Property score
70.3
Good
Overall 70.3 · Compared with neighbourhood average
1,152 sqft (top 49%) · Built in 1977 (1 yr older than avg)
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: 1 school, and 1 park nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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70.3 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
35 Lake Village Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 311 m), 1 parks (nearest 248 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 22% | Bottom 11% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 35 Lake Village Road, Waverley Heights
Key Characteristics & Appeal
This 1977-built home in Waverley Heights presents a compelling mix of space, value, and established neighbourhood character. Its key appeal lies in its generous 6,008 sqft lot, which is significantly larger than most on its street, offering ample outdoor potential. With 1,152 sqft of living area, the home itself provides above-average space for its immediate locale.
The property’s assessed value of $317k sits above the street average but notably below the wider neighbourhood average, suggesting a value proposition within a desirable area. This creates an interesting position: you’re acquiring a home on a street where property values are generally strong, yet the assessment indicates room for equity growth to align with broader area norms. It suits practical buyers looking for a solid footprint—both indoors and out—in a mature area, without paying the premium typical for the full neighbourhood. It’s a home for someone who values a sizable yard over a newly built structure and sees potential in a well-located, classic property.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is for municipal tax purposes. While it’s a useful benchmark, market value is determined by current buyer demand. Being below the neighbourhood average may indicate a competitive listing price, but a professional appraisal or comparative market analysis is essential.
2. What does the lot size ranking mean for me?
Ranking in the top 6% for lot size on the street is a standout feature. It means more privacy, gardening space, or expansion potential compared to nearby homes, which is a permanent advantage that doesn’t change with market fluctuations.
3. Is a 1977-built home a concern?
The build year is typical for the street and neighbourhood. The key consideration is the home’s maintenance and update history. A well-maintained home from this era can offer excellent livability, but buyers should budget for potential updates to major systems like roofing, windows, or plumbing.
4. Why is the neighbourhood ranking for value lower than the street ranking?
This indicates that while the property holds its own on its specific street, the wider Waverley Heights area includes many homes with higher valuations. This isn’t necessarily negative; it can mean the home is in a more affordable pocket of a sought-after neighbourhood.
5. Where can I see more context about this location?
For a detailed visual analysis comparing this property to its neighbours on factors like lot size, year built, and value, you can open the dedicated neighbourhood map analysis page.
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.
