Property score
59.5
Fair
Overall 59.5 · Smaller than most nearby homes
800 sqft (bottom 3%) · Built in 1977 (1 yr older than avg)
Located in a high-income area with median household income of ~105k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 65%Punjabi · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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59.5 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: #46110974
$105K
Median household income
$118K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
14%
Single-person households
39%
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
1330 Chancellor Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 342 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% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 2% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1330 Chancellor Drive, Waverley Heights
Key Characteristics & Appeal
This home presents a distinct value proposition within its established Waverley Heights neighborhood. Its primary characteristic is a below-average assessed value of $321k, which is notably lower than averages on its own street ($389.8k) and in the wider neighborhood ($398.1k). This is paired with a smaller, 800 sqft living area and a compact 3,287 sqft lot, both significantly below local and city averages.
The appeal lies in affordability and efficiency. It suits first-time buyers or investors seeking an entry point into a stable neighborhood without the premium price tag of larger homes on the same block. The home, built in 1977, is of a typical vintage for the area. A thoughtful perspective is that the smaller lot and home size translate to lower maintenance costs and less upkeep—an advantage for those seeking a simpler footprint or looking to minimize ongoing expenses. It’s a practical choice for someone who values location and financial accessibility over square footage, offering a chance to build equity in a well-ranked citywide area.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbors?
The assessed value is typically based on factors like living area, lot size, and building characteristics. This home’s significantly smaller size (800 sqft vs. a street average of 1,220 sqft) and smaller lot are the primary drivers of its lower valuation.
2. Is a smaller lot a disadvantage?
It depends on your priorities. While it offers less outdoor space for gardening or expansion, it also means less yard work and lower property taxes relative to land size. It can be a benefit for those seeking low-maintenance living.
3. How does the home’s age compare to others nearby?
Built in 1977, it is perfectly average for Chancellor Drive (avg. 1978) and the Waverley Heights neighborhood (avg. 1978). You can expect similar construction materials and potential renovation timelines as most homes on the block.
4. What do the ranking percentiles (e.g., Top 97%) mean?
A “Top 97%” rank for living area means the property’s square footage is in the bottom 3% for the neighborhood—it’s smaller than 97% of comparable homes. Conversely, a “Top 64%” for citywide value means its assessed value is higher than 64% of city comparables, indicating its valuation is more competitive on a citywide scale.
5. Who would this property not suit?
It would likely not suit buyers who need ample indoor space for a growing family, desire extensive outdoor privacy and room, or are looking for a home with values and sizes that are above-average for the immediate street.
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