Property score
86.6
Excellent
Overall 86.6 · Larger and newer than most nearby homes
2,091 sqft (top 2%) · Built in 1997 (19 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 11 healthcare facilitys, and 1 shop nearby
Living Area
Above average
69% larger than neighborhood avg.
Taon ng Paggawa
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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86.6 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 na bahay (hindi 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: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
40 High Lake Bay — 18 amenities found within 500 m, across 6 categories, including 1 dining (nearest 448 m), 1 education (nearest 118 m), 11 healthcare (nearest 373 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 20% | Top 3% | Top 10% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 40 High Lake Bay, Waverley Heights
Section 1: Key Characteristics & Appeal
This home at 40 High Lake Bay is a standout property defined by its generous proportions and established prestige within the highly desirable Waverley Heights neighborhood. Built in 1997, it offers modern construction while being situated on a mature, spacious lot of nearly 9,600 sqft.
The primary appeal lies in its consistent top-tier ranking across key metrics. With over 2,090 sqft of living space, it sits in the top 2% of homes in its neighborhood for size. Its assessed value of $560K similarly places it in the top 3% locally, signaling a premium property in an already premium area. This isn't just a large home; it's a notably larger and more valuable home than most in its immediate vicinity, offering a rare combination of ample indoor and outdoor space.
This property would ideally suit buyers looking for a established, high-quality home in a sought-after community, who value space and a proven investment profile. It appeals to those who want more than the neighborhood average—whether that's a larger backyard, more square footage, or a higher-caliber asset—without venturing into custom estate territory. It’s a smart choice for someone seeking a "best-in-class" property within a known and respected area, rather than a pioneering project in a transitioning one.
Section 2: Frequently Asked Questions
1. What does the "Elite" neighborhood ranking truly mean?
It means this home's living area and assessed value are in the top 1-3% of all 1,633 comparable properties in Waverley Heights. You're not just buying into the neighborhood; you're acquiring a property that is statistically among the largest and most valuable within it.
2. The home was built in 1997. What should I consider?
A 1997 build is newer than over 99% of comparable homes in Waverley Heights. This suggests major systems (roof, HVAC, windows) are likely more recent than neighborhood norms but are now entering a key maintenance period. Their condition and updates will be a crucial focus.
3. How does the lot size compare?
At 9,584 sqft, the lot is about 40% larger than the average on its own street and 60% larger than the Waverley Heights average. This offers significant privacy, landscaping potential, and space that is increasingly rare, even in established areas.
4. The assessed value is high for the street. Is that a concern?
The $560K assessment is above the street average of ~$504K, reflecting its larger size and premium positioning. This typically indicates a stronger potential resale value but can also correlate with proportionately higher property taxes.
5. Is this home a good value relative to its size and area?
The data suggests a strong correlation between its above-average size, land, and its above-average value. You are paying a premium for a premium asset. The value question hinges on the condition and updates inside, as the statistics confirm the underlying "bones" and location are top-tier.
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