73.7
Good
Property score
73.7
Good
Overall 73.7
Newer than most nearby homes
1,200 sqft (top 39%)
Built in 1978
Located in a high-income area
with median household income of ~104k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% smaller 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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73.7 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
34 Lake Island Crescent — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 240 m), 2 parks (nearest 227 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 | Bottom 40% | Top 46% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 34 Lake Island Crescent, Waverley Heights
Section 1: Overview & Appeal
This home presents a solid, balanced offering in the Waverley Heights neighborhood. Its key characteristic is consistency: at approximately 1,200 sqft, its living space is very close to the average for its street, neighborhood, and city, making it a typical and manageable size. The 1978 build year is a standout feature, ranking as the newest on its street, which suggests potentially fewer immediate concerns with aging components compared to neighbors.
The appeal lies in its stable, middle-ground positioning. With an assessed value slightly above city and neighborhood averages, it reflects a perceived stability in the area. The lot size, while smaller than others on Lake Island Crescent, is near the neighborhood average, offering a balance of yard space and low maintenance. This property would suit pragmatic buyers—perhaps first-time homeowners or downsizers—who value a move-in-ready footprint in an established area without extreme highs or lows in its metrics. It’s for someone seeking a home that is unassuming in scale but notable for its relative modernity on the block.
Section 2: Frequently Asked Questions
1. Is the living space smaller than average?
The living area is very close to the averages for the street (1,236 sqft) and neighborhood (1,239 sqft). It is efficiently sized, ranking in the middle of the pack, which typically indicates a practical, no-surprises layout.
2. Why is the assessed value higher than some averages?
The assessed value of $424k is above both the city and neighborhood averages. This is likely due to a combination of its newer build year (1978) and its location on a street where average values are strong ($436k average on Lake Island Crescent).
3. What does "newest on the street" for the 1978 build really mean?
While 1978 may not seem new, it ranks #1 out of 23 homes on this street. This means every comparable home on the block is the same age or older, which can be an advantage for systems, roof age, and overall wear-and-tear relative to immediate neighbors.
4. How does the lot size impact the property?
At 5,491 sqft, the lot is below the street average but aligns more closely with the neighborhood average. This may mean a more manageable yard for maintenance, but slightly less private space than some direct neighbors.
5. How does this home compare to the wider Winnipeg market?
City-wide, this home sits around the 50th percentile for size and the 33rd for value. This indicates you are getting a home of typical Winnipeg size, but in a neighborhood (Waverley Heights) where property values generally rank above the city median.
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