Property score
64.6
Fair
Overall 64.6 · Newer than most nearby homes
1,156 sqft (top 46%) · Built in 1978
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, 1 shop, and 2 parks nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Above average
0 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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64.6 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 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 West Lake Crescent — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 171 m), 1 healthcare (nearest 437 m), 1 shopping (nearest 475 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 17% | Bottom 10% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 41 West Lake Crescent presents a compelling, efficient package within Winnipeg's Waverley Heights neighborhood. Its primary appeal lies in its generous and well-above-average living space of 1,156 sq ft, which ranks in the top 4% on its own street. This is paired with a relatively modest assessed value of $327k, which is above the street average but notably below the broader neighborhood average. This combination suggests strong value for the interior space offered.
The property is best suited for buyers who prioritize interior square footage and modernized living areas over expansive outdoor land. The lot size is compact compared to most in the area and city, making it ideal for those seeking lower-maintenance outdoor space. It’s a strong match for first-time move-up buyers, downsizers looking for ample room without a large yard, or value-oriented investors attracted by the street-level prestige and efficient footprint. A thoughtful perspective is that this home represents a "smart spend" on the interior living experience within a desirable street, while the yard offers manageable upkeep.
Frequently Asked Questions
1. Is the living area truly larger than most homes nearby?
Yes. With 1,156 sq ft, this home's living area is significantly larger than the average (1,040 sq ft) on West Lake Crescent itself, placing it in the elite top 4% on the street.
2. Why is the assessed value below the neighborhood average?
The assessed value of $327k is below the Waverley Heights average of $398.1k. This is likely influenced by the home's more compact lot size, which is a key factor in valuation, potentially offering a cost-effective entry point to the area.
3. What does the lot size mean for me practically?
At 2,431 sq ft, the lot is smaller than most in the neighborhood and city. This means less yard maintenance and gardening, but also limited space for extensive additions, pools, or very large private gardens.
4. How does the home's age compare?
Built in 1978, it is perfectly average for its immediate street and slightly newer than the citywide average. In the broader Waverley Heights context, its construction year ranks above average (top 18%), suggesting it aligns well with the neighborhood's established period.
5. Where does this property offer the most value?
The standout value is in the proportion of indoor living space relative to its price on a premium street. You are acquiring a home with superior interior space for its immediate locale, while the smaller lot helps maintain a manageable price point and upkeep.
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