Property score
57.0
Fair
Overall 57.0 · Smaller but newer than most nearby homes
809 sqft (bottom 4%) · 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: 5 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Living Area
Below average
35% 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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57.0 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
23 Gull Lake Road — 14 amenities found within 500 m, across 6 categories, including 5 dining (nearest 473 m), 1 education (nearest 331 m), 3 healthcare (nearest 303 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 41% | Bottom 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 26% | 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: 23 Gull Lake Road, Waverley Heights
Section 1: Key Characteristics & Appeal
This 809 sqft bungalow, built in 1978 on a 3,838 sqft lot, presents a specific and compelling value proposition. Its primary appeal lies in its position as a more accessible entry point into the established Waverley Heights neighborhood. While the living space is notably compact compared to area averages, this is reflected in its assessed value of $332k, which sits comfortably below the neighborhood average. This creates an opportunity for buyers seeking location and lot over square footage.
The home would suit first-time buyers, downsizers, or pragmatic investors looking for a solid footprint in a desirable area without the premium for larger modern layouts. Its older vintage, yet newer than many homes in the wider city, suggests a balance of established-character infrastructure and potential for updates. A thoughtful perspective is that the below-average living area on an average-sized street lot hints at a home designed for simpler living, possibly with a layout that emphasizes outdoor space or efficient use. It’s a property for those who prioritize the neighborhood and land first, viewing the home itself as a sound canvas.
Section 2: Frequently Asked Questions
Q: How does the smaller living area impact value?
A: The data shows the home’s assessed value is proportionally lower than neighborhood averages, directly correlating with its size. This means you are paying less for the location because of the compact floor plan, which can represent efficiency rather than just a drawback.
Q: Is the lot size a positive?
A: On Gull Lake Road itself, the lot is around average. For the larger neighborhood and city, it is below average. However, it remains a decent-sized urban lot that offers outdoor space and is manageable for maintenance.
Q: What does the "Above Average" year built ranking for the neighborhood mean?
A: It means this 1978 home is newer than most in Waverley Heights. This can imply relatively newer major systems (like plumbing or electrical) compared to much older area homes, which is a practical advantage.
Q: Who determines these rankings and averages?
A: The analysis is based on a comparison of available public data for homes deemed comparable within defined geographic scopes (street, neighborhood, city). The "Avg" is a rough median benchmark for those peer groups.
Q: Where can I see this property in context with its neighbors?
A: You can open the neighbourhood analysis page to view an interactive map comparing this home to others nearby based on year built, size, value, and lot dimensions.
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.
