Property score
64.9
Fair
Overall 64.9 · Compared with neighbourhood average
1,080 sqft (bottom 37%) · Built in 1977 (1 yr older than avg)
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: 1 school, 1 healthcare facility, 1 park, and 1 government office nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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64.9 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 houses (non-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: #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.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
41 Lake Village Road — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 335 m), 1 healthcare (nearest 487 m), 1 parks (nearest 249 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 35% | Bottom 31% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 5% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 41 Lake Village Road
Section 1: Key Characteristics & Appeal
This 1,080 sqft bungalow, built in 1977, presents a compelling opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its strong positioning within its immediate community on Lake Village Road. The home offers an above-average living area and a larger-than-typical lot (4,358 sqft) for its specific street, suggesting good interior space and valuable outdoor room relative to its closest neighbors. With an assessed value below the neighborhood average, it represents a more accessible entry point into the area.
The property suits practical buyers looking for a solid, well-sized home in an established area without paying the full neighborhood premium. It’s ideal for someone who values street-level community character over broader area status. A thoughtful perspective is that this home is a "street standout" in key metrics like size and lot, yet is priced below the wider area's norm, potentially offering a value proposition for a buyer who plans to stay and invest in updates over time.
Section 2: Frequently Asked Questions
Q: How does this home’s size really compare to others?
A: At 1,080 sqft, it is notably larger than the average home on Lake Village Road (936 sqft), making it spacious for its immediate setting. It is close to the Waverley Heights neighborhood average but slightly below the citywide average for comparable properties.
Q: Why is the assessed value below the neighborhood average?
A: The assessed value of $302k is below the Waverley Heights average ($398.1k). This can be due to a variety of factors, including the home’s specific condition, features, and its valuation relative to other, potentially larger-lotted or renovated homes in the broader neighborhood.
Q: Is the lot size a pro or a con?
A: It depends on priority. The lot is significantly larger than the street average, a big plus for privacy and outdoor space on Lake Village Road. However, it is smaller than the typical lot in the wider Waverley Heights area, so it may not fit someone seeking a very large yard by neighborhood standards.
Q: What does the year built (1977) indicate?
A: Built in 1977, this home is newer than most on its street and is right around the average for its neighborhood and city. This suggests it likely benefits from modernizations common to its era while still being part of Winnipeg’s established housing stock.
Q: Who would this property suit best?
A: It’s an excellent fit for first-time buyers, downsizers, or value-focused investors seeking a well-sized home in a stable area. It’s particularly suited to buyers who prioritize the character and scale of a specific street and see potential in a property that stands out positively within its most direct comparison group.
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