Property score
57.8
Fair
Overall 57.8 · Smaller but newer than most nearby homes
809 sqft (bottom 4%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 2 shops nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Above average
0 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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57.8 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: #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.
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
18 Sandy Lake Place — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 475 m), 2 education (nearest 217 m), 5 healthcare (nearest 423 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 42% | Bottom 24% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 18 Sandy Lake Place, Waverley Heights
Section 1: Key Characteristics & Appeal
This 809 sqft bungalow, built in 1978, presents a compelling case for value-focused buyers. Its primary appeal lies in a standout assessed value relative to its immediate street, where it ranks #1 out of 20 homes. This suggests a well-maintained or updated property that outperforms its direct neighbors in perceived market value, even though its living space is modest compared to area and city averages.
The home suits buyers prioritizing efficient living without excessive maintenance. Its smaller footprint translates to lower utility costs and less space to furnish and care for, which is ideal for first-time homeowners, downsizers, or investors. A thoughtful perspective is that while the lot size is smaller than the neighborhood norm, it offers a manageable yard—appealing for those who want outdoor space without the upkeep of a larger plot. The data indicates you’re acquiring a property that is a leader on its own street in terms of value and vintage, offering a sense of relative quality and stability in its micro-location.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 809 sqft, the home is below the average for the street, neighborhood, and city. It is best suited for individuals, couples, or small families who prioritize efficient design and lower operating costs over expansive square footage.
2. Why is the assessed value so high for the street?
Ranking #1 on the street for assessed value indicates that municipal assessment views this property favorably compared to its immediate neighbors. This can be due to factors like renovations, superior condition, or desirable lot features.
3. What does the "Year Built" ranking mean?
Ranking #1 on the street (Top 5%) for year built simply means it is one of the newer homes on Sandy Lake Place, with a build year equal to the street's average (1978). It indicates a relatively consistent age for homes on this block.
4. How does the lot size impact usability?
The 3,987 sqft lot is around average for the street but below the neighborhood average. It provides a defined outdoor space suitable for a patio, garden, or play area, but may not accommodate extensive additions or sprawling landscapes.
5. Is this a good investment compared to the wider area?
The data shows a interesting dynamic: a top-tier assessed value on its street, yet around-average value in the broader neighborhood and city. This could suggest potential for the home's value to be recognized more broadly, or it may reflect the premium for a well-kept home on a street with varying properties.
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