19 Lake Albrin Bay

Waverley Heights, Winnipeg

Property score

68.9

Good

Overall 68.9 · Newer than most nearby homes

1,144 sqft (bottom 46%) · Built in 1979 (1 yr newer than avg)

Located in a high-income area with median household income of ~106k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 60%Chinese · 7%

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

68.9 is composed by the two sections below.

Property Score

63.4Fair
Living Area1,144 sqft60Fair
Year Built197967Good
Lot Size5,999 sqft74Good
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
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: #46110977

Community deep dive

$106K

Median household income

$112K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

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

Rankings

Living Area

around average
1,144 sqft
0255075100
Same streetBottom 43%Same areaBottom 46%CitywideBottom 44%
Same street · Lake Albrin Bay
#17 / 30
Bottom 43% · Avg 1,280 sqft
Same area · Waverley Heights
#884 / 1,633
Bottom 46% · Avg 1,239 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetTop 23%Same areaTop 22%CitywideTop 29%
Same street · Lake Albrin Bay
#7 / 30
Top 23% · Avg 426k
Same area · Waverley Heights
#360 / 1,633
Top 22% · Avg 398.1k
Citywide · Winnipeg
#56,208 / 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
5,999 sqft
0255075100
Same streetBottom 47%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

19 Lake Albrin Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 148 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 6/2020CA$350k–400k
Sold price

Same street

Bottom 40%

Same area

Top 46%

City-wide

Top 46%

Related homes

Highlights & common questions: 19 Lake Albrin Bay, Winnipeg

Property Overview

This home at 19 Lake Albrin Bay presents a compelling blend of established value and above-average positioning within its community. Built in 1979, it is newer than most comparable homes on its street and in the Waverley Heights neighborhood. With 1,144 sqft of living space, the interior size is consistent with local averages, but the property stands out for its assessed value, which ranks in the top quarter of the area. This suggests a well-maintained or favorably updated home relative to its peers. The lot size of 5,999 sqft is typical for the city but slightly smaller than the average on Lake Albrin Bay itself.

Its appeal lies in offering a move-in-ready, established home in a mature neighborhood, with the data indicating it already holds a premium in value assessment compared to surrounding properties. It would suit a buyer looking for a sound investment in a stable area—someone who prioritizes a home that has kept pace with or exceeded neighborhood standards over needing the largest square footage or lot on the block. A thoughtful perspective is that this property may offer the "sweet spot" of a newer build on an established street, potentially meaning fewer major age-related repairs in the near term compared to older neighbors, while still providing the character and maturity of the Waverley Heights area.


Frequently Asked Questions

Q: How does this home’s value compare to others nearby?
A: Its assessed value of $447k is above the average for Lake Albrin Bay ($426k) and the wider Waverley Heights neighborhood ($398.1k), placing it in the top 23% on its street. This indicates it is a higher-valued property in the area.

Q: Is the living space considered large for the neighborhood?
A: At 1,144 sqft, the living area is very close to the neighborhood average (1,239 sqft) and slightly below the street average (1,280 sqft). It provides typical space for the area, not an exceptionally large or small footprint.

Q: What does the "Year Built" ranking mean?
A: Built in 1979, this home is newer than 90% of comparable homes on Lake Albrin Bay (ranked #3 out of 30). In the broader neighborhood, it's newer than 88% of homes. This is a notably newer construction for this specific community.

Q: Is the lot size a standout feature?
A: The 5,999 sqft lot is around the city and neighborhood average. However, it is smaller than the typical lot on Lake Albrin Bay itself, where the average is 7,457 sqft. Outdoor space is consistent with Winnipeg norms but not a leading feature on this particular street.

Q: How should I interpret these rankings and averages?
A: They provide context against "comparable homes" in each scope (street, neighborhood, city). The data shows this property is strongest in its newer build date and higher assessed value, while its living and land area are comfortably within the typical range. This points to a quality-over-quantity scenario.

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