Property score
63.3
Fair
Overall 63.3 · Smaller and older than most nearby homes
944 sqft (bottom 17%) · Built in 1976 (2 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 57%Chinese · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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63.3 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: #46110973
$73K
Median household income
$83K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
P90 / P10 ratio
22%
Single-person households
28%
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
1413 Chancellor Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 419 m), 1 parks (nearest 388 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 | Top 14% | Top 19% | Top 28% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 33% | Top 39% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 26% | Bottom 39% |
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: 1413 Chancellor Drive, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated Waverley Heights home presents a practical opportunity in a mature neighborhood. Its key characteristic is a manageable 944 sqft living space, which is notably compact compared to averages on its street, in the area, and across Winnipeg. This positions the home as an efficient, lower-maintenance footprint.
The appeal lies in its balance. While the house itself is modest in size, it sits on a slightly larger-than-average lot for Chancellor Drive (over 6,000 sqft), offering valuable outdoor space and potential. The assessed value of $366k sits comfortably below the street and neighborhood averages, suggesting a relatively accessible entry point into the area. Built in 1976, the home is of a typical vintage for the community, implying established infrastructure and mature landscaping.
This property would best suit first-time buyers seeking a foothold in a stable neighborhood without the upkeep of a larger house, or downsizers looking to maintain a garden and storage space without the interior square footage. It’s a pragmatic choice for those who prioritize land value and location over expansive living areas, and who see potential in a home that offers room to grow outdoors rather than indoors.
Section 2: Frequently Asked Questions
1. Is the smaller living area a significant drawback?
It depends on your needs. The home is efficiently sized, which can mean lower utility costs and less upkeep. For buyers who value cozy, easy-to-maintain interiors and spend more time outdoors, it can be an advantage. However, those requiring multiple dedicated rooms or ample indoor entertaining space may find it limiting.
2. How does the assessed value impact my property taxes?
A below-average assessed value generally correlates with a below-average property tax bill relative to the immediate area. This can be a meaningful ongoing saving, making the cost of living in the neighborhood more affordable.
3. What does the lot size mean for me?
At over 6,000 sqft, the lot is a standout feature. It provides generous yard space for gardening, recreation, or pets. It also offers future potential for additions like a shed, deck, or even an expansion, subject to local zoning and permits.
4. Is a 1976-built home a concern?
Homes from this era are common in the neighborhood. While core systems like roof, windows, and plumbing may be due for updates or have been recently replaced, this is typical for the market. A thorough inspection is recommended to understand the condition of these components.
5. How does this home rank for investment potential?
The metrics suggest a "value" position within its immediate context. Its price point below street averages, combined with the desirable lot size, could offer solid long-term stability. Its appeal may be specific to buyers seeking smaller homes, which is a consistent, if niche, segment of the market.
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