18 Lake Albrin Bay

Waverley Heights, Winnipeg

71.3

Good

Overall 71.3

Larger and newer than most nearby homes

1,332 sqft (top 28%)

Built in 1979 (1 yr newer than avg)

Located in a above-average income area

with median household income of ~83k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 2 parks nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 56%Punjabi · 9%

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

71.3 is composed by the two sections below.

Property Score

70.0Good
Living Area1,332 sqft71Good
Year Built197967Good
Lot Size5,998 sqft74Good
Neighbourhood Sales Activity59Fair

Community Score

73.2Good
Household Income78Good
Education Level82Excellent
Housing Stress42Low
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: #46110978

Community deep dive

$83K

Median household income

$79K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)1,089
Labour force participation rate64%
Median age33.2
Avg household size2.5
Unemployment rate9%
Population density457 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households56%
Condominium dwellings5%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority48%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 8%

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

Rankings

Living Area

above average
1,332 sqft
0255075100
Same streetTop 33%Same areaTop 28%CitywideTop 40%
Same street · Lake Albrin Bay
#10 / 30
Top 33% · Avg 1,280 sqft
Same area · Waverley Heights
#450 / 1,633
Top 28% · Avg 1,239 sqft
Citywide · Winnipeg
#76,863 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
444k
0255075100
Same streetTop 33%Same areaTop 23%CitywideTop 29%
Same street · Lake Albrin Bay
#10 / 30
Top 33% · Avg 426k
Same area · Waverley Heights
#377 / 1,633
Top 23% · Avg 398.1k
Citywide · Winnipeg
#57,201 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetTop 10%Same areaTop 12%CitywideTop 34%

Lot Size

around average
5,998 sqft
0255075100
Same streetBottom 33%Same areaTop 49%CitywideTop 32%

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

18 Lake Albrin Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 117 m).

Search radius
🌳Parks2

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 1/2022CA$450k–500k
Sold price

Same street

Top 10%

Same area

Top 9%

City-wide

Top 18%

Related homes

Highlights & common questions: 18 Lake Albrin Bay, Winnipeg

Property Overview

This home at 18 Lake Albrin Bay presents a well-proportioned and established offering in the Waverley Heights neighborhood. Its primary appeal lies in its balanced, above-average positioning within a mature and desirable area, rather than in extreme size or luxury. Built in 1979, it is a newer home relative to others on its street and in the wider neighborhood, suggesting potentially fewer major age-related updates compared to area averages. With 1,332 sqft of living space and a 5,998 sqft lot, the property provides comfortable, practical space without excessive maintenance demands.

The key figures tell a story of consistent quality. The assessed value sits above average for both the neighborhood and the city, indicating recognized value in a good location. Meanwhile, the living area and lot size are generally on par with local norms, offering a standard that fits the community without standing out as unusually large or small. This combination suits buyers looking for a move-in-ready home in a prime neighborhood who prioritize a solid, established community over a brand-new build or a sprawling estate. It’s an ideal match for professionals, small families, or downsizers seeking a respected address with a manageable footprint and the benefits of a mature streetscape.


Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value of $444k is above the average for both the Waverley Heights neighborhood and the city of Winnipeg. On its own street, it ranks in the top third, indicating it is valued comparably to other well-regarded homes on Lake Albrin Bay.

2. Is the lot size typical for the area?
At just under 6,000 sqft, the lot is slightly smaller than the average for its immediate street but is very close to the neighborhood and city averages. It offers a standard suburban yard size, balancing outdoor space with manageable upkeep.

3. What does the year built tell us about the property?
Built in 1979, this home is newer than most on its street and in the top 12% for its neighborhood. This suggests it may have construction or design advantages over many older area homes, possibly requiring fewer major system updates.

4. Is the living space considered large?
At 1,332 sqft, the living area is slightly above the neighborhood average and typical for the city. It ranks solidly within the top third on its own street. This points to a comfortable, family-sized layout that aligns with community standards.

5. What is the main takeaway from all these rankings?
The data depicts a home that is consistently above or around average across key metrics for its desirable neighborhood. It doesn’t excel in any single extreme but offers a balanced, high-quality package. This reflects a property positioned for someone seeking a established home in a prime location without the premium or challenges of the largest or newest homes on the market.

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