Property score
82.7
Excellent
Overall 82.7 · Larger and newer than most nearby homes
1,950 sqft (top 4%) · Built in 1990 (12 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Above average
57% larger than neighborhood avg.
Year Built
Above average
12 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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82.7 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
20 Gundy Lake Bay — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 395 m), 2 education (nearest 271 m), 5 healthcare (nearest 348 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 40% | Top 9% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary
Key Characteristics & Appeal
This home at 20 Gundy Lake Bay presents a compelling mix of space, value, and established community appeal. Its primary strength is its generous living area of 1,950 sqft, which ranks in the top 4% within the desirable Waverley Heights neighborhood and well above averages for the street and the wider city. This suggests a home that offers more interior room than most in the area without a proportionally higher tax assessment, indicating potential value. The property suits buyers prioritizing spacious interiors in a mature neighborhood, who may value character and established landscaping over a brand-new build.
The appeal lies in its strong positional value within the broader market. While the lot size is more modest on its specific street and the home itself is older than its immediate neighbors, its tax assessment is exceptionally competitive for Waverley Heights (top 5%). This creates an interesting dynamic: you are acquiring a home with above-average space in a premium community, but with a tax valuation that is relatively favorable. It would particularly suit a practical buyer who sees the older build year (1990) not as a drawback, but as an opportunity—perhaps a home with mature trees and settled foundations, where major updates can be tailored to the owner's taste over time.
Frequently Asked Questions
1. How does the older build year (1990) affect this property?
While it is one of the older homes on its street, it is actually newer than the vast majority of homes in the wider Waverley Heights community (top 3%). This suggests the home is in an established, mature part of the neighborhood. Buyers should focus on the condition of key systems (roof, windows, HVAC) which are typical for a home of this age.
2. The lot seems smaller than others on the street. Is that a concern?
The land size is below average for Gundy Lake Bay but is closer to the norm for the larger community. This often means less exterior maintenance, which can be an advantage for many. The trade-off is a larger living area on a potentially more manageable lot.
3. What does the tax assessment ranking tell me?
The assessment is average for the street but ranks very highly (top 5%) in Waverley Heights. This indicates that for the neighborhood's standards, this property is assessed at a favorable level compared to its peers, which can be a point of value. It's always wise to verify current property taxes.
4. Who would this home be best for?
It's an excellent fit for buyers seeking space and community prestige over a brand-new construction. It appeals to those who understand the value of an established neighborhood and are comfortable with a home that may benefit from personalized updates.
5. The data shows strong rankings in the community but mixed results on the street. How should I interpret this?
This highlights the specific character of Gundy Lake Bay, which appears to consist of larger, possibly newer lots. This home offers a different proposition: superior interior space on its street with a lot size and build era that are more aligned with the broader, highly sought-after Waverley Heights community, often at a compelling value point.
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