65.5
Good
Property score
65.5
Good
Overall 65.5
Newer than most nearby homes
1,076 sqft (bottom 34%)
Built in 1978
Located in a above-average income area
with median household income of ~83k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 56%Punjabi · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.5 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: #46110978
$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
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
138 Swan Lake Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 480 m), 1 parks (nearest 188 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 13% | Bottom 44% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 138 Swan Lake Bay, Waverley Heights
Section 1: Key Characteristics & Appeal
This home at 138 Swan Lake Bay presents a solid, well-proportioned offering in the Waverley Heights neighborhood. Its key appeal lies in its balanced metrics and above-average lot size. With 1,076 sqft of living space and a 6,883 sqft lot, the property sits comfortably around the average for its immediate street but gains distinction at the neighborhood and city level for its generous land area, ranking in the top 25% locally. Built in 1978, it is slightly newer than many homes in the wider Winnipeg area.
The appeal here is one of consistency and potential. It’s a property that doesn’t stand out for extreme size or value, but rather for being a reliable entry in a stable setting. The assessed value of $400k is aligned with its street and neighborhood, suggesting a fair market position. This home would suit a first-time buyer or downsizer looking for a manageable footprint without compromising on outdoor space, or an investor seeking a property with fundamentals that track closely with area norms, minimizing unexpected premiums. A thoughtful perspective is that its "average" rankings across several categories can be a strength, indicating a lower risk of over-improvement for the area and a blank canvas for personalization.
Section 2: Frequently Asked Questions
1. Is the living space smaller than average?
Yes, but only slightly. At 1,076 sqft, it is modestly below the average for its immediate street (1,158 sqft) and neighborhood (1,239 sqft). This suggests a efficient, manageable layout.
2. How does the lot size compare?
This is a standout feature. The 6,883 sqft lot is larger than approximately 75% of comparable properties in Waverley Heights and 82% city-wide, offering significant outdoor space relative to many homes.
3. What does the assessed value tell me?
The $400k assessment is very close to the averages on its street and in its neighborhood, indicating the property is valued consistently with its direct peers. It is assessed higher than the citywide average, reflecting its desirable neighborhood.
4. Is the home older or newer for the area?
Built in 1978, it is typical for its street and slightly newer than the Winnipeg average. Within Waverley Heights specifically, it ranks in the top 18%, meaning it is newer than most comparable homes in the neighborhood.
5. Are these rankings a good sign?
The rankings show a property with balanced, middle-of-the-road characteristics for its immediate location, with land size as a positive outlier. This pattern often indicates a stable, predictable property rather than one with extreme highs or lows.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
