Property score
57.1
Fair
Overall 57.1 · Smaller but newer than most nearby homes
827 sqft (bottom 6%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
33% 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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57.1 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
2 Sandy Lake Place — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 486 m), 2 education (nearest 293 m), 5 healthcare (nearest 401 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 33% | Bottom 39% | Bottom 46% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 8% | Top 41% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Sandy Lake Place, Waverley Heights
Section 1: Key Characteristics & Appeal
This 827 sqft bungalow, built in 1978, presents a compelling case for value-focused buyers seeking a low-maintenance lifestyle. Its primary appeal lies in its efficient use of space and its position as one of the newest homes on its street, offering modernized systems compared to many neighbours. The assessed value of $325K is very competitive, sitting close to the street average but notably below the broader neighbourhood average, suggesting a potential value entry point into Waverley Heights.
The property suits first-time buyers, downsizers, or investors looking for a manageable footprint without a major renovation project. The smaller, 3,118 sqft lot is a key differentiator: while below average in size, it translates to significantly less yard work, which is a genuine advantage for those seeking a lock-and-leave lifestyle or who prioritize interior living space over extensive outdoor maintenance. This isn't a sprawling family estate; it's a practical, grounded home for someone who values a newer build year on a quiet street over sheer square footage.
Section 2: Frequently Asked Questions
1. Is the living area small for the neighbourhood?
Yes, the home's living area is below average for both the Waverley Heights neighbourhood and Winnipeg overall. This is reflected in its competitive price point. It's designed for efficient living rather than spaciousness.
2. What does the "newer build year" ranking actually mean?
The data shows this home is ranked #1 out of 20 on its own street for year built. Essentially, it is the newest or among the very newest comparable homes on Sandy Lake Place, indicating potentially updated core components like wiring, plumbing, and windows compared to immediate neighbours.
3. How does the smaller lot size impact me?
The lot is smaller than most on the street and in the area. This means less private outdoor space and smaller garden potential, but also reduced time and cost for lawn care, landscaping, and snow clearing. It's a trade-off that many buyers actively seek.
4. Is the assessed value a good indicator of the listing price?
The assessed value ($325K) is a municipal valuation for tax purposes, not a market price. However, its position—around the street average but well below the neighbourhood average—suggests the home could be priced attractively within the wider market context. Always rely on a current market evaluation for pricing.
5. Who would this property not suit?
It may not be ideal for buyers requiring multiple large bedrooms, dedicated home office spaces, or extensive room for indoor entertainment. Families needing a large backyard for play or gardeners wanting extensive planting beds might find the lot size limiting. It's best for those comfortable with a compact, efficient layout.
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