Property score
77.3
Good
Overall 77.3 · Larger and newer than most nearby homes
1,683 sqft (top 11%) · Built in 1978
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: 1 school, and 1 park nearby
Living Area
Above average
36% larger than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 56%Punjabi · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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77.3 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: #46110978
$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
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 Swan Lake Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 310 m), 1 parks (nearest 304 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 | Top 40% | Top 13% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 18 Swan Lake Bay, Waverley Heights
Key Characteristics & Appeal
This home stands out for its generous proportions and established presence in a desirable location. At 1,683 sqft, the living space is significantly larger than most comparable homes on its street and in the wider Waverley Heights neighborhood. This is complemented by a substantial, private lot of nearly 9,000 sqft, which ranks in the top 10% of the area for land area. Built in 1978, the property is well-maintained and aligns with the typical age of homes in this mature, stable community.
The appeal lies in its above-average offering across key metrics. It presents a rare combination of larger interior space on a larger lot, which is uncommon in many established neighborhoods. The assessed value reflects this premium, ranking highly within its immediate surroundings. This isn't just a home that meets area standards—it exceeds them, offering more room to grow and privacy than most of its peers.
This property would ideally suit buyers looking for a established family home with room to breathe, who value space over a brand-new build. It’s perfect for those seeking a long-term home in a mature neighborhood where the lot size and living area provide tangible added value and potential that’s already reflected in its standing.
Frequently Asked Questions
Q: How does this home’s size compare to others nearby?
A: Very favorably. With 1,683 sqft of living area, it ranks in the top 7% on its own street and the top 11% in the Waverley Heights neighborhood, meaning it offers more interior space than the vast majority of similar local homes.
Q: Is the lot size a significant feature?
A: Yes. At 8,994 sqft, the lot is a key asset. It’s over 2,000 sqft larger than the street average and ranks in the top 9% for the neighborhood, offering exceptional outdoor space and privacy for the area.
Q: The home was built in 1978. What should I consider?
A: While the build year is typical for the area, it places the home in a period where major systems like the roof, windows, furnace, or electrical may be due for updates or have been recently modernized. An inspection is advised to clarify the condition and update history.
Q: The assessed value seems high for the street. Why?
A: The assessed value of $482k ranks #3 out of 46 on the street, reflecting its larger living area and significantly larger lot size compared to the street average. The assessment captures this premium in physical attributes.
Q: What does the ranking data tell me about the investment?
A: The data suggests you are purchasing a property that already performs in the top tier of its micro-market (street and neighborhood) for size and value. This can indicate a degree of built-in equity and stability, as the home’s key features are already recognized as superior within the local context.
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