Property score
65.4
Good
Overall 65.4 · Smaller than most nearby homes
1,012 sqft (bottom 22%) · Built in 1977 (1 yr 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
18% smaller than neighborhood avg.
Year Built
Near average
1 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
1262 Chancellor Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 335 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 20% | Bottom 24% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1262 Chancellor Drive, Waverley Heights, Winnipeg
Key Characteristics & Appeal
This home at 1262 Chancellor Drive presents a solid, average-value proposition in the established Waverley Heights neighborhood. Its key characteristic is consistency: with 1,012 sqft of living space, a 5,412 sqft lot, and an assessed value of $382k, it sits firmly around the average mark for its immediate street and neighborhood across almost every metric. Built in 1977, it is typical for the area.
The appeal lies in its stability and potential. It’s not the largest or newest home on the block, but it is a financially sensible entry into a mature community. The lot size is competitive for the street, offering standard outdoor space. A thoughtful perspective is that a "below average" living area, when paired with an "around average" lot, can suggest an opportunity for a thoughtful addition or expansion for a buyer looking to add value, rather than a fundamental limitation.
This property would suit first-time buyers or practical downsizers seeking an affordable foothold in Winnipeg without overextending financially. It’s for those who prioritize neighborhood character and lot size over move-in-ready square footage, and who see the value in a home that is priced in line with its immediate surroundings.
Frequently Asked Questions
1. Is the living area a significant drawback?
While the living area is below the local averages, it ranks similarly to many homes on the street. It represents a more compact, efficient layout that may appeal to those seeking lower utility costs and less maintenance.
2. How does the assessed value compare to likely market value?
The assessed value of $382k is very close to the street average of ~$390k, suggesting it is fairly valued by the city. This often provides a reliable baseline, though market conditions will determine the final sale price.
3. What does the 1977 build year mean for maintenance?
Built in the late 1970s, this home is of a very common vintage in the area. Buyers should budget for updates to major aging components like windows, roof, and mechanical systems, which is typical for homes of this era.
4. Is the lot size a positive feature?
Yes. The lot is consistent with the street average, providing standard backyard space for the neighborhood. It is not oversized, but it is not undersized either, offering typical development potential or yard use.
5. How does this property fit within the wider community?
The data shows this home is very representative of its specific street and the broader Waverley Heights neighborhood. It is not an outlier, which can be an advantage for resale and for feeling at home in a community of similar properties.
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