15 Lakepointe Road

Waverley Heights, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Smaller but newer than most nearby homes

832 sqft (bottom 6%) · Built in 1978

Located in a high-income area with median household income of ~104k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 3 parks nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 59%Chinese · 10%

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

62.7 is composed by the two sections below.

Property Score

47.7Low
Living Area832 sqft32Low
Year Built197867Good
Lot Size6,125 sqft81Excellent
Neighbourhood Sales Activity59Fair

Community Score

85.3Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110976

Community deep dive

$104K

Median household income

$125K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

13%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)567
Labour force participation rate69%
Median age40.8
Avg household size3.0
Unemployment rate8%
Population density2362 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households13%
Couple families with children37%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority31%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

below average
832 sqft
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideBottom 11%
Same street · Lakepointe Road
#21 / 21
Bottom 1% · Avg 1,169 sqft
Same area · Waverley Heights
#1,529 / 1,633
Bottom 6% · Avg 1,239 sqft
Citywide · Winnipeg
#172,544 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetTop 38%Same areaTop 43%CitywideTop 36%
Same street · Lakepointe Road
#8 / 21
Top 38% · Avg 404.1k
Same area · Waverley Heights
#705 / 1,633
Top 43% · Avg 398.1k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
1978
0255075100
Same streetTop 5%Same areaTop 18%CitywideTop 35%

Lot Size

above average
6,125 sqft
0255075100
Same streetBottom 38%Same areaTop 41%CitywideTop 28%

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

15 Lakepointe Road — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 209 m), 3 parks (nearest 141 m).

Search radius
🏫Education2
🌳Parks3

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 2/2022CA$350k–400k
Sold price

Same street

Top 33%

Same area

Top 33%

City-wide

Top 40%

Related homes

Highlights & common questions: 15 Lakepointe Road, Winnipeg

Property Overview: 15 Lakepointe Road

Key Characteristics & Appeal

This 832 sqft bungalow, built in 1978, sits on a 6,125 sqft lot in Waverley Heights. Its primary appeal lies in its efficient scale and solid positional value within a desirable neighborhood. While the living area is notably compact compared to most homes on its street and in Winnipeg overall, this is balanced by an assessed value that aligns with local averages. The home is one of the newest on its block, a less obvious advantage that can suggest updated core systems or a longer maintenance runway.

This property would suit specific buyers perfectly: downsizers seeking minimal upkeep without leaving a prime area, first-time buyers prioritizing location and lot size over interior square footage, or investors looking for a stable, income-producing asset in a high-demand neighborhood. It represents an opportunity to enter a well-regarded community at a potentially accessible price point, with the value anchored in the land and location rather than expansive living space.

Frequently Asked Questions

Q: The home seems small. Is it a viable long-term family home?
A: Its size is efficient, best suited for individuals, couples, or small families. Its long-term viability depends heavily on your space needs and layout preferences. The generous lot does offer potential for future expansion, subject to approvals.

Q: The assessed value is around average, but the house is smaller. What does that indicate?
A: This typically reflects the high value of the location and lot. The assessment suggests the market places significant value on being in Waverley Heights and on this specific street, even for a more compact home.

Q: Being the newest home on the street is mentioned. What are the practical benefits?
A: While not a guarantee, a newer build year (1978 vs. older neighborhood averages) can often mean newer electrical, plumbing, and foundational standards for its era, potentially reducing near-term major system upgrades.

Q: How does the lot size compare, and what are the implications?
A: The lot is slightly smaller than the street average but larger than the neighborhood average. It provides ample outdoor space for gardening, recreation, or storage, and is a positive contributing factor to the property's overall value.

Q: Are these rankings based on recent sales or municipal data?
A: The rankings are based on comparative municipal assessment data (for value, size, year built) across defined areas. They provide a snapshot of how this property compares to its peers, but do not replace current market analysis for pricing.

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.