1156 Markham Road

Waverley Heights, Winnipeg

Property score

55.8

Fair

Overall 55.8 · Older than most nearby homes

1,099 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, 10 healthcare facilitys, and 3 parks 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

55.8 is composed by the two sections below.

Property Score

48.4Low
Living Area52
1,099 sqftFair
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

around average
1,099 sqft
0255075100
Same streetBottom 36%Same areaBottom 39%CitywideBottom 39%
Same street · Markham Road
#37 / 58
Bottom 36% · Avg 1,157 sqft
Same area · Waverley Heights
#999 / 1,633
Bottom 39% · Avg 1,239 sqft
Citywide · Winnipeg
#117,799 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
325k
0255075100
Same streetBottom 33%Same areaBottom 21%CitywideBottom 37%
Same street · Markham Road
#39 / 58
Bottom 33% · Avg 363.2k
Same area · Waverley Heights
#1,285 / 1,633
Bottom 21% · Avg 398.1k
Citywide · Winnipeg
#122,076 / 194,458
Bottom 37% · 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

1156 Markham Road — 19 amenities found within 500 m, across 4 categories, including 5 dining (nearest 348 m), 1 education (nearest 233 m), 10 healthcare (nearest 309 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare10
🌳Parks3

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

1156 Markham Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 1156 Markham Road, Winnipeg

Property Overview: 1156 Markham Road, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical and competitively positioned offering in the Waverley Heights neighborhood. Its key appeal lies in its balance of space, value, and a well-maintained vintage.

The 1,099 sqft living area is consistently "close to average" for its immediate street, neighborhood, and the wider Winnipeg market, indicating a comfortable, mid-sized layout that meets typical family needs without excess. A standout feature is the 1975 build year, which ranks in the top 2% on its street, suggesting it is one of the newer homes on Markham Road and may have benefited from updates or construction standards of that era.

The property’s assessed value for taxes is notably below the neighborhood average, which can translate to a relatively lower property tax burden—a significant, ongoing cost saving for a buyer. This value positioning, combined with the solid living space, creates a compelling efficiency proposition.

The lot size is compact at 2,290 sqft, significantly smaller than area norms. This reduces exterior maintenance demands and may appeal to those seeking a manageable yard. The trade-off is less private outdoor space, positioning this home better for busy professionals, small families, or downsizers rather than those prioritizing extensive gardening or recreation.

In summary, this home suits value-conscious buyers looking for a low-maintenance, move-in-ready property in a established neighborhood. It’s ideal for first-time homeowners seeking a sensible entry point, or practical investors and downsizers who prioritize interior space and modern conveniences over a large lot.

Section 2: Frequently Asked Questions

1. How does the smaller lot size actually benefit me?
While offering less space for gardening or play, the compact lot significantly reduces the time and cost required for lawn care, landscaping, and general upkeep. This can be a major advantage for busy households or those looking to minimize weekend chores.

2. The build year is a top ranking on the street. What does that imply?
Being one of the newer homes (1975) on its block suggests it may have newer major systems (like electrical or plumbing) compared to older neighbors and potentially a layout that feels more modern. It’s a sign of relative modernity within an established streetscape.

3. The assessed value is below the neighborhood average. Is that good?
Yes, this is generally positive for an owner-occupant. A lower assessment typically leads to a lower annual property tax bill compared to similar-sized homes in Waverley Heights, representing long-term savings. It does not necessarily reflect the market sale price.

4. What does "living area close to average" really mean for daily life?
It means the home’s size is squarely within the mainstream for Winnipeg. You can expect a standard number of bedrooms and living areas suitable for a typical family, without the premium cost or heating bills of a much larger home, nor the potential constraints of a significantly smaller one.

5. Who might this property not be ideal for?
Buyers with multiple children or who desire ample private outdoor space for pets, gardening, or entertaining may find the lot size limiting. Those specifically seeking a historic character home or a brand-new build might also look elsewhere, as this property represents a well-kept, practical option from the 1970s.