47 Greensboro Bay

Waverley Heights, Winnipeg

Property score

75.3

Good

Overall 75.3 · Larger and newer than most nearby homes

1,332 sqft (top 28%) · Built in 1981 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~73k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 parks, and 3 place of worships nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 57%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

75.3 is composed by the two sections below.

Property Score

73.8Good
Living Area1,332 sqft71Good
Year Built198173Good
Lot Size7,722 sqft91Excellent
Neighbourhood Sales Activity59Fair

Community Score

77.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

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: #46110973

Community deep dive

$73K

Median household income

$83K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

22%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)641
Labour force participation rate65%
Median age32.4
Avg household size2.7
Unemployment rate8%
Population density3770 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households22%
Couple families with children28%
Median household income (2020)$73K

Housing

Renter households28%
Condominium dwellings45%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority42%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

above average
1,332 sqft
0255075100
Same streetTop 34%Same areaTop 28%CitywideTop 40%
Same street · Greensboro Bay
#18 / 53
Top 34% · Avg 1,269 sqft
Same area · Waverley Heights
#450 / 1,633
Top 28% · Avg 1,239 sqft
Citywide · Winnipeg
#76,863 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetTop 13%Same areaTop 24%CitywideTop 30%
Same street · Greensboro Bay
#7 / 53
Top 13% · Avg 382.7k
Same area · Waverley Heights
#387 / 1,633
Top 24% · Avg 398.1k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

Elite
1981
0255075100
Same streetTop 2%Same areaTop 6%CitywideTop 33%

Lot Size

above average
7,722 sqft
0255075100
Same streetTop 17%Same areaTop 15%CitywideTop 12%

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

47 Greensboro Bay — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 339 m), 2 parks (nearest 466 m).

Search radius
🏫Education1
🌳Parks2
Worship3

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

Sold 5/2021CA$400k–450k
Sold price

Same street

Top 17%

Same area

Top 24%

City-wide

Top 30%

Related homes

Highlights & common questions: 47 Greensboro Bay, Winnipeg

Property Overview: 47 Greensboro Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Waverley Heights presents a compelling blend of space, value, and established character. Its key strength is its above-average land size—a 7,722 sqft lot that ranks in the top 17% on its street and offers significant outdoor potential compared to many area homes. Built in 1981, the property is notably newer than most direct neighbors, which can suggest updated infrastructure or materials. With 1,332 sqft of living space, it provides roominess in line with local expectations.

The appeal lies in its strong positional value within a mature neighborhood. The assessed value ranks highly, especially on its own street (top 13%), indicating it is perceived as a premium property in its immediate context. This isn't a sprawling estate, but a solid, above-average family home on a generous lot. It would suit buyers looking for a established community feel, who value a larger yard for gardening, recreation, or future expansion over a brand-new build. It's a practical choice for those seeking a home that stands out positively against local benchmarks without being an outlier in price or size.

Section 2: Frequently Asked Questions

1. What does the "Elite" ranking for year built mean?
It means this home (1981) is the newest among the 53 comparable properties on Greensboro Bay. This can imply potentially fewer immediate major repairs (like roof or window replacements) compared to older neighbors.

2. Is the living area smaller than the city average?
Yes, at 1,332 sqft it is slightly below the city-wide average of 1,342 sqft for similar homes. However, it is above the neighborhood average. This highlights the property's alignment with the more spacious character of Waverley Heights rather than the broader city mix.

3. The assessed value seems high for the street. Does that mean taxes are higher?
A higher assessed value relative to street peers typically does correlate with a higher property tax bill, as assessment is a key factor in that calculation. It reflects the municipality's view of this property's market value.

4. How significant is the lot size advantage?
The lot is over 1,800 sqft larger than the street average—a substantial gain of about 32%. This offers more privacy, landscaping options, and play space than many nearby properties, which is a key differentiator.

5. Do these rankings guarantee future resale value?
While not a guarantee, consistently above-average rankings in key metrics like lot size, year built, and assessed value within the neighborhood suggest the property has inherent attributes that are historically valued in the area, which can support long-term value.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.