17 Shearwater Bay

Waverley Heights, Winnipeg

Property score

64.1

Fair

Overall 64.1 · Smaller but newer than most nearby homes

1,035 sqft (bottom 24%) · Built in 1979 (1 yr newer than avg)

Located in a high-income area with median household income of ~106k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 60%Chinese · 7%

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

64.1 is composed by the two sections below.

Property Score

55.5Fair
Living Area1,035 sqft52Fair
Year Built197967Good
Lot Size4,303 sqft53Fair
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

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: #46110977

Community deep dive

$106K

Median household income

$112K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

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

Rankings

Living Area

around average
1,035 sqft
0255075100
Same streetBottom 41%Same areaBottom 24%CitywideBottom 30%
Same street · Shearwater Bay
#13 / 22
Bottom 41% · Avg 1,147 sqft
Same area · Waverley Heights
#1,242 / 1,633
Bottom 24% · Avg 1,239 sqft
Citywide · Winnipeg
#136,883 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
339k
0255075100
Same streetTop 36%Same areaBottom 26%CitywideBottom 42%
Same street · Shearwater Bay
#8 / 22
Top 36% · Avg 336.5k
Same area · Waverley Heights
#1,212 / 1,633
Bottom 26% · Avg 398.1k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Year Built

Elite
1979
0255075100
Same streetTop 5%Same areaTop 12%CitywideTop 34%

Lot Size

around average
4,303 sqft
0255075100
Same streetTop 32%Same areaBottom 23%CitywideBottom 31%

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

17 Shearwater Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 394 m), 1 parks (nearest 219 m).

Search radius
🏫Education1
🌳Parks1

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 9/2019CA$250k–300k
Sold price

Same street

Bottom 42%

Same area

Bottom 18%

City-wide

Bottom 32%
Sold 9/2016CA$250k–300k
Sold price

Same street

Top 42%

Same area

Bottom 24%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 17 Shearwater Bay, Winnipeg

Property Overview

This home at 17 Shearwater Bay presents a balanced offering in Winnipeg's Waverley Heights community. With 1,035 sqft of living space, it sits close to the average for its immediate street but is notably more compact compared to the broader neighborhood average. Its key financial characteristic is a municipal assessed value of $339,000, which is very typical for Shearwater Bay street itself but positions it below the average for both the community and the city, potentially indicating a value opportunity. The 1979 build year is a standout feature, ranking it as one of the newest homes on its street. The lot size of 4,303 sqft is generous for the street but smaller than the community norm.

Who It Appeals To & Key Characteristics

The appeal of this property lies in its relative modernity within a well-established setting and its straightforward, manageable scale. It suits first-time buyers or downsizers looking for a home that requires less upkeep than an older property, without the premium of a brand-new build. The below-average assessment for the area could be attractive to cost-conscious buyers mindful of both purchase price and potential property taxes, though this may also reflect the home's smaller size relative to the neighborhood.

A less obvious perspective is its positioning as a "street-typical" home in a community of larger properties. Buyers gain the benefits and prestige of the Waverley Heights address while maintaining a more modest and efficient footprint. It’s a practical entry point into the area. The lot, while smaller than the community average, is above average for the street, offering a good private outdoor space without being overwhelming to maintain.


Frequently Asked Questions

1. How does the home's size compare to others nearby?
The living space is very close to the average for Shearwater Bay street itself. However, it is smaller than the typical home in the wider Waverley Heights community, making it a more compact option in the area.

2. What does the assessed value tell us?
The assessed value of $339,000 is near the average for the street and the city but is below the average for Waverley Heights. This can suggest a relatively favorable entry point into the community, but it's essential to view the home in person to understand how its condition and features align with this valuation.

3. Is a 1979-built home considered old?
In this context, no. For Shearwater Bay street, 1979 is the newest build year among comparable homes. It is also newer than the average home in both Winnipeg and this specific community, indicating a relatively modern construction for the area.

4. Is the lot a good size?
The lot is above average for Shearwater Bay street, providing decent outdoor space. It is, however, smaller than the typical lot in Waverley Heights as a whole. This translates to less yard maintenance than many neighborhood homes but also less expansive private grounds.

5. Where does this property rank overall in the area?
It presents a mix. It ranks highly for its modern build year. Its living space and lot size are very competitive on its own street but are more modest when compared to the entire Waverley Heights community. The assessed value is strong for the street but more moderate in the broader comparison.

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