1476 Chancellor Drive

Waverley Heights, Winnipeg

70.6

Good

Overall 70.6

Smaller and older than most nearby homes

1,072 sqft (bottom 30%)

Built in 1976 (2 yrs older than avg)

Located in a high-income area

with median household income of ~105k

Transit 86.0

3-min walk to transit with 4 nearby routes

Within 500m: 1 school, 2 parks, and 2 place of worships nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 65%Punjabi · 9%

Past 10 years Waverley Heights sales snapshot (~80% of all data)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

70.6 is composed by the two sections below.

Property Score

59.7Fair
Living Area1,072 sqft52Fair
Year Built197667Good
Lot Size6,048 sqft81Excellent
Neighbourhood Sales Activity59Fair

Community Score

86.9Excellent
Household Income87Excellent
Education Level100Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110974

Community deep dive

$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

Population, labour & age

Population (2021)408
Labour force participation rate66%
Median age38.4
Avg household size2.9
Unemployment rate11%
Population density3709 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households14%
Couple families with children39%
Median household income (2020)$105K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority34%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Punjabi · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,072 sqft
0255075100
Same streetBottom 33%Same areaBottom 30%CitywideBottom 36%
Same street · Chancellor Drive
#204 / 305
Bottom 33% · Avg 1,220 sqft
Same area · Waverley Heights
#1,136 / 1,633
Bottom 30% · Avg 1,239 sqft
Citywide · Winnipeg
#124,646 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
378k
0255075100
Same streetBottom 36%Same areaBottom 36%CitywideTop 44%
Same street · Chancellor Drive
#194 / 305
Bottom 36% · Avg 389.8k
Same area · Waverley Heights
#1,047 / 1,633
Bottom 36% · Avg 398.1k
Citywide · Winnipeg
#86,528 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetBottom 41%Same areaBottom 26%CitywideTop 39%

Lot Size

above average
6,048 sqft
0255075100
Same streetTop 27%Same areaTop 43%CitywideTop 30%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1476 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 207 m), 2 parks (nearest 303 m).

Search radius
🏫Education1
🌳Parks2
Worship2

Crime & Safety

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%

Sales History

Sold 6/2022CA$350k–400k
Sold price

Same street

Top 30%

Same area

Top 30%

City-wide

Top 35%

Related homes

Highlights & common questions: 1476 Chancellor Drive, Winnipeg

Property Overview: 1476 Chancellor Drive, Waverley Heights

Section 1: Key Characteristics & Appeal

This well-situated home in Waverley Heights presents a solid, average-sized living space of 1,072 sqft on a notably generous lot. Built in 1976, it is a characteristic example of the neighborhood's housing stock. The primary appeal lies in its balance and practicality. The lot size of over 6,000 sqft is a standout feature, ranking above average for both the street and city, offering valuable outdoor space and potential in a mature area. With an assessed value of $378k, it sits consistently around the average for its immediate street and neighborhood, suggesting it is priced in line with local norms rather than being an outlier.

This property would suit a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a established community, space around the home, and a price point that reflects market medians. Its appeal is not about being the largest or newest, but about offering a stable, proportional entry into a settled Winnipeg neighborhood. A thoughtful perspective is that a home ranking consistently "around average" in its immediate context can represent a lower-risk, predictable purchase, insulated from the extremes of over-improvement or under-provision.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
The living area is consistently around the local average. It is slightly smaller than the typical home on Chancellor Drive (1,220 sqft avg.) and in Waverley Heights (1,239 sqft avg.), but this is reflected in its assessed value positioning.

2. Is the lot size a significant feature?
Yes. The lot of 6,048 sqft is larger than most on its street (ranking in the top 27%) and above the city average for comparable homes. This provides more private outdoor space than many properties in the area.

3. What does the sold price history indicate?
Public records show it sold between $350k-$400k in June 2022, a price range that was in the top 30-35% of sales at that time for the area and city. For the exact sale price, you can request a manual lookup from the site.

4. Who might this property not suit?
Buyers seeking a move-in-ready, modern home with recent renovations or those who prioritize a very large interior square footage over lot size may find other properties more aligned with their needs.

5. How current and reliable is this data?
The assessed value, living area, and lot size are sourced from official property records. Sold price data is from public sources and is reasonably reliable, but for fully verified transaction history and exact figures, a manual lookup via the site is recommended, as MLS data is not displayed here.

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