1739 Chancellor Drive

Waverley Heights, Winnipeg

Property score

71.2

Good

Overall 71.2 · Larger but older than most nearby homes

1,456 sqft (top 20%) · 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 · 3-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 1 school, 8 healthcare facilitys, and 2 parks nearby

Living Area

Above average

18% larger 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

71.2 is composed by the two sections below.

Property Score

74.1Good
Living Area1,456 sqft75Good
Year Built197458Fair
Lot Size10,761 sqft97Excellent
Neighbourhood Sales Activity59Fair

Community Score

66.8Good
Household Income66Good
Education Level91Excellent
Housing Stress20Low
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: #46111254

Community deep dive

$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

Population, labour & age

Population (2021)2,340
Labour force participation rate65%
Median age29.6
Avg household size2.5
Unemployment rate11%
Population density3000 / km²

Households & income

Low income (LIM-AT, % pop.)28%
Single-person households24%
Couple families with children18%
Median household income (2020)$65K

Housing

Renter households46%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority68%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 40%
Mother tongue (2nd)Chinese · 29%

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

Rankings

Living Area

above average
1,456 sqft
0255075100
Same streetTop 17%Same areaTop 20%CitywideTop 33%
Same street · Chancellor Drive
#52 / 305
Top 17% · Avg 1,220 sqft
Same area · Waverley Heights
#328 / 1,633
Top 20% · Avg 1,239 sqft
Citywide · Winnipeg
#64,042 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
452k
0255075100
Same streetTop 9%Same areaTop 19%CitywideTop 28%
Same street · Chancellor Drive
#26 / 305
Top 9% · Avg 389.8k
Same area · Waverley Heights
#316 / 1,633
Top 19% · Avg 398.1k
Citywide · Winnipeg
#54,496 / 194,458
Top 28% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetBottom 18%Same areaBottom 7%CitywideTop 42%

Lot Size

Elite
10,761 sqft
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 5%

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

1739 Chancellor Drive — 19 amenities found within 500 m, across 5 categories, including 7 dining (nearest 120 m), 1 education (nearest 464 m), 8 healthcare (nearest 162 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare8
🌳Parks2
🏦Finance1

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 11/2021CA$450k–500k
Sold price

Same street

Top 7%

Same area

Top 11%

City-wide

Top 20%
Sold 10/2017CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 28%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 1739 Chancellor Drive, Winnipeg

Property Overview: 1739 Chancellor Drive, Waverley Heights

Key Characteristics & Appeal

This home on Chancellor Drive presents a compelling mix of space, location, and value. Its most standout feature is the exceptionally large, approximately 10,761 sqft lot, which ranks in the top 5% of comparable properties citywide. This offers rare potential for gardening, expansion, or simply enjoying generous private outdoor space in a well-established neighborhood.

The living area (1,456 sqft) is comfortably above average for both the street and the Waverley Heights area, providing ample room. The assessed value of $452k sits notably above local averages, suggesting a premium valuation for the property's specific attributes. Built in 1974, the home is slightly older than most on its immediate street, which may indicate a need for updates but also reflects the mature character of the area.

The appeal lies in securing a property with a truly elite-sized lot in a desirable neighborhood, coupled with above-average interior space. It would suit buyers prioritizing land size over a newer build—ideal for those seeking a long-term family home with room to grow, or value-conscious investors who see potential in the substantial lot. It’s a property for someone who views the land itself as a primary asset.

Frequently Asked Questions

1. Why is the assessed value significantly higher than the street and neighborhood averages?
The assessed value reflects the property’s specific characteristics, most notably its very large lot size, which is a major driver of value. It also considers the above-average living area, indicating the municipality views these combined features as commanding a premium.

2. The home was built in 1974. Should I be concerned about major systems?
While the build year is older than many on the street, it is around the citywide average. This is typical for mature Winnipeg neighborhoods. A thorough inspection is always recommended to assess the condition of the roof, foundation, plumbing, electrical, and HVAC systems, which may be nearing or past their typical lifespans.

3. What does the lot size ranking actually mean for me?
Ranking in the top 5% citywide for lot size means you are getting a property attribute that is increasingly rare. It translates to more privacy, landscaping possibilities, and potential for future additions like a deck, garage, or garden suite (subject to zoning bylaws).

4. How does this property compare to others in Waverley Heights?
It holds a strong position within Waverley Heights, ranking above average for both living area and assessed value. Its lot size is elite for the neighborhood (top 3%). However, it is one of the older homes in this specific area, so its condition and updates will be key compared to newer builds nearby.

5. Are the property taxes likely to be higher because of the high assessment?
Generally, yes. Property taxes are calculated using the assessed value. With an assessment well above local averages, you should budget for a correspondingly higher tax bill compared to neighboring homes with smaller lots and lower assessments.

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