1263 Chancellor Drive

Waverley Heights, Winnipeg

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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

65.4 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,076 sqft52Fair
Year Built197667Good
Lot Size5,232 sqft67Good
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

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: #46110977

Community deep dive

$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

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

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 39%Same areaBottom 34%CitywideBottom 37%
Same street · Chancellor Drive
#185 / 305
Bottom 39% · Avg 1,220 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
391k
0255075100
Same streetTop 47%Same areaBottom 44%CitywideTop 41%
Same street · Chancellor Drive
#143 / 305
Top 47% · Avg 389.8k
Same area · Waverley Heights
#919 / 1,633
Bottom 44% · Avg 398.1k
Citywide · Winnipeg
#79,099 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetBottom 41%Same areaBottom 26%CitywideTop 39%

Lot Size

around average
5,232 sqft
0255075100
Same streetBottom 37%Same areaBottom 32%CitywideTop 49%

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

1263 Chancellor Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 331 m).

Search radius
🌳Parks2

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 1/2017CA$300k–350k
Sold price

Same street

Bottom 24%

Same area

Bottom 26%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 1263 Chancellor Drive, Winnipeg

Property Overview

This home at 1263 Chancellor Drive in Waverley Heights presents a solid, middle-of-the-road opportunity in the Winnipeg market. Built in 1976, it sits on a 5,232 sqft lot with 1,076 sqft of living space and a municipal assessed value of $391,000. The key data reveals a property that consistently ranks as "around average" compared to its immediate street and neighborhood across most metrics. Its appeal lies in its predictability and stability—it’s a home that doesn’t stand out for extreme size, value, or age, but rather fits comfortably within the established character of its community. This makes it a straightforward canvas without the premium or the major project often associated with top-tier or bottom-tier ranked homes.

This property would suit a pragmatic buyer, perhaps a first-time homeowner or a downsizer, who prioritizes neighborhood consistency over standout features. It’s for someone who sees value in a home that requires less guesswork about its place in the market, where the numbers suggest you are unlikely to be overpaying for an inflated reputation nor inheriting a glaring outlier in need of significant catch-up. A thoughtful perspective is that this "average" positioning can be a strategic advantage, offering a lower-pressure entry into a stable area without the competition or price volatility that can accompany highly-ranked homes.

Frequently Asked Questions

1. What does "around average" in these rankings really mean for me?
It means the home’s key characteristics (size, value, age, lot) are typical for Chancellor Drive and Waverley Heights. You’re not buying the biggest, newest, or most valuable house on the block, but you’re also not buying the smallest or oldest. It indicates a property that aligns with local norms.

2. The assessed value ranks lower citywide (41%) than in the neighborhood (56%). Is that a concern?
Not necessarily. It primarily reflects that assessed values in this specific area are clustered closely together. The home’s assessed value is very close to the street average ($389.8k) and the city average ($390.1k), suggesting the assessment is in line with broader market valuations.

3. The home was built in 1976. How does its age compare?
It’s slightly older than the average home on its street (avg. 1978) and in its neighborhood (avg. 1978), but newer than the citywide average (avg. 1966). This suggests the immediate area is comprised of similar vintage homes, so major systems like roofs and windows in the neighborhood are likely reaching similar stages in their lifecycles.

4. Is the lot size a pro or a con?
At 5,232 sqft, the lot is slightly smaller than the neighborhood average but offers a standard suburban yard. It ranks better on its own street (63%), meaning lots on Chancellor Drive are generally of a similar, manageable scale. It’s sufficient for gardening and recreation without the maintenance demands of a much larger plot.

5. Who would this property NOT be ideal for?
It may not suit a buyer seeking a premium "top-tier" property with above-average stats in every category, or an investor looking for a undervalued "diamond in the rough" with clear upside from being an outlier. It’s a home for those who value community consistency over standout individual metrics.

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