Property score
68.4
Good
Overall 68.4 · Older than most nearby homes
1,190 sqft (top 41%) · Built in 1974 (4 yrs older than avg)
Located in a high-income area with median household income of ~116k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 2 schools, 7 healthcare facilitys, and 4 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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68.4 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: #46110975
$116K
Median household income
$130K
Average household income
8%
Low income (LIM-AT)
0.4
Income inequality (Gini)
2.9
P90 / P10 ratio
4%
Single-person households
41%
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
1186 Markham Road — 18 amenities found within 500 m, across 4 categories, including 5 dining (nearest 445 m), 2 education (nearest 212 m), 7 healthcare (nearest 430 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 | Top 15% | Top 26% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 35% | Top 46% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 1186 Markham Road in Waverley Heights presents a solid, well-positioned offering in the Winnipeg market. Its key appeal lies in its balance and established neighborhood context. With 1,190 sqft of living space on a 5,499 sqft lot and an assessed value of $408k, it sits comfortably above average for its specific street while aligning closely with broader neighborhood and city benchmarks for similar homes. Built in 1974, it is typical for its immediate area but is among the older homes in the wider Waverley Heights neighborhood.
The property suits practical buyers looking for a move-in-ready home in a mature community without premium pricing. It’s particularly appealing to those who value a stronger-than-average street-level standing—its assessed value and living area rank in the top third on Markham Road itself. This suggests a good relative value within a desirable micro-location. It’s ideal for first-time buyers, small families, or downsizers seeking a manageable space with a decent-sized yard, minimal surprises from comparative metrics, and the stability of an established area.
Frequently Asked Questions
How does this home truly compare to others nearby?
The data shows it performs best on its own street. Its assessed value is notably above the street average, and its living space is slightly larger than neighbors'. When zooming out to the entire Waverley Heights neighborhood or Winnipeg, it becomes more average, indicating you're paying for a solid position on a decent street within a larger, sought-after area.
Is the 1974 build year a concern?
On Markham Road, 1974 is exactly the average build year. However, it ranks in the bottom 7% for year built across all of Waverley Heights, meaning the wider neighborhood has many newer homes. This isn't inherently negative but indicates this is one of the older homes in the area, so a thorough inspection of roof, windows, and major systems is wise.
What does the lot size mean for potential expansion or outdoor use?
At 5,499 sqft, the lot is larger than the average on its street but smaller than the neighborhood and city averages for comparable homes. It provides good private outdoor space for a home of this size but may have limitations for major additions compared to properties on larger lots in the same zone.
Does the above-average assessed value on the street mean my taxes will be higher?
Not necessarily. Assessed value is used for property tax calculation, but your taxes are based on the mill rate. A higher assessment relative to your immediate neighbors suggests the municipality sees added value in this property, but it's the overall municipal budget that determines the rate. It's best to inquire about the current annual tax amount.
What’s the main takeaway from all these rankings?
The key insight is stability. This home isn't an outlier in any category—it doesn't have the smallest lot or the newest build. It represents a balanced, middle-ground option. Its strength is its position within its immediate block, offering a slight edge in value and space compared to the direct homes around it, which can be a marker of a good long-term hold.
