Property score
82.1
Excellent
Overall 82.1 · Larger and newer than most nearby homes
1,612 sqft (top 13%) · Built in 2001 (23 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Above average
30% larger than neighborhood avg.
Year Built
Above average
23 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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82.1 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: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
Single-person households
31%
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
12 Gundy Lake Bay — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 368 m), 2 education (nearest 298 m), 5 healthcare (nearest 324 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 | Bottom 40% | Top 21% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 12 Gundy Lake Bay, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, modern construction, and established value within the desirable Waverley Heights neighborhood. Its key appeal lies in its above-average living area (1,612 sqft) and its notably newer build year (2001), which stands out significantly in both the immediate area and citywide context. The property is positioned on a good-sized lot (6,790 sqft) that offers ample outdoor space while remaining manageable.
The data reveals a thoughtful perspective: this isn't just a large home, but a relatively new home in a mature neighborhood. Its assessed value ranks in the elite top 3% for Waverley Heights, suggesting it is perceived as a premium property within a sought-after area. This combination suits buyers looking for a turn-key home in a well-established community without the maintenance concerns of an older property. It would particularly appeal to growing families or professionals seeking space and modern amenities, and to value-conscious buyers who appreciate a home that outperforms neighborhood averages in key metrics like age and assessed value.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a strong position. It has the second-newest construction and the second-highest assessed value on Gundy Lake Bay, with a living area slightly above the street average. The lot size is slightly smaller than the street average.
2. What does the "Elite" ranking for assessed value in the neighborhood mean?
It means this home's assessed value is in the top 3% of the 1,633 comparable properties in Waverley Heights. This indicates it is considered a high-value property within an already desirable neighborhood, which can be a positive indicator for long-term value retention.
3. Is the 2001 build year a significant advantage?
Yes, especially in this context. The average home in Waverley Heights was built in 1978, and citywide in 1966. A 2001 build typically means more modern construction standards, materials, wiring, and layout, potentially reducing immediate renovation needs.
4. The lot is ranked 8th out of 12 on the street. Is that a drawback?
Not necessarily. While it's slightly below the street's average lot size, it remains significantly larger than both the neighborhood and citywide averages. It offers ample yard space while possibly requiring less maintenance than the largest lots on the block.
5. How should I interpret the different rankings (street, neighborhood, city)?
They provide layered context. A home might be average on its street (where standards are high) but above-average in the wider neighborhood or city. Here, the home shows consistent strength at every level, with its newest construction date being its most standout feature, particularly within the neighborhood.
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