Property score
60.4
Fair
Overall 60.4 · Smaller and older than most nearby homes
923 sqft (bottom 13%) · 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: 2 schools, 3 parks, 1 bank/ATM, and 1 fuel station nearby
Living Area
Below average
25% smaller 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)
627
415k
$333/sqft
1978
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60.4 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: #46111191
$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
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
1251 Markham Road — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 161 m), 3 parks (nearest 185 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 45% | Bottom 34% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1251 Markham Road, Winnipeg
Key Characteristics & Appeal
This 1974-built home on a 5,854 sqft lot presents a practical opportunity in the Waverley Heights area. Its primary appeal lies in the land itself—the lot size is notably above average for its immediate street and is competitive within the neighborhood. This offers valuable outdoor space and potential for gardening, expansion, or future development, subject to approvals.
The home’s living space (923 sqft) is compact, ranking below average at every comparison level. This creates a clear profile: a property where the value is anchored more in the land than in the size of the existing structure. The assessed value of $358k is consistently around or below average for the area, suggesting a potentially accessible entry point into the neighborhood.
This property would best suit a value-conscious buyer who prioritizes lot size over immediate living space. It could appeal to a first-time buyer comfortable with a cozy layout, an investor seeing long-term land value, or a homeowner willing to renovate or expand over time. Its average age and below-average square footage mean it’s likely a functional home that requires a buyer to see the underlying asset—the generous lot—as the key feature.
Frequently Asked Questions
1. Is this a small house?
Yes. At 923 sqft, the living area is below the average for the street, neighborhood, and city. It’s a compact layout suited for efficient living or as a starting point.
2. Why is the assessed value relatively low compared to the neighborhood average?
The assessed value reflects the property as a whole. While the lot is a positive feature, the smaller size and age of the home itself bring the total assessment down to around $358k, below the Waverley Heights average of ~$398k.
3. What does the lot size ranking actually mean?
Ranked 10th out of 58 on its street (Top 17%), the lot is larger than most direct neighbors. This is the property’s standout characteristic and offers more private outdoor space than many nearby homes.
4. How does the age of the home affect things?
Built in 1974, it is older than most in Waverley Heights but typical for its specific street. Buyers should budget for maintenance and updates consistent with a home of this era, but it may also have mature landscaping.
5. Is this a good street or area?
The data shows the street has homes with generally smaller living areas and lots that vary in size. The neighborhood (Waverley Heights) overall has larger homes and higher average values, indicating this property is a more modest option within a established community.
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