Property score
59.7
Fair
Overall 59.7 · Smaller and older than most nearby homes
841 sqft (bottom 7%) · Built in 1976 (2 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
2 yrs older 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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59.7 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
151 Quincy Bay — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 371 m), 1 parks (nearest 397 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 43% | Top 33% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 841 sqft bungalow at 151 Quincy Bay, built in 1976, presents a specific value proposition within Winnipeg's Waverley Heights neighborhood. Its key characteristic is a noticeable contrast: the home itself is compact, with a living area significantly below averages for its street, neighborhood, and city. However, it sits on a 6,216 sqft lot that is above the citywide average, offering generous outdoor space uncommon for many city properties.
The appeal lies in this very balance. It is a competitively priced entry point into a well-established neighborhood, with an assessed value ($378k) that sits around the city and neighborhood averages. The large lot is a standout feature, providing ample room for gardening, expansion, or simply private outdoor enjoyment—a rarity for the price. This property would suit first-time buyers, downsizers seeking minimal interior upkeep but wanting garden space, or investors looking for a land-value play with a rentable existing structure. It’s for the practical buyer who sees potential in the land and location, not in the current home’s square footage.
Frequently Asked Questions
Q: The living area seems small. How does the layout work?
A: At 841 sqft, efficient use of space is key. Buyers should pay close attention to the floor plan to ensure it meets their needs, as the home's size is well below the local average. The value here is oriented more toward the land.
Q: What does the lot size actually mean for me?
A: The 6,216 sqft lot is larger than most in Winnipeg. This translates to significant backyard space, potential for additions (subject to permits), and more distance from neighbors compared to newer, denser subdivisions.
Q: The home was built in 1976. What should I be aware of?
A: While the building age is typical for the area, a thorough inspection is essential. Focus on the condition of major systems like roofing, plumbing, electrical, and the foundation, which may be nearing or past their typical lifespans.
Q: The assessed value is below the street average but near the city average. Is that good?
A: It suggests the property is priced for its current state, not for its address alone. You are effectively paying less than the street's typical homeowner for the same location, but the lower assessment reflects the smaller home. This can be an advantage for property taxes.
Q: Is this a good investment?
A: Its investment potential is likely tied to the land. The existing home provides rental income potential, but long-term value may depend on the possibility of future renovation or redevelopment, making it a more strategic, long-hold investment rather than a quick flip.
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