1973 Chancellor Drive

Waverley Heights, Winnipeg

Property score

65.5

Good

Overall 65.5 · Newer than most nearby homes

1,077 sqft (bottom 34%) · Built in 1978

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

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

Living Area

Below average

13% 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

65.5 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,077 sqft52Fair
Year Built197867Good
Lot Size4,900 sqft60Fair
Neighbourhood Sales Activity59Fair

Community Score

79.0Good
Household Income79Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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

around average
1,077 sqft
0255075100
Same streetBottom 40%Same areaBottom 34%CitywideBottom 37%
Same street · Chancellor Drive
#183 / 305
Bottom 40% · Avg 1,220 sqft
Same area · Waverley Heights
#1,070 / 1,633
Bottom 34% · Avg 1,239 sqft
Citywide · Winnipeg
#123,075 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
401k
0255075100
Same streetTop 36%Same areaTop 49%CitywideTop 38%
Same street · Chancellor Drive
#111 / 305
Top 36% · Avg 389.8k
Same area · Waverley Heights
#796 / 1,633
Top 49% · Avg 398.1k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

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

Lot Size

around average
4,900 sqft
0255075100
Same streetBottom 22%Same areaBottom 27%CitywideBottom 42%

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

1973 Chancellor Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 95 m), 2 parks (nearest 162 m).

Search radius
🏫Education1
🌳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 4/2024CA$400k–450k
Sold price

Same street

Top 11%

Same area

Top 17%

City-wide

Top 27%

Related homes

Highlights & common questions: 1973 Chancellor Drive, Winnipeg

Property Overview: 1973 Chancellor Drive, Waverley Heights

Key Characteristics & Appeal

This 1978-built home on Chancellor Drive presents a solid, average-sized offering in a well-established Winnipeg neighborhood. With 1,077 sqft of living space and a 4,900 sqft lot, its dimensions are comfortably in the middle range for the area, appealing to those seeking a manageable property without extreme size. The home’s standout characteristic is its age relative to its immediate street—it is newer than approximately 94% of comparable homes on Chancellor Drive, suggesting potentially fewer immediate concerns with major aging components compared to neighbors.

Its appeal lies in its statistical consistency and position as a stable, middle-ground property. The assessed value is firmly in line with area averages, indicating a fair market positioning without premium or discount pricing. This isn’t a standout luxury property or a fixer-upper; it’s a pragmatic choice in a mature neighborhood. It would suit first-time buyers, downsizers, or investors looking for a straightforward, comparable home in a settled area. A thoughtful perspective is that its slightly smaller-than-average lot for the street could mean less maintenance, which is a practical advantage for some, while the newer build year offers a relative sense of modern infrastructure within a classic community setting.

Frequently Asked Questions

1. Is this home significantly bigger or smaller than others nearby?
No, it’s consistently around average. Its living area ranks in the 60th-66th percentile across street, neighborhood, and city comparisons, meaning it’s very typical for the area.

2. How does the assessed value compare?
The assessed value of $401k is also around average. It ranks slightly higher on its own street (top 36%) but aligns closely with the neighborhood and city averages, reflecting a standard market value.

3. What does the "newer" build year actually mean?
Built in 1978, it is newer than most homes on Chancellor Drive itself (top 6%). This is a relative advantage on its specific street, though within the wider neighborhood and city, its age is more typical.

4. Is the lot size a disadvantage?
The lot is smaller than average for both Chancellor Drive and Waverley Heights. This could mean a smaller yard, but also translates to less exterior maintenance. It is closer to the citywide average.

5. What type of buyer is this home best for?
It’s ideal for buyers seeking a predictable, average-condition home in a stable neighborhood without unexpected premium costs or major renovation projects. Its metrics suggest a low-risk, conventional purchase.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.