Property score
61.8
Fair
Overall 61.8 · Smaller but newer than most nearby homes
960 sqft (bottom 18%) · Built in 1979 (1 yr newer than avg)
Located in a high-income area with median household income of ~106k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 60%Chinese · 7%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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61.8 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: #46110977
$106K
Median household income
$112K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
Single-person households
40%
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 Swan Lake Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 380 m), 1 parks (nearest 248 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 | Bottom 1% | Bottom 16% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 41 Swan Lake Bay, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home on Swan Lake Bay presents a practical opportunity in Winnipeg’s Waverley Heights neighborhood. Its key characteristic is its efficient, manageable scale. With 960 sqft of living space, the home is notably cozier than many on its street and in the wider area, suggesting a layout that prioritizes simplicity and lower maintenance over sheer size. This is balanced by a reasonably proportioned lot of just under 5,500 sqft.
The appeal lies in its solid positioning within a desirable neighborhood. While the home itself is modest in scale, its assessed value is competitive, sitting close to city and neighborhood averages. A thoughtful perspective is that its slightly newer build year (1979) compared to many city-wide homes could mean fewer immediate concerns with major aging components, offering a stable foundation. This property would ideally suit first-time buyers, downsizers, or investors seeking an entry point into a strong area without the footprint or price tag of a larger home. It’s for those who value location and lot potential over expansive finished living space.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 960 sqft, the home is below average for the street and neighborhood. It suits efficient living or those planning to expand, but buyers seeking ample, ready-made space should view the layout carefully.
2. How does the value compare?
The assessed value of $384k is below the street average but aligns closely with neighborhood and city averages. This suggests you’re paying primarily for the location and lot, with the home itself priced accordingly for its size.
3. What does the lot size offer?
The 5,499 sqft lot is slightly below the street average but typical for the area. It provides good outdoor space for a garden, patio, or future additions, which is a key asset given the home’s smaller interior.
4. Is the 1979 build date a concern?
Not inherently. It’s around average for the street and actually newer than many Winnipeg homes. The focus should be on the specific condition and updates of major systems (roof, windows, HVAC) common to that era.
5. Who typically lives on this street?
The data shows a street of primarily larger, higher-valued homes. This means you’d be in an established area, though your property would be one of the more modest on the block.
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