Property score
69.9
Good
Overall 69.9 · Compared with neighbourhood average
1,176 sqft (top 44%) · Built in 1977 (1 yr older than avg)
Located in a high-income area with median household income of ~106k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, and 3 parks nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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69.9 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 Green Place — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 424 m), 3 parks (nearest 418 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 29% | Top 11% | Top 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Top 46% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Lake Green Place
Section 1: Key Characteristics & Appeal
This well-situated Waverley Heights home presents a unique value proposition within its established neighbourhood. Built in 1977, the 1,176 sqft bungalow sits on a generous 6,795 sqft lot—a standout feature that is larger than most lots both in Winnipeg and the immediate area. While the living area is modest compared to others on its street, it aligns closely with neighbourhood and city averages for similar homes.
The primary appeal lies in its land value and location. The lot offers significant space for gardening, recreation, or future expansion, providing a suburban feel within the city. With an assessed value of $427k, the property is positioned below the street average but sits above both neighbourhood and city averages for assessed value, suggesting a solid investment in a desirable area.
This home would suit first-time buyers or downsizers seeking a manageable footprint without sacrificing outdoor space. It’s also a practical choice for value-conscious buyers looking for a "blank canvas" on a prime lot, willing to update the interior over time. The data indicates you’re purchasing a better-than-average piece of land with a home that has renovation potential, rather than a fully finished premium property.
Section 2: Frequently Asked Questions
1. Is the house too small for the street?
The living area is the smallest among the seven homes on Lake Green Place, where averages are higher. However, it is very close to the typical size for both Waverley Heights and Winnipeg overall. This could mean more efficient use of space and lower utility costs compared to larger neighbours.
2. Why is the assessed value lower than the street average?
The $427k assessment is below the street average of $472.9k, which is likely influenced by the home’s smaller size and 1977 build date relative to its immediate neighbours. However, it remains above the broader area and city averages, indicating the lot and location are key drivers of its value.
3. How does the lot size compare?
The lot is a major asset. At 6,795 sqft, it is larger than 81% of comparable lots city-wide and 73% within Waverley Heights. It is, however, the smallest lot on Lake Green Place itself, where properties are exceptionally large.
4. What does the year built tell us about the property?
Built in 1977, the home is typical for its neighbourhood and newer than the city-wide average. It falls within an era of solid construction but will likely have original or older components (like windows, roof, HVAC) that should be carefully inspected for their remaining lifespan.
5. Is this a good investment for the area?
The numbers suggest you are buying into a street of higher-value homes, which can be beneficial for long-term value. The combination of an above-average lot in a stable neighbourhood with a home priced below its immediate peers offers a strategic entry point into Waverley Heights.
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