35 Lakeland Place

Waverley Heights, Winnipeg

Property score

70.9

Good

Overall 70.9 · Larger but older than most nearby homes

1,374 sqft (top 25%) · Built in 1975 (3 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 schools, 7 healthcare facilitys, and 4 parks nearby

Living Area

Above average

11% larger than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 62%Punjabi · 6%

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

70.9 is composed by the two sections below.

Property Score

68.2Good
Living Area1,374 sqft71Good
Year Built197558Fair
Lot Size5,956 sqft74Good
Neighbourhood Sales Activity59Fair

Community Score

74.9Good
Household Income85Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need100Excellent
Employment Health42Low

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: #46111191

Community deep dive

$100K

Median household income

$98K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate55%
Median age42.0
Avg household size2.9
Unemployment rate11%
Population density2643 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households13%
Couple families with children26%
Median household income (2020)$100K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$384K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority46%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Punjabi · 5%

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

Rankings

Living Area

above average
1,374 sqft
0255075100
Same streetBottom 14%Same areaTop 25%CitywideTop 37%
Same street · Lakeland Place
#12 / 14
Bottom 14% · Avg 1,664 sqft
Same area · Waverley Heights
#406 / 1,633
Top 25% · Avg 1,239 sqft
Citywide · Winnipeg
#71,951 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
420k
0255075100
Same streetBottom 1%Same areaTop 36%CitywideTop 34%
Same street · Lakeland Place
#14 / 14
Bottom 1% · Avg 500.4k
Same area · Waverley Heights
#585 / 1,633
Top 36% · Avg 398.1k
Citywide · Winnipeg
#65,813 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 7%Same areaBottom 14%CitywideTop 40%

Lot Size

around average
5,956 sqft
0255075100
Same streetBottom 7%Same areaBottom 49%CitywideTop 34%

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 Lakeland Place — 20 amenities found within 500 m, across 6 categories, including 5 dining (nearest 396 m), 2 education (nearest 322 m), 7 healthcare (nearest 416 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare7
🌳Parks4
🏦Finance1
Fuel Stations1

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 12/2022CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 14%

City-wide

Top 24%

Related homes

Highlights & common questions: 35 Lakeland Place, Winnipeg

Property Overview: 35 Lakeland Place

Section 1: Key Characteristics & Appeal

This well-maintained home, built in 1975, presents a compelling opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its efficient use of space and its position within a mature, established area. With 1,374 sqft of living area, the home is notably smaller than others on Lakeland Place but is actually above the neighborhood average, offering a more manageable footprint without sacrificing functionality. The assessed value of $420k is below the street average, suggesting a potentially attractive entry point into a street of generally higher-valued homes.

The property would suit first-time buyers or downsizers seeking a comfortable home in a respected neighborhood without the upkeep of a larger lot or excessive square footage. It’s a pragmatic choice for those who value location and community over sheer size, offering a chance to live on a desirable street at a relative value. A thoughtful perspective is that while the lot is smaller than others on the block, it still provides decent outdoor space and likely reduces maintenance time and costs—a hidden benefit for many modern buyers.

Section 2: Frequently Asked Questions

1. Is the home significantly smaller than others in the area?
It depends on the comparison. The home is smaller than most on its specific street, but it is actually larger than the average home in the wider Waverley Heights neighborhood. It offers an efficient layout in a well-regarded area.

2. Why is the assessed value lower than the street average?
The assessed value reflects factors like the home's smaller living area and lot size relative to its immediate neighbors. This doesn't necessarily reflect market value but indicates a lower property tax assessment base compared to others on Lakeland Place.

3. What does the "newer" year built ranking mean for this street?
Being built in 1975 makes it one of the newest homes on this street, which typically suggests potentially newer core components (like plumbing or electrical) compared to neighboring houses, though a specific inspection is always recommended.

4. Is the smaller lot a major disadvantage?
The lot is below average for the street but aligns with neighborhood and city averages. It provides a balanced outdoor space that is easier to maintain, which can be an advantage for buyers looking to minimize yard work.

5. How does this property fit within the broader neighborhood context?
The data shows this home is very aligned with the typical Waverley Heights profile in terms of size and value. Its uniqueness is its position on a street where homes are generally larger and on bigger lots, offering a distinct value proposition within that immediate setting.

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