Property score
67.6
Good
Overall 67.6 · Smaller but newer than most nearby homes
1,040 sqft (bottom 28%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
16% 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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67.6 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
1925 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 244 m), 1 healthcare (nearest 485 m), 2 parks (nearest 155 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 37% | Bottom 39% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 1925 Chancellor Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home at 1925 Chancellor Drive presents a solid, grounded opportunity in the Waverley Heights neighborhood. Built in 1978, its construction year is a notable advantage, ranking it among the newer homes on its street and in the broader area. This suggests potentially fewer immediate concerns with aging infrastructure compared to older peers.
With 1,040 sqft of living space and a 5,652 sqft lot, the property sits comfortably around the average for its immediate surroundings, offering a manageable scale without feeling cramped. Its assessed value is consistently aligned with local averages, indicating a fair market positioning without premium pricing.
The appeal here lies in its established neighborhood context and relative modernity. It suits practical buyers—perhaps first-time homeowners, downsizers, or investors—who value a move-in-ready canvas in a mature area. It’s not the largest or most valuable property on the block, but its newer vintage and proportional size offer a balanced, low-drama entry into a stable community. A thoughtful perspective is that this home represents the "reliable middle" of its market segment: it avoids the risks and costs associated with much older homes while providing a affordable footprint for customization.
Section 2: Frequently Asked Questions
1. Is the living space smaller than average?
Yes, but context matters. The home’s living area is slightly below the neighborhood average but is very close to the average for Chancellor Drive itself. This often translates to a more efficient layout and lower utility costs, which can be a benefit for many.
2. What does the "newer" 1978 build year actually mean for me?
While still a 45+ year-old home, it ranks in the top 6% on its street for year built. In practical terms, this likely means major components like electrical, plumbing, and roofing may have been updated more recently than in many neighboring houses, potentially deferring some major renovation costs.
3. How does the assessed value compare?
The assessed value of $383k is very close to the street and neighborhood averages. This suggests the property is priced in line with its community, not overvalued, which can provide confidence in its market stability and fairness for property taxes.
4. Is the lot size a good fit?
At just over 5,600 sqft, the lot is typical for the street and area. It provides ample backyard space for gardening or recreation without the extensive maintenance demands of a much larger parcel.
5. Who would this property suit best?
This home is an excellent fit for buyers seeking an established neighborhood without the premium for a top-tier, recently renovated property. It’s ideal for those who see value in a home that is newer than most on the block and are comfortable with a standard-sized lot and living area, viewing it as a sound foundation for the future.
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