Property score
66.1
Good
Overall 66.1 · Compared with neighbourhood average
1,152 sqft (top 49%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~83k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 healthcare facilitys, 1 park, and 1 fuel station nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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
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66.1 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
142 Lake Village Road — 12 amenities found within 500 m, across 5 categories, including 7 dining (nearest 377 m), 2 healthcare (nearest 373 m), 1 parks (nearest 399 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 20% | Bottom 43% | Bottom 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 7% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 142 Lake Village Road, Waverley Heights
Key Characteristics & Appeal
This 1977-built home in Waverley Heights presents a compelling case for value-conscious buyers seeking space and established community charm. Its primary appeal lies in its strong positioning on its specific street, Lake Village Road. With 1,152 sqft of living area, it sits comfortably above the street average, offering more interior space than most of its immediate neighbors. This is complemented by a land area of 4,734 sqft, which is notably larger than the street norm, providing generous outdoor space for a home of this vintage.
The property’s assessed value of $313k is strategically positioned: it is very close to the average for Lake Village Road, yet sits meaningfully below the wider neighborhood average. This suggests you are acquiring a home that is competitively priced within its immediate micro-market, while potentially offering an entry point into the broader, typically more expensive, Waverley Heights area. It suits first-time buyers, downsizers, or pragmatic investors who prioritize a well-sized lot and functional living space in a mature neighborhood over a newer build or a premium neighborhood address. A thoughtful perspective is that this home represents a "street standout" in key metrics, offering a relative sense of space and value on its own block, which can be a more daily tangible benefit than city-wide comparisons.
Frequently Asked Questions
1. Is this home a good value compared to others in Waverley Heights?
Based on assessed value, this property is priced below the neighborhood average, while offering above-average living space for its own street. This indicates a potentially favorable value proposition within the area.
2. How does the lot size compare?
The lot is 4,734 sqft, which is significantly larger than the average lot on Lake Village Road. However, it is below the average lot size for the wider Waverley Heights neighborhood. This means you get a sizable yard for the street, but not necessarily the largest in the broader area.
3. What does the year built (1977) tell me?
The home was built in 1977, which is typical for its street and neighborhood. This places it in an era of well-established construction standards and neighborhood maturity, but buyers should anticipate maintenance and updates consistent with a home of this age.
4. Why is the living area ranking so different from street to city level?
The living area is above average for Lake Village Road but around average city-wide. This highlights that homes on this specific street tend to be more compact, making this property a spacious option in its immediate context, even if it’s not unusually large for Winnipeg as a whole.
5. Where does the assessed value rank city-wide?
City-wide, the assessed value ranks around average (Top 67%). This reinforces that the home is priced within a common market bracket for Winnipeg, with its primary value advantages being more apparent at the hyper-local street and neighborhood level.
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