36 West Lake Crescent

Waverley Heights, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Smaller but newer than most nearby homes

828 sqft (bottom 6%) · Built in 1979 (1 yr newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

1 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

57.7 is composed by the two sections below.

Property Score

43.5Low
Living Area828 sqft32Low
Year Built197967Good
Lot Size4,355 sqft53Fair
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
828 sqft
0255075100
Same streetBottom 13%Same areaBottom 6%CitywideBottom 11%
Same street · West Lake Crescent
#40 / 46
Bottom 13% · Avg 1,040 sqft
Same area · Waverley Heights
#1,539 / 1,633
Bottom 6% · Avg 1,239 sqft
Citywide · Winnipeg
#173,363 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
350k
0255075100
Same streetTop 4%Same areaBottom 28%CitywideBottom 46%
Same street · West Lake Crescent
#2 / 46
Top 4% · Avg 317.4k
Same area · Waverley Heights
#1,183 / 1,633
Bottom 28% · Avg 398.1k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

Elite
1979
0255075100
Same streetTop 2%Same areaTop 12%CitywideTop 34%

Lot Size

above average
4,355 sqft
0255075100
Same streetTop 15%Same areaBottom 24%CitywideBottom 31%

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

36 West Lake Crescent — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 231 m), 1 healthcare (nearest 371 m), 2 shopping (nearest 409 m).

Search radius
🏫Education2
🏥Healthcare1
🛒Shopping2
🌳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 8/2019CA$250k–300k
Sold price

Same street

Top 45%

Same area

Bottom 19%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 36 West Lake Crescent, Winnipeg

Property Overview

This home at 36 West Lake Crescent presents a distinct profile defined by its strong value positioning and efficient layout. Its appeal lies not in sheer size, but in a balanced offering that prioritizes lot size and tax assessment value within its immediate neighborhood. Built in 1979, it is a well-maintained property for its era.

Key Characteristics & Ideal Buyer

The property’s 828 sqft living space is notably below the average for its street, community, and the city of Winnipeg. This indicates a compact, efficiently designed home, likely suited for individuals, couples, or small families who prioritize manageable space and lower utility costs. The standout feature is its generous 4,355 sqft lot, which is larger than most on West Lake Crescent, offering valuable outdoor space and potential.

Its strongest financial advantage is the property tax assessment. Valued at $350,000 for tax purposes, it ranks in the top 4% on its street—significantly higher than the street average. This suggests the municipality recognizes substantial value here, which, while leading to a proportionately higher tax bill, often correlates with strong resale value and desirability within the micro-market of the street itself.

This home would best suit a value-conscious buyer who understands local dynamics. It’s ideal for someone looking for a solid entry into the established Waverley Heights community, who values a larger yard over a larger house, and who interprets the high street-level tax assessment as a sign of underlying property worth rather than just an expense.


Frequently Asked Questions

1. Is the living space too small?
At 828 sqft, the home is compact. It’s significantly smaller than averages for the area, so it’s best for those comfortable with efficient living. The trade-off is a larger-than-average lot for the street.

2. Why is the tax assessment so high compared to the street average?
Ranking in the top 4% on the street at $350,000, this high assessment suggests the municipal evaluator sees exceptional value in this specific property relative to its neighbors, potentially due to lot size, condition, or improvements.

3. How does the lot size compare?
The 4,355 sqft lot is a key asset, ranking in the top 15% on West Lake Crescent. It provides more outdoor space than most nearby properties, which is a significant advantage.

4. Is a 1979-built home a concern?
The build year is typical for the area. Its ranking shows it is among the newer homes on its street. A thorough inspection is always recommended to understand the condition of major systems and any updates.

5. What does the ranking data actually tell me?
The rankings compare this home against others on its street, in Waverley Heights, and across Winnipeg. They highlight where it excels (lot size, tax value on its street) and where it is modest (living space), providing a clear, relative snapshot beyond just the raw numbers.

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.