Property score
69.7
Good
Overall 69.7 · Older than most nearby homes
1,262 sqft (top 32%) · Built in 1974 (4 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 1 school, 8 healthcare facilitys, and 1 shop nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
4 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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69.7 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: #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
1654 Chancellor Drive — 24 amenities found within 500 m, across 7 categories, including 10 dining (nearest 187 m), 1 education (nearest 469 m), 8 healthcare (nearest 377 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 37% | Bottom 39% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1654 Chancellor Drive
Key Characteristics & Appeal
This home on Chancellor Drive in Waverley Heights presents a solid, middle-of-the-road opportunity in the Winnipeg market. Its primary appeal lies in its balance and established setting. The 1,262 sqft living space is notably above the average for its immediate street, offering more room than many direct neighbors. The lot size of 6,005 sqft is also generous for the area, providing good outdoor space.
The data reveals a nuanced position: while the home's size and lot are competitive, it is an older property on the street, built in 1974. This suggests it may be one of the original homes in the area, potentially sitting on a mature lot with well-established landscaping. Its assessed value aligns very closely with local averages at all levels, indicating the market views it fairly and without significant premium or discount.
This property would suit a practical buyer looking for a stable, no-surprises entry into a mature neighborhood. It’s ideal for someone who values space over a newer build and appreciates a home that is priced in line with its community, avoiding the premium often attached to fully renovated or newly built homes. It represents a classic "blank canvas" opportunity—a structurally sound home from the 1970s where value can be added through personal updates over time.
Frequently Asked Questions
Q: How does this home really compare to others in the area?
A: The data shows a mix. You get more living space than the typical home on Chancellor Drive, and a larger lot than most in the Waverley Heights neighborhood. However, it's an older build on the street, which is reflected in its assessment ranking for year built.
Q: Is the assessed value a good indicator of the likely selling price?
A: The assessed value of $392k is remarkably consistent with averages on the street, in the neighborhood, and across Winnipeg. This strong alignment suggests it's a reliable benchmark, though market conditions and the home's specific condition will ultimately determine the sale price.
Q: What does the "older" build year practically mean for me?
A: Built in 1974, this home is likely one of the originals in its part of the street. This can mean mature trees and a settled streetscape, but also that major components like the roof, windows, or mechanical systems may be at or beyond their typical lifespan and should be carefully inspected.
Q: Who would this property NOT be a good fit for?
A: It may not suit buyers seeking a modern, move-in-ready home without any projects, or those specifically looking for the newest construction in a subdivision. The value here is in the space and location, not in contemporary finishes or features.
Q: The rankings show "Top 44%" citywide for living area. Is that good?
A: Interestingly, yes. It means that for its type across all of Winnipeg, this home has more living space than 44% of comparable properties. It’s physically larger than a significant portion of the market, which is a subtle advantage not always apparent from the square footage alone.
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