison levels.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.