Property score
65.4
Good
Overall 65.4 · Older than most nearby homes
1,076 sqft (bottom 34%) · Built in 1976 (2 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 60%Chinese · 7%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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65.4 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: #46110977
$106K
Median household income
$112K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
Single-person households
40%
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
1247 Chancellor Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 271 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 29% | Top 29% | Top 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 50% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1247 Chancellor Drive, Winnipeg
Key Characteristics & Appeal
This 1976-built home in Waverley Heights presents a solid, average offering in the Winnipeg market. With 1,076 sqft of living space on a 5,233 sqft lot, its metrics consistently fall within the middle range when compared to its immediate street, neighborhood, and the wider city. The assessed value of $407k is modestly above local averages, suggesting it is viewed as a stable asset in the area.
The appeal here is one of predictability and balance. It’s a home that doesn’t stand out for extreme size, age, or value, but rather for its alignment with established community norms. This can be attractive for buyers seeking a known quantity—a property unlikely to hold major surprises in terms of upkeep or relative worth. It would suit first-time buyers or downsizers looking for a straightforward entry into a mature neighborhood, or investors seeking a stable, rental-ready property. A thoughtful perspective is that its "average" rankings across the board indicate a resilient baseline; in a shifting market, such homes often demonstrate less volatility than properties with more extreme characteristics.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The home’s assessed value is above the street average, ranking in the top 31%. This indicates the city assesses it as having more value than many direct neighbors, which could be due to condition, updates, or specific lot advantages.
2. How does the lot size compare?
At 5,233 sqft, the lot is slightly smaller than both the street and neighborhood averages. It offers standard outdoor space for the area but isn’t considered expansive.
3. The home was built in 1976. Is that older than most in the area?
Interestingly, no. On Chancellor Drive, it’s right around the average build year. Within the broader Waverley Heights neighborhood, it actually ranks in the top 26% for being newer, as many homes were built around 1978 or earlier.
4. What do the ranking percentages actually mean?
A ranking in the "Top 61%" for living area, for example, means 39% of comparable homes have less space, and 61% have the same or more. It’s a measure of where the property sits within the distribution, not a grade.
5. Are there any obvious advantages or disadvantages based on this data?
The data suggests no major outliers. The advantage is stability and meeting community standards. The potential disadvantage is the lack of a standout feature (like a very large lot or recent build year) that might drive exceptional demand or appreciation compared to peers.
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