Property score
66.0
Good
Overall 66.0 · Smaller but newer than most nearby homes
1,040 sqft (bottom 28%) · Built in 1978
Located in a high-income area with median household income of ~106k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 60%Chinese · 7%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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66.0 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: #46110977
$106K
Median household income
$112K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
Single-person households
40%
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 Lake Albrin Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 137 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 31% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Lake Albrin Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home on Lake Albrin Bay in Waverley Heights presents a practical opportunity in a desirable location. Built in 1978, its 1,040 sqft living area is modest, particularly for the street, which features larger homes on average. However, this translates to a more manageable footprint for maintenance and heating. The assessed value aligns closely with city and neighborhood averages, suggesting a fair market position.
The appeal lies in its balance and location. The lot size is perfectly usable at just under 6,000 sqft, offering good outdoor space without being overwhelming. A thoughtful perspective is that while the home is smaller than some neighbors, it sits on a street where property values are consistently strong, indicating a stable and sought-after enclave. This property would suit first-time buyers looking to enter a mature neighborhood, downsizers seeking a single-level home (assuming bungalow layout), or value-focused buyers who prioritize location and land over sheer interior size. It’s a home that offers community prestige with a relatively efficient scale.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others in the area?
Yes, at 1,040 sqft, the living area is below the average for both the immediate street and the wider Waverley Heights neighborhood. This is the home’s most notable compromise.
2. Does the lower square footage mean it’s a poor value?
Not necessarily. The assessed value is consistent with city and neighborhood averages, suggesting the market recognizes the value of the location and lot. You are effectively paying for the setting and land, with a more compact home.
3. What are the advantages of a smaller home on this street?
Lower utility costs, less interior maintenance, and a more manageable space to furnish and keep clean. It also may present less daunting renovation projects if updates are desired.
4. How does the lot size compare?
At 5,999 sqft, the lot is slightly below the street average but aligns with the city average. It is a generous, standard-sized residential lot that provides ample yard space.
5. The home was built in 1978. What should I consider?
This is a typical age for the neighborhood and street. It means potential major components (like roof, windows, furnace) may be at or past their typical lifespan, so a thorough inspection is crucial. Conversely, homes from this era often feature good room proportions and mature landscaping.
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