1957 Chancellor Drive

Waverley Heights, Winnipeg

Property score

75.0

Good

Overall 75.0 · Larger and newer than most nearby homes

1,468 sqft (top 20%) · Built in 1978

Located in a above-average income area with median household income of ~87k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 healthcare facility, and 2 parks nearby

Living Area

Above average

19% larger 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

75.0 is composed by the two sections below.

Property Score

72.4Good
Living Area75
1,468 sqftGood
Year Built67
1978Good
Lot Size74
5,960 sqftGood
Neighbourhood Sales Activity59
Fair

Community Score

79.0Good
Household Income79
Good
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110979

Community deep dive

$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

Population, labour & age

Population (2021)703
Labour force participation rate67%
Median age34.4
Avg household size2.9
Unemployment rate7%
Population density4393 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households18%
Couple families with children31%
Median household income (2020)$87K

Housing

Renter households14%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority58%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Punjabi · 15%

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

Rankings

Living Area

above average
1,468 sqft
0255075100
Same streetTop 17%Same areaTop 20%CitywideTop 32%
Same street · Chancellor Drive
#51 / 305
Top 17% · Avg 1,220 sqft
Same area · Waverley Heights
#320 / 1,633
Top 20% · Avg 1,239 sqft
Citywide · Winnipeg
#62,956 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
457k
0255075100
Same streetTop 7%Same areaTop 18%CitywideTop 27%
Same street · Chancellor Drive
#20 / 305
Top 7% · Avg 389.8k
Same area · Waverley Heights
#290 / 1,633
Top 18% · Avg 398.1k
Citywide · Winnipeg
#52,851 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 6%Same areaTop 18%CitywideTop 35%

Lot Size

around average
5,960 sqft
0255075100
Same streetTop 39%Same areaBottom 49%CitywideTop 34%

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

1957 Chancellor Drive — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 131 m), 1 healthcare (nearest 479 m), 2 parks (nearest 150 m).

Search radius
🏫Education2
🏥Healthcare1
🌳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

1957 Chancellor Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 1957 Chancellor Drive, Winnipeg

Property Overview: 1957 Chancellor Drive, Waverley Heights

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Waverley Heights presents a practical and comfortable living opportunity. Its key characteristics include a renovated basement, a detached garage, and a generous 5,960 sqft lot, which is notably larger than many in the immediate area. Built in 1978, the 1,468 sqft living space is comfortably above average for the street and neighbourhood.

The appeal lies in its established, quiet setting combined with solid fundamentals. The home occupies a desirable middle ground: it’s not the newest on the block, but its assessed value ranks in the top tier for the street, suggesting it is well-maintained and perceived as a solid asset. The renovated basement adds immediate functional space without the need for a project. This property would suit buyers looking for a move-in ready home in a mature neighbourhood without a premium price tag, particularly those who value a larger lot for privacy, gardening, or future expansion over a brand-new build. It’s a sensible choice for downsizers seeking single-level living or young families wanting space in a stable community.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specific details on finishes, layout, and whether it includes a legal suite or additional bedrooms should be verified with the selling agent during a viewing.

2. How does the assessed value compare to the likely selling price?
The assessed value is for municipal tax purposes and is typically lower than market value. Recent sale prices of the "Worth viewing" comparable properties listed (like 1408 Chancellor Dr. or 11 Lakeside Dr.) will provide a more accurate gauge of the current market.

3. Is the lot size a significant advantage?
Yes. At nearly 6,000 sqft, the lot is larger than over 60% of properties on the street. This offers more outdoor space, greater distance from neighbours, and potential for additions like a shed, deck, or garden that might not be possible on smaller lots.

4. What are the implications of the home being built in 1978?
Homes of this era may have original components, like windows, roof shingles, or major systems (furnace, electrical), that are nearing or past their typical lifespan. A thorough home inspection is recommended to understand the condition and plan for any future updates.

5. How does this neighbourhood compare to newer areas like Bridgwater Forest?
Waverley Heights is a mature neighbourhood with established trees and a settled feel. It typically offers better value in terms of lot size and living space per dollar than newer suburbs. The trade-off is often older home designs and potentially higher maintenance costs versus the modern layouts and newer components of a recent build.