35 West Lake Crescent

Waverley Heights, Winnipeg

Property score

64.6

Fair

Overall 64.6 · Newer than most nearby homes

1,156 sqft (top 46%) · Built in 1978

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: 2 schools, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Near average

7% 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

64.6 is composed by the two sections below.

Property Score

55.0Fair
Living Area60
1,156 sqftFair
Year Built67
1978Good
Lot Size18
2,365 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

79.0Good
Household Income79
Good
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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

Elite
1,156 sqft
0255075100
Same streetTop 4%Same areaTop 46%CitywideBottom 46%
Same street · West Lake Crescent
#2 / 46
Top 4% · Avg 1,040 sqft
Same area · Waverley Heights
#758 / 1,633
Top 46% · Avg 1,239 sqft
Citywide · Winnipeg
#105,626 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
303k
0255075100
Same streetBottom 17%Same areaBottom 9%CitywideBottom 30%
Same street · West Lake Crescent
#38 / 46
Bottom 17% · Avg 317.4k
Same area · Waverley Heights
#1,482 / 1,633
Bottom 9% · Avg 398.1k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 33%Same areaTop 18%CitywideTop 35%

Lot Size

below average
2,365 sqft
0255075100
Same streetBottom 2%Same areaBottom 4%CitywideBottom 3%

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 West Lake Crescent — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 163 m), 1 healthcare (nearest 442 m), 1 shopping (nearest 480 m).

Search radius
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks2

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 12/2021CA$300k–350k
Sold price

Same street

Top 31%

Same area

Bottom 34%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 35 West Lake Crescent, Winnipeg

Property Overview: 35 West Lake Crescent

Key Characteristics & Appeal

This 1978-built home on West Lake Crescent presents a compelling mix of location, value, and manageable scale. Its primary appeal lies in its elite street-level standing within a well-established neighborhood. While the 1,156 sqft living area is slightly above the street average, the property’s assessed value is notably below averages for both the street and the wider Waverley Heights area, suggesting a potential value opportunity for the street.

The lot size of 2,365 sqft is compact compared to most in the city, which translates to less yard maintenance—a significant plus for buyers seeking a low-maintenance lifestyle without sacrificing interior space. This combination positions the home as an efficient, well-located property. It would suit first-time buyers, downsizers, or value-conscious investors looking for a foothold in a mature neighborhood. It’s for those who prioritize a prime street location and a manageable property size over a large lot or a newly built home.

Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It primarily indicates the municipal assessment is lower than many neighbors, which can be a tax advantage. Market value is determined by sale price, not assessment, and this discrepancy may represent an opportunity.

2. What does the "elite" street ranking mean?
It means this specific street, West Lake Crescent, is highly desirable. The home ranks #2 out of 46 on its own street for living area, indicating it’s among the larger homes on this coveted block.

3. How does the smaller lot size impact me?
It offers less private outdoor space but significantly reduces maintenance time and cost. It’s ideal for those who prefer spending weekends on activities other than yard work, while still having a private patio or garden area.

4. The home was built in 1978. What should I check?
While the build year is average for the street, a professional inspection is crucial to assess the condition of major systems (roof, wiring, plumbing, HVAC) common to homes of this era, which may be nearing or past their typical lifespan.

5. How does this home fit within the wider neighborhood?
It sits on a top-tier street within a solid, established neighborhood (Waverley Heights). While its metrics are more modest compared to the broader neighborhood averages, you are purchasing the specific location and street appeal, which is a key driver of value and enjoyment.