Property score
62.6
Fair
Overall 62.6 · Smaller but newer than most nearby homes
941 sqft (bottom 17%) · Built in 1978
Located in a above-average income area with median household income of ~73k
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
24% smaller 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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62.6 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
1477 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 221 m), 2 parks (nearest 351 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 36% | Top 36% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1477 Chancellor Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a clear value-oriented proposition in the established Waverley Heights neighborhood. Its key characteristic is its below-average living space (941 sqft), which places it in the smaller tier of homes on its street and within the wider community. This is balanced by a property tax assessment that is also below the local average, suggesting a potentially lower ongoing cost base relative to the area.
The appeal lies in this balance of entry-level space and cost within a mature area. The lot size is standard for the street, and a notable point is the home's build year (1978), which is newer than many comparable properties on Chancellor Drive. This could indicate updated core systems or a period of construction with modernized standards compared to older peers.
This property would best suit pragmatic first-time buyers or downsizers seeking a foothold in a stable neighborhood without a premium for excess square footage. It’s for those who prioritize location and lot over interior size, and who see the below-average metrics not as a drawback, but as an opportunity for a manageable mortgage and taxes, possibly with future renovation potential in mind.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes, at 941 sqft, the living area is notably smaller than the average home on this street and in the Waverley Heights community. It is a compact, efficient layout.
2. What does the below-average tax assessment mean for me?
While not a direct guarantee of your future property taxes, a lower assessed value typically correlates with a lower tax bill compared to higher-valued neighbors, all else being equal. It's a positive indicator for ongoing affordability.
3. The house was built in 1978. Should I be concerned about major issues?
A 1978 build is newer than many in the area, which can be an advantage. However, any home of this age will have components near or past their typical lifespan. A thorough inspection is essential to check the condition of the roof, windows, plumbing, and electrical systems.
4. How does the lot size compare?
At just over 5,800 sqft, the lot is very close to the average for Chancellor Drive. It provides a standard suburban yard space but is not considered particularly large or small within its immediate context.
5. The rankings show it's "below average" in several categories. Is this a bad buy?
Not necessarily. These rankings contextualize the property within the market. They highlight that this is not a large or premium-priced home for the area. For the right buyer, this translates to accessibility and value, offering a way into a neighborhood where larger, more expensive homes are the norm.
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.
