Property score
59.9
Fair
Overall 59.9 · Smaller than most nearby homes
900 sqft (bottom 9%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~87k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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59.9 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: #46110979
$87K
Median household income
$96K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
Single-person households
31%
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
15 Lake Village Road — 5 amenities found within 500 m, across 5 categories, including 1 education (nearest 308 m), 1 healthcare (nearest 439 m), 1 shopping (nearest 470 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 1% | Bottom 2% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Lake Village Road, Waverley Heights
Section 1: Key Characteristics & Appeal
This 1977 home at 15 Lake Village Road presents a compelling, efficient package within the established Waverley Heights neighborhood. Its key appeal lies in its balance of above-average valuation on its own street with a manageable, lower-maintenance footprint.
The 900 sqft living area is typical for Lake Village Road but is notably smaller than the broader neighborhood and city averages, suggesting a cozy, easier-to-maintain interior. The 3,120 sqft lot follows a similar pattern: it's close to the street average but smaller than most in the area, reducing yard work. The home’s assessed value of $322K ranks highly on its street (Top 12%), indicating it is perceived as a premium property within its immediate peer group, yet it sits below the average value for the wider Waverley Heights area.
This property would suit first-time buyers, downsizers, or investors seeking a well-regarded entry point into a mature neighborhood without the upkeep of a larger house and yard. It offers the stability of a street where homes hold their value well, while the smaller scale translates to potentially lower utility costs and less ongoing maintenance—a practical choice for those prioritizing location and financial efficiency over sheer space.
Section 2: Frequently Asked Questions
1. Is the living area too small compared to other homes in Winnipeg?
While the living space is below the citywide average, it is very close to the average for Lake Village Road itself. This indicates the home is characteristic of its specific street, which may consist of similar, efficient designs.
2. Why is the assessed value so high for the street?
Ranking in the top 12% on its street for assessed value suggests this property may have features, condition, or positioning that is favorably viewed compared to its immediate neighbors, even with a smaller footprint.
3. What does the "below average" lot size mean for me?
The lot is smaller than most in Waverley Heights, which generally means less landscaping and exterior maintenance. It still provides reasonable outdoor space but may not be ideal for those dreaming of extensive gardens or large additions.
4. Is the 1977 build date a concern?
The year built is exactly the street average and typical for the neighborhood. Homes from this era are common in the area, so finding contractors familiar with their construction and potential renovation needs should be straightforward.
5. How should I interpret the different rankings for street, neighborhood, and city?
They provide context. This home is a strong performer on its specific street in terms of value. When compared to the wider, more affluent Waverley Heights area, it is a more modest, affordable option. This can be seen as finding a value-conscious home in a desirable broader location.
