Property score
55.4
Fair
Overall 55.4 · Smaller than most nearby homes
800 sqft (bottom 3%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~87k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 park nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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55.4 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 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: #46110979
$87K
Median household income
$96K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
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.
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
177 Lake Village Road — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 456 m), 1 education (nearest 403 m), 2 healthcare (nearest 456 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 17% | Bottom 10% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 177 Lake Village Road, Winnipeg
Section 1: Key Characteristics & Appeal
This 800 sqft bungalow, built in 1977, presents a specific and compelling value proposition. Its primary appeal lies in its position as a more affordable entry point into the desirable Waverley Heights neighborhood. While its living space and lot size (2,986 sqft) are notably below area averages, this translates to a lower assessed value ($298k) compared to nearby homes. This creates an opportunity for buyers seeking location over square footage.
The home would suit first-time buyers, downsizers, or investors looking for a manageable property in a well-regarded area without the premium price tag of a larger house. It’s a practical choice for those who prioritize community and accessibility over expansive indoor and outdoor space. A less obvious perspective is that a smaller, efficiently designed home on a modest lot can mean significantly lower utility costs, property taxes, and maintenance time, offering a different kind of luxury: simplicity and financial ease.
Section 2: Frequently Asked Questions
1. Is the smaller living area a concern?
The living area is compact at 800 sqft, ranking below averages for the street, neighborhood, and city. This suits a minimalist lifestyle or smaller household but requires thoughtful space planning.
2. How does the assessed value compare?
At $298,000, the assessment is below the local street average ($309.5k) and significantly below the wider neighborhood average ($398.1k). This suggests the price reflects the home’s smaller scale, not its location.
3. What does the lot size mean for me?
The lot is 2,986 sqft, which is smaller than most in the area. This means less yard maintenance but also limited space for large additions, pools, or extensive landscaping compared to neighbors.
4. Is the 1977 build date a positive?
On Lake Village Road, its 1977 build is newer than most (top 12%), suggesting potentially updated infrastructure compared to older street peers. For the wider city, it’s around the average age.
5. Who is this property not suited for?
It may not suit buyers needing multiple large bedrooms, dedicated home office spaces, or those who desire a large, private backyard for gardening or recreation, given the below-average dimensions.
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