Property score
66.4
Good
Overall 66.4 · Newer than most nearby homes
1,152 sqft (top 49%) · 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: 1 school, and 1 park nearby
Living Area
Near average
7% 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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66.4 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
219 Lake Village Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 295 m), 1 parks (nearest 276 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 | Bottom 45% | Bottom 20% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 219 Lake Village Road, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home on Lake Village Road presents a compelling blend of space, value, and a desirable location within Waverley Heights. Its key appeal lies in offering above-average living space (1,152 sqft) on its own street, where it ranks in the top 9% for size, providing more room than most direct neighbors. Built in 1978, it is also one of the newer homes on the block, ranking #1 on its street for year built.
The property’s most notable characteristic is its value proposition within the broader Waverley Heights neighborhood. While the home offers solid space, its assessed value is notably below the neighborhood average, ranking in the top 90% (meaning it’s more affordable than 90% of comparable area homes). This creates a potential opportunity for buyers seeking entry into this area. The lot is more compact than typical for the neighborhood and city, which translates to lower maintenance while still providing a private outdoor space.
This home would ideally suit first-time buyers or downsizers looking for a manageable property in a established area without a premium price tag. It’s also a practical choice for value-conscious buyers who prioritize interior space and a newer build year over a large yard, and who see the below-average assessment for the neighborhood as a strategic entry point.
Section 2: Frequently Asked Questions
1. Is the living space adequate for a growing family?
At 1,152 sqft, the living area is larger than most homes on Lake Village Road and is close to the neighborhood average. It provides a functional footprint for a small to medium-sized family, especially when compared to other options on the same street.
2. Why is the assessed value below the neighborhood average?
The assessed value is influenced by multiple factors. In this case, the home’s more compact lot size (3,499 sqft), which is below the Waverley Heights average, is a likely contributor. This can be an advantage, resulting in a relatively lower property tax burden compared to neighbors with larger land parcels.
3. What does the "newer" build year mean for maintenance?
Built in 1978, this home is among the newest on its street. While still over 40 years old, this can suggest potentially newer core components (like roofing, wiring, or plumbing) compared to older area homes, but a thorough inspection is always recommended to confirm the condition of major systems.
4. How does the lot size impact the property?
The lot is smaller than the typical Winnipeg property. This means less yard work and lower outdoor maintenance, which many buyers appreciate. It does, however, offer less space for expansive gardens, additions, or large outdoor recreational structures.
5. How does this property compare to others in Winnipeg overall?
City-wide, this home is very average in terms of living space, assessed value, and age. Its standout features are specific to its immediate location: it offers more interior space and a newer build year than most on its street, while being priced below most homes in the wider Waverley Heights area.
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