1283 Chancellor Drive

Waverley Heights, Winnipeg

Property score

75.0

Good

Overall 75.0 · Larger but older than most nearby homes

1,604 sqft (top 13%) · Built in 1976 (2 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 56%Punjabi · 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

75.0 is composed by the two sections below.

Property Score

76.2Good
Living Area1,604 sqft83Excellent
Year Built197667Good
Lot Size5,497 sqft67Good
Neighbourhood Sales Activity59Fair

Community Score

73.2Good
Household Income78Good
Education Level82Excellent
Housing Stress42Low
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: #46110978

Community deep dive

$83K

Median household income

$79K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)1,089
Labour force participation rate64%
Median age33.2
Avg household size2.5
Unemployment rate9%
Population density457 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households56%
Condominium dwellings5%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority48%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 8%

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

Rankings

Living Area

above average
1,604 sqft
0255075100
Same streetTop 10%Same areaTop 13%CitywideTop 25%
Same street · Chancellor Drive
#29 / 305
Top 10% · Avg 1,220 sqft
Same area · Waverley Heights
#218 / 1,633
Top 13% · Avg 1,239 sqft
Citywide · Winnipeg
#48,919 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
436k
0255075100
Same streetTop 14%Same areaTop 27%CitywideTop 31%
Same street · Chancellor Drive
#43 / 305
Top 14% · Avg 389.8k
Same area · Waverley Heights
#436 / 1,633
Top 27% · Avg 398.1k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

around average
5,497 sqft
0255075100
Same streetBottom 43%Same areaBottom 35%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

1283 Chancellor Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 415 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 9/2020CA$350k–400k
Sold price

Same street

Top 34%

Same area

Top 33%

City-wide

Top 40%

Related homes

Highlights & common questions: 1283 Chancellor Drive, Winnipeg

Property Overview: 1283 Chancellor Drive, Waverley Heights

Key Characteristics & Appeal

This well-situated home on Chancellor Drive presents a compelling opportunity in Winnipeg’s Waverley Heights neighborhood. Its primary strength is its generous living space. At 1,604 sqft, the home is notably larger than most comparable properties on its street, in the neighborhood, and across the city, ranking within the top 25% citywide for size. This spaciousness is paired with an assessed value that is above average for the immediate street and neighborhood, suggesting a perceived quality and desirability that aligns with its physical footprint.

The appeal lies in its established, mature setting. Built in 1976, the home is typical for its street but is actually newer than many in the broader Waverley Heights area, offering a balance of classic construction and relative modernity. The lot size, at just under 5,500 sqft, is consistent with local expectations, providing ample outdoor space without excessive maintenance demands.

This property would suit buyers prioritizing interior space and a stable, above-average location over a brand-new build. It’s ideal for a growing family or anyone who values rooms with size and proportion that exceed current averages. The data suggests a home that is a strong performer within its immediate context—offering more house on a good street—rather than just another listing in the wider market.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $436k is above the average for both Chancellor Drive and the Waverley Heights neighborhood. This indicates it is valued higher than many surrounding properties, which often reflects factors like its larger living area, condition, or specific upgrades.

2. Is the living space significantly different from other homes?
Yes. With 1,604 sqft of living area, this home is substantially larger than the average comparable home on its street (1,220 sqft), in the neighborhood (1,239 sqft), and across Winnipeg (1,342 sqft). This is one of its most standout features.

3. The home was built in 1976. Is that older than the neighborhood average?
Interestingly, no. While 1976 is a typical build year for Chancellor Drive, the broader Waverley Heights neighborhood has an average build year of 1978, making this home slightly newer than many in the area.

4. What do the rankings (e.g., Top 10%, Top 13%) actually mean?
These percentile rankings show how this property compares to similar homes. For example, ranking in the Top 10% for living area on its street means 90% of comparable homes on Chancellor Drive are smaller. It’s a quick way to see where the property excels or is average against relevant benchmarks.

5. The lot size seems average. Is there room for expansion or landscaping?
The lot of 5,497 sqft is very close to the street and neighborhood averages. It provides a standard-sized yard for the area, suitable for gardening, recreation, or a potential deck or patio. It is not an exceptionally large lot, but is consistent with the community’s character.

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