Property score
71.2
Good
Overall 71.2 · Newer than most nearby homes
1,248 sqft (top 36%) · Built in 1978
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, 2 parks, and 2 place of worships nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
0 yrs newer 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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71.2 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
1465 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 265 m), 2 parks (nearest 371 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 10% | Bottom 19% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1465 Chancellor Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Waverley Heights presents a compelling blend of space, vintage, and value. Its 1,248 sqft living area is notably above average for Chancellor Drive itself, offering more interior space than most direct neighbors. Built in 1978, the home is newer than the vast majority on its street and in the wider neighborhood, suggesting potentially fewer immediate concerns with aging components compared to area peers.
The primary appeal lies in its positioning as a solid, above-average home on its specific street, but with a below-average assessed value relative to both the street and neighborhood. This disconnect can indicate an opportunity for value-conscious buyers, whether they are looking for a home with immediate equity potential or one where they can invest in updates over time. The lot size is standard for the area, providing typical outdoor space without excessive maintenance.
This property would suit first-time buyers or practical downsizers who prioritize space and a newer build year within a mature neighborhood. It’s also a sensible match for buyers who see potential in a home that may benefit from modernization, allowing them to add value in a well-established location.
Section 2: Frequently Asked Questions
Q: How does this home’s value compare to others nearby?
A: Its assessed value is below the average for both Chancellor Drive and the Waverley Heights neighborhood. This can sometimes reflect the home’s condition or specific features, but it also means you may be paying less for a home that is actually newer and has more living space than many on its street.
Q: Is the living space adequate for a growing family?
A: The living area is above the street average and on par with the neighborhood average. For a family, it provides a competitive amount of space for the immediate area, though it is slightly below the citywide average for comparable homes.
Q: What does the 1978 build year imply?
A: Built in 1978, this home is newer than most on its block and in the broader neighborhood. This is a positive, as major systems like electrical and plumbing may be from a more modern era than those in older area homes, though any specific updates should be verified.
Q: Is the lot size typical?
A: Yes. The land area is very close to the average for Chancellor Drive and is reasonably aligned with the neighborhood. It provides a standard suburban lot without being unusually large or small.
Q: Why is there a difference between its size/value rankings and its build year ranking?
A: This is a key detail. The home ranks very well for its newer build year but lower for its assessed value. This combination often points to a property that has strong foundational metrics (newer, good size) but where the valuation hasn’t caught up, possibly due to the condition of finishes or a lack of recent renovations. It highlights where the opportunity may lie for a buyer.
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