27 Lake Green Place

Waverley Heights, Winnipeg

Property score

70.6

Good

Overall 70.6 · Newer than most nearby homes

1,192 sqft (top 41%) · Built in 1978

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

4% 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

70.6 is composed by the two sections below.

Property Score

66.3Good
Living Area1,192 sqft60Fair
Year Built197867Good
Lot Size8,578 sqft93Excellent
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110977

Community deep dive

$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

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,192 sqft
0255075100
Same streetBottom 14%Same areaTop 41%CitywideBottom 49%
Same street · Lake Green Place
#6 / 7
Bottom 14% · Avg 1,447 sqft
Same area · Waverley Heights
#664 / 1,633
Top 41% · Avg 1,239 sqft
Citywide · Winnipeg
#99,474 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetBottom 14%Same areaTop 24%CitywideTop 30%
Same street · Lake Green Place
#6 / 7
Bottom 14% · Avg 472.9k
Same area · Waverley Heights
#395 / 1,633
Top 24% · Avg 398.1k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 14%Same areaTop 18%CitywideTop 35%

Lot Size

above average
8,578 sqft
0255075100
Same streetTop 43%Same areaTop 12%CitywideTop 9%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

27 Lake Green Place — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 420 m), 3 parks (nearest 436 m).

Search radius
🏫Education2
🌳Parks3

Crime & Safety

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%

Sales History

Sold 6/2016CA$350k–400k
Sold price

Same street

Bottom 14%

Same area

Top 44%

City-wide

Top 45%

Related homes

Highlights & common questions: 27 Lake Green Place, Winnipeg

Property Summary: 27 Lake Green Place

Section 1: Key Characteristics & Appeal

This home at 27 Lake Green Place presents a compelling mix of space, value, and location within Winnipeg's Waverley Heights neighborhood. Its key appeal lies in its generous, above-average lot size of over 8,500 sqft—a standout feature that offers ample outdoor space and privacy, ranking in the top 12% of the local area. The living area (1,192 sqft) is comfortably sized, aligning with city-wide averages while feeling cozier compared to some larger homes on its specific street.

The property’s assessed value sits in an interesting position: it is above average for both the neighborhood and the city, suggesting strong perceived value in a desirable area, yet it is one of the more accessible entry points on Lake Green Place itself. Built in 1978, it is contemporaneous with many homes in the area, offering typical charm and potential for updates. This home would suit a buyer looking for a solid investment in a well-regarded neighborhood who prioritizes a large yard over a maximized interior footprint. It’s ideal for someone who sees value in the land and location, and who may be comfortable with a home that offers a blank canvas for personalization.

Section 2: Frequently Asked Questions

1. Is the living area smaller than other homes on the street?
Yes, the home's living area is somewhat below the average for Lake Green Place itself. However, it is very close to the average for the wider Waverley Heights neighborhood and the city overall, indicating it offers a standard amount of interior space for the area.

2. Why is the assessed value higher than the city average?
The assessed value is above the Winnipeg average, which primarily reflects the desirable Waverley Heights location and the property's significantly larger-than-average lot size. Value is driven more by land and location here than by interior square footage.

3. How does the lot size compare?
The lot is a major feature. At 8,578 sqft, it is substantially larger than most lots in both the neighborhood (top 12%) and city-wide (top 9%), offering excellent outdoor potential.

4. What does the "Top X%" ranking mean?
A "Top X%" rank shows how this property compares to similar homes in a given area. For example, being in the "Top 24%" for value in the neighborhood means about 76% of comparable homes have a lower assessed value, placing this one in the higher tier.

5. Is this a newer home for the area?
Built in 1978, it is typical for the street and neighborhood. It is not a newer construction but is slightly newer than the city-wide average for comparable homes.

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