Property score
67.4
Good
Overall 67.4 · Smaller but newer than most nearby homes
1,040 sqft (bottom 28%) · Built in 1978
Located in a above-average income area with median household income of ~87k
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 · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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67.4 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: #46110979
$87K
Median household income
$96K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
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
1929 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 216 m), 1 healthcare (nearest 473 m), 2 parks (nearest 191 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 23% | Top 27% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1929 Chancellor Drive, Waverley Heights
Key Characteristics & Appeal
This 1978-built home on Chancellor Drive presents a solid, value-conscious opportunity in Winnipeg’s Waverley Heights neighborhood. With 1,040 sqft of living space, it is slightly more compact than many homes on its street and in the area, which can mean lower utility costs and less maintenance. Its standout feature is the 6,072 sqft lot, which is larger than most on the block and provides generous outdoor space for gardening, play, or expansion.
The home’s assessed value of $414k ranks well above the street average, suggesting it is perceived as a higher-quality or better-maintained property within its immediate context. This creates an interesting dynamic: you’re acquiring a home that stands out on its street for value, yet sits on a larger-than-average parcel of land. It suits practical buyers looking for a established neighborhood character, who prioritize lot size over interior square footage, and who see potential in a property that already holds strong assessed value relative to its peers. It’s a fit for those who want room to breathe outdoors without moving to the city's outskirts.
Frequently Asked Questions
1. Is the living area smaller than average?
Yes. At 1,040 sqft, the home is smaller than the average for Chancellor Drive (1,220 sqft) and the Waverley Heights neighborhood (1,239 sqft). This indicates a more efficient or compact layout.
2. Why is the assessed value higher than the street average?
A higher assessed value compared to neighbors often reflects factors like superior condition, updates, a premium lot, or favorable features. It suggests the municipality views this property as one of the higher-caliber homes on the block.
3. How does the lot size compare?
The lot is a key advantage. At over 6,000 sqft, it is larger than most lots on Chancellor Drive and in the neighborhood, offering more private outdoor space.
4. What does the "Above Average" year built ranking mean?
Built in 1978, this home is newer than many on its street and in the neighborhood. In an area with similar vintage homes, this can sometimes indicate slightly newer construction materials or systems.
5. Who would this property best suit?
It’s ideal for buyers who value a large yard and a well-regarded property on its street, and who are comfortable with a cozier interior footprint. It may also appeal to those considering future expansions, where the lot size is a major asset.
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