42 Forest Lake Drive

Waverley Heights, Winnipeg

Property score

84.9

Excellent

Overall 84.9 · Larger than most nearby homes

2,480 sqft (top 1%) · Built in 1977 (1 yr older than avg)

Located in a high-income area with median household income of ~116k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 4 parks nearby

Living Area

Above average

100% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 9%

Past 10 years Waverley Heights sales snapshot (~80% of all data)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

84.9 is composed by the two sections below.

Property Score

88.2Excellent
Living Area96
2,480 sqftExcellent
Year Built67
1977Good
Lot Size95
9,097 sqftExcellent
Neighbourhood Sales Activity59
Fair

Community Score

80.0Excellent
Household Income90
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110975

Community deep dive

$116K

Median household income

$130K

Average household income

8%

Low income (LIM-AT)

0.4

Income inequality (Gini)

2.9

P90 / P10 ratio

4%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)386
Labour force participation rate52%
Median age40.8
Avg household size3.2
Unemployment rate12%
Population density2573 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households4%
Couple families with children41%
Median household income (2020)$116K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority38%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Chinese · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,480 sqft
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 3%
Same street · Forest Lake Drive
#2 / 32
Top 6% · Avg 1,646 sqft
Same area · Waverley Heights
#7 / 1,633
Top 1% · Avg 1,239 sqft
Citywide · Winnipeg
#5,977 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
602k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 8%
Same street · Forest Lake Drive
#1 / 32
Top 3% · Avg 481.8k
Same area · Waverley Heights
#15 / 1,633
Top 1% · Avg 398.1k
Citywide · Winnipeg
#15,120 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 19%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
9,097 sqft
0255075100
Same streetTop 9%Same areaTop 7%CitywideTop 8%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

42 Forest Lake Drive — 6 amenities found within 500 m, across 2 categories, including 2 education (nearest 267 m), 4 parks (nearest 95 m).

Search radius
🏫Education2
🌳Parks4

Crime & Safety

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%

Sales History

42 Forest Lake Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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