1199 Markham Road

Waverley Heights, Winnipeg

Property score

69.7

Good

Overall 69.7 · Older than most nearby homes

1,262 sqft (top 32%) · Built in 1974 (4 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 schools, 7 healthcare facilitys, and 4 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 62%Punjabi · 6%

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

66.3Good
Living Area1,262 sqft66Good
Year Built197458Fair
Lot Size6,048 sqft81Excellent
Neighbourhood Sales Activity59Fair

Community Score

74.9Good
Household Income85Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need100Excellent
Employment Health42Low

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: #46111191

Community deep dive

$100K

Median household income

$98K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate55%
Median age42.0
Avg household size2.9
Unemployment rate11%
Population density2643 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households13%
Couple families with children26%
Median household income (2020)$100K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$384K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority46%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Punjabi · 5%

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

Rankings

Living Area

above average
1,262 sqft
0255075100
Same streetTop 10%Same areaTop 32%CitywideTop 44%
Same street · Markham Road
#6 / 58
Top 10% · Avg 1,157 sqft
Same area · Waverley Heights
#521 / 1,633
Top 32% · Avg 1,239 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
415k
0255075100
Same streetTop 19%Same areaTop 39%CitywideTop 35%
Same street · Markham Road
#11 / 58
Top 19% · Avg 363.2k
Same area · Waverley Heights
#634 / 1,633
Top 39% · Avg 398.1k
Citywide · Winnipeg
#67,796 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetTop 40%Same areaBottom 7%CitywideTop 42%

Lot Size

above average
6,048 sqft
0255075100
Same streetTop 12%Same areaTop 43%CitywideTop 30%

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

1199 Markham Road — 18 amenities found within 500 m, across 4 categories, including 5 dining (nearest 426 m), 2 education (nearest 291 m), 7 healthcare (nearest 437 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare7
🌳Parks4

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 6/2017CA$300k–350k
Sold price

Same street

Top 50%

Same area

Bottom 41%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 1199 Markham Road, Winnipeg

Property Overview

This home at 1199 Markham Road in Winnipeg's Waverley Heights neighborhood presents a balanced offering of space and value. Its key appeal lies in providing above-average living and land area for its immediate street, all within a well-established, mature community.

Key Characteristics & Suitability

The property’s 1,262 sqft living space is notably larger than the average home on Markham Road, placing it in the top 10% for size on the street. It sits on a 6,048 sqft lot, which is also significantly larger than the street average, offering ample outdoor space. With a 1974 build year, it is typical for the street but is among the older homes in the wider Waverley Heights area. The city’s assessed value of $415,000 is above the local street average, reflecting its relative size and positioning.

This home would suit buyers looking for a spacious footprint and a generous yard within a quiet, established area. It’s ideal for those who prioritize indoor and outdoor room over a newer build, and who appreciate a home that stands out in its immediate vicinity for its scale. The value proposition is clear: you are acquiring more house and land than most neighbors on the block, which could be appealing for families or those planning future additions or landscaping projects.


Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it excels specifically on its own street (Markham Road) in terms of living space and lot size. When compared to the broader Waverley Heights community or the entire city, it becomes more average, which suggests the immediate block consists of slightly smaller, more modest homes.

2. The build year is 1974. Should I be concerned?
The year is average for the street but older than most in Waverley Heights. This doesn’t inherently indicate problems, but it underscores the importance of a thorough inspection. The key will be understanding how well major systems (roof, wiring, plumbing, windows) have been maintained or updated over the decades.

3. Why is the assessed value higher than the street average?
The assessed value is typically driven by factors like living area, lot size, and overall condition. Since this home ranks well above its street average in both square footage and land size, a higher assessment is logical. It’s a formal recognition that the property has more physical assets than many surrounding homes.

4. What does the lot size mean for me practically?
At over 6,000 sqft, the lot is larger than most on the street. This provides more privacy, greater potential for gardening, play areas, or outdoor entertaining, and possibly more flexibility for future projects like a shed or deck, subject to local bylaws.

5. Is this a good value for the neighborhood?
The data suggests a trade-off. You get more physical space (house and land) than is typical for the immediate area, which is a tangible advantage. This is balanced by an older construction date and an assessment that reflects those larger dimensions. Value will depend on how much you prioritize space versus the potential update needs of an older home.

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