Property score
73.8
Good
Overall 73.8 · Older than most nearby homes
1,176 sqft (top 44%) · Built in 1976 (2 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 65%Punjabi · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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73.8 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: #46110974
$105K
Median household income
$118K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
14%
Single-person households
39%
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
22 Lowell Place — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 256 m), 3 parks (nearest 148 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 1% | Bottom 42% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 22 Lowell Place
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, value, and location within Winnipeg's Waverley Heights neighborhood. Its primary appeal lies in its efficient use of a generous lot. While the living area (1,176 sq ft) is modest compared to others on its specific street, the property sits on a land parcel (6,656 sq ft) that is notably larger than both neighborhood and city averages. This creates significant potential for outdoor living, gardening, or future expansion.
The assessed value of $424k positions it as a more accessible entry point on Lowell Place itself, while still being aligned with broader area averages. Built in 1976, it is the newest home on its street, which may suggest updates or a later construction style than immediate neighbors. This property would suit value-conscious buyers seeking a home with ample yard space in a well-established area. It’s ideal for those who prioritize land size over interior square footage and who see potential in the disconnect between the home’s current footprint and the possibilities of its sizable lot. It represents a practical choice for someone looking to put down roots in the neighborhood without the premium price tag of the street’s largest homes.
Section 2: Frequently Asked Questions
1. Is the living area too small for the neighborhood?
While below average for Lowell Place itself, the home’s living area is actually close to the average for both Waverley Heights and Winnipeg overall. It offers a comfortable size that is efficient to maintain and heat.
2. Why is the assessed value lower than the street average?
The assessed value reflects factors including the home’s smaller living area relative to its neighbors and its land size ranking on the street. This can represent a value opportunity, as you gain a large lot in a desirable location at a assessed value that is competitive with the wider market.
3. What are the implications of it being the newest home on the street?
Being built in 1976 likely means construction methods and materials are more modern than some neighbors. It may also indicate that major components like the roof, windows, or foundation could be younger than the street’s average, but a specific inspection is needed to confirm condition.
4. How should I interpret the large lot size?
The lot is a key feature. It’s larger than most in the city and neighborhood, offering more privacy, recreation space, and greenery than typical. It’s a long-term asset that provides options not available with a standard-sized lot.
5. Does ranking 7th out of 9 for value on the street mean it’s a poor investment?
Not necessarily. Rankings show relative position. This home offers a way to live on a desirable street at a lower entry point. Its value is solidly above the city average, and its appeal comes from the combination of location, lot size, and a newer build year, rather than just having the highest absolute valuation.
