Property score
77.4
Good
Overall 77.4 · Larger but older than most nearby homes
1,325 sqft (top 28%) · 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, 3 parks, and 1 place of worship nearby
Living Area
Above average
7% larger 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)
627
415k
$333/sqft
1978
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77.4 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: #46110974
$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
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
1484 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 174 m), 3 parks (nearest 291 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 9% | Top 14% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 1484 Chancellor Drive, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home on Chancellor Drive presents a compelling blend of space, value, and location. Its key appeal lies in its strong standing within its immediate surroundings. The 1,325 sqft living area is notably above average for both the street and the wider Waverley Heights neighborhood, offering more interior space than many comparable local homes. This is paired with a generous 6,048 sqft lot, providing ample outdoor space relative to the area.
The home’s assessed value of $437K ranks highly on its street (top 13%), suggesting it is perceived as a premium property in this specific locale. Built in 1976, it is typical for the street but is actually one of the older homes in the Waverley Heights neighborhood, which may indicate a more established streetscape or potential for updates that personalize the space.
This property would ideally suit buyers looking for a home that outperforms its neighborhood averages in terms of living space and lot size, offering a sense of value within a desirable setting. It’s a strong choice for those who prioritize space over a newer build and appreciate a home with a proven value footprint on a mature street.
Section 2: Frequently Asked Questions
Q: How does this home’s value compare to others in Winnipeg?
A: The assessed value is above average for its street and neighborhood, but sits close to the overall city average for comparable homes. This indicates you are paying a premium for the specific Chancellor Drive/Waverley Heights location rather than for citywide square footage.
Q: Is the 1976 build date a concern?
A: The year built is typical for Chancellor Drive but is below the neighborhood average. This doesn’t inherently indicate condition, but it does mean prospective buyers should pay particular attention to the age and state of major systems (roof, windows, HVAC) and consider if the home’s layout or style aligns with their tastes, which may differ from newer builds in the area.
Q: What does the "above average" living area ranking mean practically?
A: It means you are getting more interior space than approximately 73-77% of similar homes on this street and in this neighborhood. For daily living, this translates to potentially larger rooms, more storage, or a more flexible floor plan than many other available options in the immediate area.
Q: The lot size is above average on the street but only average in the neighborhood. Why is that?
A: This suggests that Chancellor Drive itself tends to have slightly smaller lots than the broader Waverley Heights area. This property’s lot is therefore a standout on its own street but is more typical when compared to the entire neighborhood. It still offers a substantial outdoor space.
Q: Are these rankings based on recent sales or government assessments?
A: These rankings are based on the municipal assessed value and available property data for comparable homes, not recent sale prices. The assessment is a key metric for property taxes and official valuation, but a market appraisal and recent comparable sales should be consulted to determine current fair market value.
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