1206 Markham Road

Waverley Heights, Winnipeg

Property score

66.1

Good

Overall 66.1 · Older than most nearby homes

1,076 sqft (bottom 34%) · Built in 1974 (4 yrs older than avg)

Located in a high-income area with median household income of ~116k

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

Living Area

Below average

13% 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

66.1 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,076 sqft52Fair
Year Built197458Fair
Lot Size5,500 sqft74Good
Neighbourhood Sales Activity59Fair

Community Score

80.0Excellent
Household Income90Excellent
Education Level54Fair
Housing Stress100Excellent
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: #46110975

Community deep dive

$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

Population, labour & age

Population (2021)386
Labour force participation rate52%
Median age40.8
Avg household size3.2
Unemployment rate12%
Population density2573 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households4%
Couple families with children41%
Median household income (2020)$116K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority38%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

around average
1,076 sqft
0255075100
Same streetBottom 29%Same areaBottom 34%CitywideBottom 37%
Same street · Markham Road
#41 / 58
Bottom 29% · Avg 1,157 sqft
Same area · Waverley Heights
#1,082 / 1,633
Bottom 34% · Avg 1,239 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetTop 48%Same areaBottom 35%CitywideTop 45%
Same street · Markham Road
#28 / 58
Top 48% · Avg 363.2k
Same area · Waverley Heights
#1,057 / 1,633
Bottom 35% · Avg 398.1k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

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

Lot Size

around average
5,500 sqft
0255075100
Same streetTop 45%Same areaBottom 37%CitywideTop 43%

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

1206 Markham Road — 15 amenities found within 500 m, across 4 categories, including 2 dining (nearest 485 m), 2 education (nearest 263 m), 7 healthcare (nearest 488 m).

Search radius
🍽️Dining2
🏫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 7/2017CA$300k–350k
Sold price

Same street

Top 40%

Same area

Top 50%

City-wide

Top 48%

Related homes

Highlights & common questions: 1206 Markham Road, Winnipeg

Property Overview: 1206 Markham Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1206 Markham Road in Waverley Heights is a well-situated property that represents a solid, middle-of-the-market opportunity. Built in 1974, it features 1,076 sqft of living space on a 5,500 sqft lot. The appeal here lies in its balance and established context. While the living space is slightly below the immediate street average, the property holds its own with a tax assessment value that is competitive and a lot size that is actually larger than many on its block. This suggests a home that may offer good value relative to its street, with potential for outdoor space or expansion.

It’s a property that suits pragmatic buyers—perhaps first-time homeowners or downsizers—who prioritize location and a manageable scale over sheer size. The data indicates it’s not an outlier in any extreme; it’s a typical home for the area, which can be an advantage for those seeking stability and predictable market performance. A thoughtful perspective is that its slightly older build date within the community (ranking in the top 93%, meaning it's older than most in Waverley Heights) might hint at a more mature, established streetscape compared to newer subdivisions, which some buyers prefer. Its overall rankings consistently in the middle percentiles across the city suggest a property that is unlikely to over- or under-perform dramatically, offering a sense of security.

Section 2: Frequently Asked Questions

1. Is the living space considered small for the area?
The living area of 1,076 sqft is slightly below the average for Markham Road itself (1,157 sqft) but is close to the averages for both the wider Waverley Heights community and the city of Winnipeg. It provides a comfortable footprint for a smaller household.

2. How does the tax assessment value affect my potential costs?
The assessed value for taxes is $377,000. This is very close to the local, community, and city averages. This suggests your future property tax bill should be in line with what is typical for comparable homes, without unexpected highs or lows based on assessment.

3. What does the lot size offer?
At 5,500 sqft, the lot is larger than the average for Markham Road. This provides above-average outdoor space for the immediate street, which could be a advantage for gardening, recreation, or future outdoor living additions.

4. The home was built in 1974. Should I be concerned about major updates?
The build year is typical for the street but older than most homes in the broader Waverley Heights community. This is common for established neighbourhoods. A thorough inspection is always recommended to understand the condition of major systems (roof, wiring, plumbing, windows) and any updates that may have been made over the years.

5. How does this property truly compare to others nearby?
The provided rankings show it is consistently around the middle of the pack in most categories when compared to its street, community, and the city. This indicates it is a representative, standard property for Winnipeg, not one with extreme features. For a visual, interactive comparison of specific metrics with neighbouring homes, you can explore the dedicated neighbourhood analysis map.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.