Property score
80.2
Excellent
Overall 80.2 · Larger and newer than most nearby homes
1,824 sqft (top 7%) · 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, 1 shop, 3 parks, and 1 fuel station nearby
Living Area
Above average
47% 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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80.2 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
1489 Chancellor Drive — 7 amenities found within 500 m, across 5 categories, including 1 education (nearest 178 m), 1 shopping (nearest 476 m), 3 parks (nearest 337 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 30% | Bottom 32% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Top 48% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1489 Chancellor Drive, Waverley Heights
Key Characteristics & Appeal
This home at 1489 Chancellor Drive presents a compelling opportunity in the Waverley Heights neighborhood. Its primary strength is its generous 1,824 sqft of living space, which ranks within the top 5% of homes on its own street and top 7% within the neighborhood. This means it offers significantly more interior room than most comparable properties nearby, a major advantage for growing families or those who value spaciousness. Built in 1978, the home is newer than most on its street and aligns with the neighborhood's typical age, suggesting a well-established streetscape with mature landscaping.
The property sits on a 6,046 sqft lot, providing ample outdoor space that is above average citywide. With an assessed value of $434k, it sits above the street and neighborhood averages, indicating a perception of solid value relative to its immediate peers.
The appeal here is one of above-average space and a premium position on a desirable street. It suits buyers looking for a roomy, established home in a mature neighborhood, who prioritize interior square footage over a brand-new build. A thoughtful perspective is that while the home excels within its micro-location (the street), it becomes more "average" when zooming out to the whole city. This can be a positive, indicating you're buying into a strong, consistent area without an inflated city-wide premium.
Frequently Asked Questions
1. How does the living area compare to newer homes?
At 1,824 sqft, the living space is substantially larger than the Winnipeg average for comparable homes (1,342 sqft). You are likely getting more interior room than many newer builds in this price range, though the layout and style will reflect its 1978 vintage.
2. Is the assessed value a reliable indicator of the property tax?
The $434k assessment is the city's valuation for tax purposes. While property taxes are calculated using this figure, the final sale price may differ. The assessment does show the home is valued higher than most on its street, which can be a marker of desirability.
3. What does the "Top 5%" street ranking for living area actually mean?
It means that out of 305 comparable homes on Chancellor Drive, only 16 have a larger living area. This is a significant advantage on its own street, suggesting the home was built larger than its original neighbors or has been thoughtfully expanded.
4. The lot size ranking seems average. Should I be concerned?
Not at all. The lot is above the city average. The "average" ranking on the street and in the neighborhood simply means the lot is typical for Waverley Heights—a stable, established area where lot sizes are generally consistent and generous.
5. Does being built in 1978 mean there will be major updates needed?
The year built is typical for the area. While systems like the roof, windows, and HVAC may be due for updates or replacement based on their specific age and maintenance history, the data suggests the home is in line with the neighborhood's character and lifecycle. A thorough inspection is always recommended.
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