Property score
61.8
Fair
Overall 61.8 · Smaller and older than most nearby homes
1,067 sqft (bottom 29%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~64.5k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 8 healthcare facilitys, 2 parks, and 1 bank/ATM nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 41%Chinese · 30%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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61.8 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: #46111254
$65K
Median household income
$81K
Average household income
28%
Low income (LIM-AT)
0.3
Income inequality (Gini)
7.8
P90 / P10 ratio
24%
Single-person households
18%
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
1707 Chancellor Drive — 19 amenities found within 500 m, across 5 categories, including 7 dining (nearest 70 m), 8 healthcare (nearest 256 m), 2 parks (nearest 291 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 29% | Bottom 31% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 1707 Chancellor Drive in Waverley Heights presents a balanced offering with one standout feature. Its living space of 1,067 sq ft is practical and aligns closely with the averages for both the street and the wider Winnipeg area. Built in 1974, it is typical for its neighbourhood, suggesting a well-established streetscape. The municipal tax assessment is also in line with local norms. The property’s primary advantage is its generous 6,936 sq ft lot, which is significantly larger than most on its street and in the community, offering ample outdoor space and potential.
The appeal here lies in securing a home with a substantial yard in a mature neighbourhood, without a premium price tag reflected in its assessment. It suits first-time buyers or downsizers looking for a manageable interior size paired with valuable outdoor room for gardening, play, or future expansion. It’s a pragmatic choice for those who value land over a large footprint, in a setting where home values are consistent and predictable.
Frequently Asked Questions
1. Is the living space smaller than average?
While the home’s interior is slightly below the Waverley Heights average, it is very close to the average for Chancellor Drive itself and is a typical size for many Winnipeg homes. It represents a efficient, manageable layout.
2. What does the above-average land size mean for me?
The lot is over 1,500 sq ft larger than the street average, offering more privacy, space for sheds or decks, and room for landscaping. It’s a feature that adds long-term value and flexibility that is harder to find in newer subdivisions.
3. How might the 1974 build year affect the home?
As a home from the 1970s, buyers should budget for updates to major aging components like the roof, windows, or furnace. A thorough inspection is essential. On the positive side, homes of this era often feature solid construction and simpler, functional layouts.
4. The tax assessment seems average. Is that good?
Yes. An assessment that aligns closely with neighbourhood averages suggests the property is fairly valued by the city, not over-assessed, and is in a stable area without extreme valuation swings. It provides a reliable benchmark.
5. Who would this property not suit as well?
Buyers seeking a modern, move-in-ready home with no renovation projects, or those who prioritize a large interior floor plan over outdoor space, might find better options elsewhere. It’s ideal for those who see potential in the land and a solid, classic home.
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