Property score
78.2
Good
Overall 78.2 · Larger and newer than most nearby homes
1,450 sqft (top 22%) · Built in 1978
Located in a high-income area with median household income of ~104k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 2 parks nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 59%Chinese · 10%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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78.2 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: #46110976
$104K
Median household income
$125K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
13%
Single-person households
37%
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
27 Lake Island Crescent — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 172 m), 2 parks (nearest 250 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 20% | Top 11% | Top 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 40% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Lake Island Crescent, Waverley Heights, Winnipeg
Key Features & Ideal Buyer
This well-situated home on Lake Island Crescent presents a solid opportunity in Winnipeg's Waverley Heights neighborhood. Its primary appeal lies in its strong positional metrics within its immediate community. The home boasts a living area of 1,450 sqft, which is notably above average for both its street and neighborhood, offering more interior space than many nearby comparable properties. Built in 1978, its construction year is ranked "Elite" on its street, indicating it is among the newest homes in that specific row, which can be a positive signal for infrastructure and modern building codes relative to its closest neighbors.
The assessed value of $429k sits comfortably around the street average but is above the neighborhood average, suggesting the location on this specific crescent is a valued asset. The lot size of 6,174 sqft is consistent with the area and provides ample outdoor space.
This property would suit a buyer looking for a established home in a mature neighborhood, who values space and a newer build date relative to the immediate block. It's ideal for someone who prioritizes a strong standing within a specific, desirable pocket (the street and neighborhood rankings) over a top-tier citywide ranking. The data suggests you're buying into a well-above-average segment of Waverley Heights itself.
Frequently Asked Questions
1. What do the ranking percentages (Top 26%, etc.) actually mean?
They show how this property compares to similar homes in three areas: its street, its wider neighborhood (Waverley Heights), and all of Winnipeg. For example, being in the "Top 26%" for living area on its street means about 74% of comparable homes on Lake Island Crescent are smaller.
2. The assessed value is above the neighborhood average. Does that mean it's overpriced?
Not necessarily. The assessment reflects the market value estimate for taxation. It being above the Waverley Heights average but aligned with its specific street's average indicates that Lake Island Crescent itself may be a premium strip within the neighborhood, justifying a higher value.
3. The home is "newer" on its street but average citywide. Is that important?
Yes, from a maintenance perspective. Being one of the newest homes on your immediate block can mean common issues for homes of that era have potentially been addressed, and you may have similar-aged neighbors facing comparable upkeep timelines, which can influence local renovation trends and material choices.
4. How should I interpret the lot size being "Above Average" citywide but "Around Average" locally?
This tells you the neighborhood character. Waverley Heights generally features lots that are slightly smaller than the Winnipeg average. Your lot is very typical for the area you're buying into, which ensures consistency in streetscape and neighbor spacing.
5. The living area ranks higher than the assessed value. What does that indicate?
This often points to a home that offers good interior space for its price point within that location. It suggests the value may be more tied to the square footage and livability of the house itself rather than purely the land or an inflated prestige factor. It's a practical metric for buyers prioritizing space.
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