Property score
67.6
Good
Overall 67.6 · Newer than most nearby homes
1,088 sqft (bottom 37%) · Built in 1990 (12 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 11 healthcare facilitys, and 1 shop nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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67.6 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: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
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
273 Gull Lake Road — 18 amenities found within 500 m, across 6 categories, including 2 dining (nearest 450 m), 1 education (nearest 150 m), 11 healthcare (nearest 363 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 45% | 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: 273 Gull Lake Road, Winnipeg
Key Characteristics & Appeal
This well-situated home in Waverley Heights presents a compelling blend of above-average modern comforts within a mature neighbourhood. Built in 1990, it is notably newer than most homes in the area, ranking in the top 3% for its year of construction within the neighbourhood. This suggests updated building standards and potentially fewer major maintenance concerns compared to older peers.
The 1,088 sqft living space is efficiently designed, offering more room than the average home on Gull Lake Road itself. Its true appeal lies in its desirable balance: it provides modern living in an established area without the premium often attached to brand-new subdivisions. The assessed value of $416k is above average for the street, indicating strong intrinsic value relative to its immediate neighbours.
This property would suit first-time buyers or downsizers seeking a manageable, move-in-ready home in a stable community. It’s also a practical choice for value-conscious buyers who prioritize a newer build year and solid street-level rankings over a very large lot, as the land area is more compact compared to the broader neighbourhood.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,088 sqft, the living area is above the average for Gull Lake Road itself. It is slightly below the average for the wider Waverley Heights neighbourhood, positioning it as a comfortable, mid-size option in the area.
2. What does the "Elite" ranking for year built mean?
This means the 1990 build date is newer than 97% of comparable homes in the Waverley Heights neighbourhood. It is a relatively modern home in a mature area, which can be advantageous for systems, layout, and energy efficiency.
3. Is the assessed value a good indicator of the listing price?
The assessed value of $416k is a municipal valuation for tax purposes. It is notably above the street average, suggesting the property holds value relative to its direct neighbours. Market conditions and specific home features will ultimately determine the listing and sale price.
4. The lot seems smaller than the neighbourhood average. Is that a concern?
The 4,755 sqft lot is around average for Gull Lake Road but below the average for Waverley Heights. This translates to less yard maintenance, which many buyers appreciate. It’s a trade-off that contributes to the home’s manageable scale.
5. What’s the main takeaway from these statistics?
This home shines brightest on its own street and by its modern build date. It offers the benefits of a newer construction in an established setting, with above-average space and value compared to its immediate neighbours, making it a strong and efficient choice within its locale.
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