Property score
65.1
Good
Overall 65.1 · Smaller and older than most nearby homes
1,046 sqft (bottom 28%) · Built in 1976 (2 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 1 school, 7 healthcare facilitys, and 1 shop nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 62%Punjabi · 6%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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65.1 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: #46111191
$100K
Median household income
$98K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
Single-person households
26%
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
1622 Chancellor Drive — 22 amenities found within 500 m, across 8 categories, including 8 dining (nearest 283 m), 1 education (nearest 371 m), 7 healthcare (nearest 330 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 16% | Bottom 23% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1622 Chancellor Drive, Waverley Heights
Key Characteristics & Appeal
This 1976-built home on Chancellor Drive presents a solid, value-oriented opportunity in the Waverley Heights neighborhood. With 1,046 sqft of living space on a 5,828 sqft lot, its key strength lies in its financial positioning rather than its size. The home’s assessed value of $410k is notably above the street average, yet remains competitive within the broader neighborhood and city. This suggests a property that is well-maintained or has features that justify its valuation relative to immediate comparables.
Its appeal is grounded in practicality. The lot size is generous for the street, offering above-average outdoor space. While the living area is modest, it aligns with the established character of the area. This property would suit a first-time buyer or a downsizer looking for a stable, no-surprises entry into a mature neighborhood. It’s for a buyer who values a predictable investment—a home that holds its own on the block and doesn’t require catching up to area norms—over a flashy or expansive floor plan. A thoughtful perspective is that its "above-average for the street" valuation could signal lower future volatility, acting as an anchor in its immediate micro-market.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the listing or sale price?
An assessed value is for municipal tax purposes and is not a direct market appraisal. However, this home’s value ranking significantly higher than its neighbors on Chancellor Drive is a notable data point that can inform market expectations.
2. How does the age of the home (1976) impact a purchase?
Built in 1976, the home is slightly newer than the average on its street. This typical age for the area means major systems (roof, windows, furnace) may be due for updates, but you benefit from established infrastructure and mature landscaping.
3. The living space seems smaller than averages. Is it a concern?
At 1,046 sqft, the living area is functional but compact. It ranks well on its specific street, indicating the homes nearby are of a similar scale. This is typical for the era and emphasizes efficient use of space over sheer size.
4. What does the lot size mean for potential use?
The 5,828 sqft lot is larger than most on Chancellor Drive. This provides valuable extra outdoor space for gardening, recreation, or future additions like a shed or deck, which is a key advantage in a mature neighborhood.
5. How does this property rank within the wider city?
Citywide, this home sits comfortably around average for its key metrics—neither a standout nor an outlier. This indicates it is a very representative Winnipeg property, which can be positive for long-term resale and marketability.
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