35 Gull Lake Road

Waverley Heights, Winnipeg

Property score

57.0

Fair

Overall 57.0 · Smaller but newer than most nearby homes

800 sqft (bottom 3%) · Built in 1978

Located in a above-average income area with median household income of ~87k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

35% 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

57.0 is composed by the two sections below.

Property Score

42.4Low
Living Area800 sqft32Low
Year Built197867Good
Lot Size3,718 sqft46Low
Neighbourhood Sales Activity59Fair

Community Score

79.0Good
Household Income79Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110979

Community deep dive

$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

Population, labour & age

Population (2021)703
Labour force participation rate67%
Median age34.4
Avg household size2.9
Unemployment rate7%
Population density4393 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households18%
Couple families with children31%
Median household income (2020)$87K

Housing

Renter households14%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority58%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Punjabi · 15%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
800 sqft
0255075100
Same streetBottom 7%Same areaBottom 3%CitywideBottom 9%
Same street · Gull Lake Road
#79 / 85
Bottom 7% · Avg 1,039 sqft
Same area · Waverley Heights
#1,581 / 1,633
Bottom 3% · Avg 1,239 sqft
Citywide · Winnipeg
#176,688 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
330k
0255075100
Same streetTop 47%Same areaBottom 23%CitywideBottom 39%
Same street · Gull Lake Road
#40 / 85
Top 47% · Avg 354.9k
Same area · Waverley Heights
#1,255 / 1,633
Bottom 23% · Avg 398.1k
Citywide · Winnipeg
#118,620 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 41%Same areaTop 18%CitywideTop 35%

Lot Size

around average
3,718 sqft
0255075100
Same streetBottom 39%Same areaBottom 18%CitywideBottom 22%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

35 Gull Lake Road — 14 amenities found within 500 m, across 6 categories, including 5 dining (nearest 478 m), 1 education (nearest 338 m), 3 healthcare (nearest 281 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare3
🛒Shopping2
🌳Parks2
🏛️Government1

Crime & Safety

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%

Sales History

Sold 11/2022CA$250k–300k
Sold price

Same street

Bottom 32%

Same area

Bottom 25%

City-wide

Bottom 38%

Related homes

Highlights & common questions: 35 Gull Lake Road, Winnipeg

Property Overview: 35 Gull Lake Road, Waverley Heights

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on its efficient 800 sqft layout, built in 1978, on a 3,718 sqft lot. Its core appeal lies in its position as a competitively priced entry point into the desirable Waverley Heights neighborhood. While its living space is notably smaller than area averages, this translates to a lower assessed value ($330k), which sits comfortably around the average for its own street and city-wide. This creates an opportunity: you're acquiring a home in a top-tier neighborhood without paying the typical premium for its larger, more modern properties.

The property would suit first-time buyers, downsizers, or investors seeking a manageable footprint in a stable area. It’s for those who prioritize location and community over sheer interior size, and who see potential in a home that is newer than most in its immediate neighborhood. A thoughtful perspective is that the smaller scale can mean lower utility costs, less maintenance, and a cozier, easier-to-manage living environment, which is often underrated.

Section 2: Frequently Asked Questions

1. Is the house too small?
At 800 sqft, it is significantly smaller than most homes in Waverley Heights. This makes it efficient and manageable but requires thoughtful use of space. It’s ideal for individuals, couples, or small families comfortable with a more compact layout.

2. Why is the assessed value relatively low for the area?
The assessed value reflects the home’s smaller size and footprint relative to the neighborhood. It’s priced comparably to homes on its own street and city-wide, but below the Waverley Heights average, which is pulled up by larger, more valuable properties.

3. How does the lot size compare?
The lot is approximately average for Gull Lake Road but below the neighborhood and city averages. This means smaller outdoor maintenance, which some buyers prefer, but less private space than many area homes offer.

4. Is the 1978 build date a concern?
Not inherently. It’s actually newer than most homes in the wider neighborhood and around the city average. This suggests major components may be younger than those in comparable older homes, but a specific inspection is always recommended.

5. What does the ranking data actually tell me?
The rankings show how this property compares to similar homes in three circles: its street, neighborhood, and entire city. The key takeaway is that it offers a balance—it’s not an outlier in any single category on its own street, but it provides a cost-effective way to live in a highly-ranked neighborhood.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.