118 Quincy Bay

Waverley Heights, Winnipeg

Property score

69.7

Good

Overall 69.7 · Compared with neighbourhood average

1,190 sqft (top 41%) · Built in 1977 (1 yr older than avg)

Located in a above-average income area with median household income of ~73k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 57%Chinese · 9%

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

69.7 is composed by the two sections below.

Property Score

64.5Fair
Living Area1,190 sqft60Fair
Year Built197767Good
Lot Size6,239 sqft81Excellent
Neighbourhood Sales Activity59Fair

Community Score

77.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

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: #46110973

Community deep dive

$73K

Median household income

$83K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

22%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)641
Labour force participation rate65%
Median age32.4
Avg household size2.7
Unemployment rate8%
Population density3770 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households22%
Couple families with children28%
Median household income (2020)$73K

Housing

Renter households28%
Condominium dwellings45%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority42%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,190 sqft
0255075100
Same streetTop 46%Same areaTop 41%CitywideBottom 49%
Same street · Quincy Bay
#25 / 54
Top 46% · Avg 1,231 sqft
Same area · Waverley Heights
#669 / 1,633
Top 41% · Avg 1,239 sqft
Citywide · Winnipeg
#99,787 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
397k
0255075100
Same streetBottom 39%Same areaBottom 48%CitywideTop 39%
Same street · Quincy Bay
#33 / 54
Bottom 39% · Avg 411.9k
Same area · Waverley Heights
#848 / 1,633
Bottom 48% · Avg 398.1k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 30%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
6,239 sqft
0255075100
Same streetBottom 19%Same areaTop 40%CitywideTop 26%

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

118 Quincy Bay — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 436 m), 1 parks (nearest 432 m).

Search radius
🏫Education1
🌳Parks1
Worship2

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 9/2020CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Top 44%

City-wide

Top 45%
Sold 2/2018CA$300k–350k
Sold price

Same street

Bottom 19%

Same area

Bottom 45%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 118 Quincy Bay, Winnipeg

Property Overview: 118 Quincy Bay, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 118 Quincy Bay is a well-situated property that represents a solid, middle-of-the-road offering in the Winnipeg market. Built in 1977, it is slightly newer than many homes on its street and in the broader city. With 1,190 sqft of living space, it provides a practical footprint that is very close to the average for both the immediate neighborhood and the Waverley Heights community, making it a comfortable size for a small family or couple.

The property’s appeal lies in its balance and established location. The lot size of 6,239 sqft is notably larger than the city average, offering good outdoor space, though it is somewhat smaller than others on Quincy Bay itself. Its municipal tax assessment value is competitive, sitting close to the area average, which suggests a reasonable property tax burden relative to the community.

This home would best suit pragmatic buyers looking for a move-in ready property in a mature neighborhood without extreme outliers in size, cost, or age. It’s ideal for those who value a balanced proposition—not the largest or newest on the block, but a home that holds its own with decent space, a manageable lot, and the stability of an established area. It’s a choice that avoids the premiums of a top-tier ranking or the compromises of a lower one.


Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,190 sqft, the living space is very close to the average for both Quincy Bay street (1,231 sqft) and the wider Waverley Heights community (1,239 sqft). It provides a standard, practical layout for the area.

2. Is the property tax assessment high for this home?
The assessed value is near the average for the local community and street. It ranks in the middle tercile on Quincy Bay, indicating its tax assessment is typical for the immediate vicinity.

3. What is the significance of the 1977 build year?
Built in 1977, this home is slightly newer than the average house on its street and significantly newer than the average Winnipeg home (1966). This can suggest potentially fewer immediate major age-related updates compared to many city-wide properties.

4. The lot seems smaller than others on the street. Is that a concern?
While the lot is smaller than the specific street average, it is actually larger than both the community and city averages. This means you have more yard space than many Winnipeg homes, but potentially less than some direct neighbors on Quincy Bay.

5. What do these rankings actually tell a buyer?
The rankings contextualize this property against clear benchmarks. They show this is not an outlier but a balanced property. For example, it ranks in the top 30% for age on its street (an advantage) but in the top 60% for assessment value (meaning it’s not among the most highly assessed, which some may see as an affordability advantage). It presents a stable, median investment in the local market.

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