Property score
64.6
Fair
Overall 64.6 · Newer than most nearby homes
1,152 sqft (top 49%) · Built in 1978
Located in a above-average income area with median household income of ~87k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
7% 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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64.6 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
27 West Lake Crescent — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 145 m), 1 healthcare (nearest 456 m), 1 shopping (nearest 493 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 17% | Bottom 47% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Bottom 17% | Bottom 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home at 27 West Lake Crescent in Waverley Heights is a well-established property built in 1978. Its key characteristic is its generous 2,221 sqft lot, which ranks in the top 1% for size within the entire neighbourhood, offering significant outdoor space potential in a mature setting. The home itself features a renovated basement and a living area of 1,152 sqft. Recent sales history shows a notable increase in value, with the property selling for $340,000 in mid-2022, a substantial jump from its previous assessed values.
The appeal lies in its location on a quiet crescent and the rare lot size for the area, providing a sense of space and privacy that is harder to find in newer subdivisions. It suits a practical buyer looking for a solid, no-frills family home in a stable neighbourhood, who values a large yard over a modern, move-in-ready interior or a garage. It may also appeal to those who see potential in the existing structure and lot, viewing it as a canvas for future renovations or additions, given the premium land size.
Frequently Asked Questions
1. How does the recent sale price compare to the city assessment?
The home sold for $340,000 in July 2022, which is significantly higher than its current assessed value of $31,600. This is common, as municipal assessments for tax purposes often lag behind actual market values and are calculated using a different methodology.
2. What does the lot size ranking actually mean for me?
Ranking in the top 1% for lot size in Waverley Heights means this property offers more outdoor space than 99% of lots in the neighbourhood. This is a standout feature for gardening, play, or expansion, especially when many newer homes are built on smaller parcels.
3. The home doesn't have a garage. Is that typical for the area?
While some homes in Waverley Heights have garages, many older properties, especially those from the 1970s, were built with driveways and carports or without. The lack of a garage is reflected in the price and presents an opportunity for a future build, subject to local bylaws.
4. The property sold twice in 2020 and 2022. Is that a concern?
The data shows a sale for $27,800 in late 2020 and then for $340,000 in mid-2022. The 2020 transaction appears to be a nominal-value transfer (such as between family members or for legal reorganization), not an arms-length market sale. The 2022 price is the relevant market indicator.
5. How does this home compare to newer builds in nearby areas like Bridgwater?
This home offers a larger lot and mature trees in an established community, but likely requires more maintenance or updates compared to a newer build. It represents a trade-off: character, space, and location stability versus modern finishes, layout, and energy efficiency. The choice depends on personal priority—land versus the building itself.
