Property score
61.3
Fair
Overall 61.3 · Smaller but newer than most nearby homes
908 sqft (bottom 9%) · 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
27% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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)
627
415k
$333/sqft
1978
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61.3 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
40 West Lake Crescent — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 230 m), 1 healthcare (nearest 371 m), 2 shopping (nearest 408 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 14% | ਟਾਪ 50% | ਟਾਪ 48% |
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 34% | ਹੇਠਲੇ 13% | ਹੇਠਲੇ 29% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 40 West Lake Crescent
Section 1: Key Characteristics & Appeal
This well-situated home at 40 West Lake Crescent presents a compelling blend of value, a desirable location, and efficient use of space. Its key appeal lies in its strong positioning within its immediate streetscape, offering a newer build and a larger-than-average lot for the street. Built in 1979, it is the newest home on West Lake Crescent, suggesting potentially fewer immediate concerns with major aging components compared to neighbors.
While the living area (908 sqft) is modest compared to broader neighborhood and city averages, this translates to a focused and manageable layout, likely with lower utility and maintenance costs. The assessed value ranks highly on its own street, indicating the property is perceived as a premium offering in its direct peer group. This home would perfectly suit first-time buyers, downsizers, or investors seeking a lower-maintenance property in the established Waverley Heights area. It’s for those who prioritize location and lot size over sheer interior square footage, and who see the value in a home that stands out on its own block for its newer vintage and generous parcel.
Section 2: Frequently Asked Questions
1. Is the living space too small?
The home’s living area is below average for the wider neighborhood and city. However, it is efficiently sized for a couple or small family and offers a larger-than-standard lot for its street, providing valuable outdoor space that many newer homes lack.
2. Why is the assessed value high for the street?
Ranking 8th highest out of 46 on the street, the assessment likely reflects the home’s status as the newest build (1979), its larger lot size, and its overall condition and appeal relative to its direct neighbors.
3. What does the lot size mean for me?
At over 4,200 sqft, the lot is significantly larger than the street average. This offers excellent potential for gardening, outdoor living, and future expansion (subject to permits), which is a notable advantage on this crescent.
4. How does the "newer" 1979 build year affect the home?
Being the newest on the street suggests systems (like plumbing and electrical) may be relatively more modern. However, a 45-year-old home will still require due diligence; the key point is its comparative advantage on this specific block.
5. Is this a good value for Waverley Heights?
This property represents a specific value proposition. You are acquiring a top-tier home for this specific street—with a newer build and great lot—at an assessed value that is still below the overall neighborhood average, potentially offering an entry point into the area.
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