Property score
58.4
Fair
Overall 58.4 · Smaller but newer than most nearby homes
780 sqft (bottom 1%) · Built in 1993 (15 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
37% smaller than neighborhood avg.
Taon ng Paggawa
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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58.4 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 na bahay (hindi 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: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
172 Gull Lake Road — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 288 m), 2 education (nearest 336 m), 5 healthcare (nearest 244 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 35% | Bottom 30% | Bottom 41% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 172 Gull Lake Road, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 172 Gull Lake Road presents a distinct profile defined by its balance of a newer build on a generous lot, paired with a compact living footprint. Built in 1993, it is notably newer than most homes in its immediate area, which often translates to modern construction standards and potentially fewer major upkeep concerns in the near term. The lot size of over 5,600 sq ft is well above average for Gull Lake Road, offering valuable outdoor space for gardening, recreation, or future expansion.
The primary characteristic is its efficient size. At 780 sq ft, the living space is significantly below the neighborhood and city averages. This positions the property not as a sprawling family home, but as a manageable, low-maintenance dwelling. Its appeal lies in this practicality: lower utility costs, easier upkeep, and a focused floor plan. The property tax assessment is close to the street and city averages, suggesting the municipal valuation aligns with its overall offering.
This home would best suit first-time buyers, downsizers, or investors seeking an entry point into the established Waverley Heights neighborhood without the burden of a large, aging property. It’s for those who prioritize a newer structure and private outdoor space over square footage, viewing the compact interior as a feature of simplicity rather than a limitation. A thoughtful perspective is that the below-average living area, combined with an above-average lot, creates a unique value proposition centered on land and potential, rather than finished interior space.
Section 2: Frequently Asked Questions
1. Is the 780 sq ft living area a concern?
It is the home's defining feature. It requires an efficient lifestyle and may not suit those needing multiple bedrooms or extensive living areas. However, it ensures lower maintenance and heating costs, appealing to those seeking simplicity.
2. What are the advantages of the 1993 build year?
Compared to the neighborhood average (1978), this home is 15 years newer. This likely means updated electrical wiring, plumbing, insulation standards, and roof longevity, potentially reducing immediate renovation costs.
3. How does the lot size compare, and what does it offer?
The lot is larger than most on Gull Lake Road, providing a notable private yard. For the right buyer, this outdoor space adds significant value, whether for leisure, pets, or as a long-term asset.
4. Why is the tax assessment close to average despite the smaller size?
The assessment reflects a combination of factors: the desirable lot, the newer construction, and the location. It indicates that the city's valuation sees offsetting value in the property's land and condition, not just its interior square footage.
5. Who is this property not for?
It is not ideal for growing families needing multiple bedrooms, individuals who frequently work from home and require dedicated office space, or buyers who prioritize spacious, open-concept interiors. It is a focused property for specific needs.
