Property score
59.9
Fair
Overall 59.9 · Smaller but newer than most nearby homes
920 sqft (bottom 13%) · Built in 1978
Located in a above-average income area with median household income of ~87k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 3 healthcare facilitys, 1 shop, and 2 parks nearby
Living Area
Below average
26% 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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59.9 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: #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
29 East Lake Drive — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 250 m), 3 healthcare (nearest 421 m), 1 shopping (nearest 458 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 22% | Bottom 24% | Bottom 37% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Bottom 7% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 29 East Lake Drive
Key Characteristics & Appeal
This 920 sqft bungalow, built in 1978, presents a compelling case for value-focused buyers. Its primary appeal lies in its strong position on its own street. While the living area is typical for East Lake Drive, the home boasts an assessed value ($338K) that ranks 2nd highest out of 31 on the street, suggesting it is well-maintained or has features that set it apart from its immediate neighbors. This creates an interesting dynamic: you’re acquiring one of the most valued properties on the block, yet the home’s size and lot (3,080 sqft) are manageable and in line with the local streetscape.
The property suits first-time buyers, downsizers, or practical investors looking for a solid entry into the established Waverley Heights neighborhood without the upkeep of a larger estate. It offers a "right-sized" alternative within the area, where average lots are significantly bigger. A thoughtful perspective here is the balance between prestige and practicality. You own a top-tier property on your specific street, which can be a point of pride and stability, while benefiting from the neighborhood's amenities and mature setting without the burden of the area's larger, more expensive typical land holdings.
Frequently Asked Questions
Q: How does the assessed value compare to likely market value?
A: Assessed value is used for property tax calculation and is a formal estimate, but market value is determined by what buyers are willing to pay. The fact it's assessed highly for its street is a positive indicator, but a professional appraisal and market analysis are needed for pricing.
Q: Is the smaller lot size a disadvantage?
A: It depends on your priorities. It means less yard maintenance than most properties in Waverley Heights, which is a plus for many. It may limit expansion potential but is very typical for East Lake Drive itself.
Q: The living area is below neighborhood and city averages. Will the home feel too small?
A: At 920 sqft, it is a compact bungalow. Its size is average for its own street, indicating the street consists of similar, cozier homes. It’s ideal for efficient living but may require creative use of space for growing families or those needing multiple dedicated rooms.
Q: The home was built in 1978. What should I be aware of?
A: This is a common vintage for Winnipeg. Key checks include the age and material of the roof, windows, and major systems like furnace and electrical, which may be due for updates or replacement based on their service life.
Q: What does the ranking data actually tell me about the property?
A: It provides context. The data shows you’re not buying the biggest home, but you are buying one of the most valued properties on its street. This relative strength on its immediate block is a distinctive feature compared to its more average standing in the wider area.
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