80.0
Excellent
Property score
80.0
Excellent
Overall 80.0
Larger and newer than most nearby homes
1,580 sqft (top 16%)
Built in 1978
Located in a high-income area
with median household income of ~104k
Transit 70.0
7-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
28% larger than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 59%Chinese · 10%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
80.0 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: #46110976
$104K
Median household income
$125K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
13%
Single-person households
37%
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
47 Lakepointe Road — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 268 m), 2 parks (nearest 235 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 11% | Bottom 39% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 47 Lakepointe Road, Waverley Heights, Winnipeg
This home presents a compelling blend of space, a well-established setting, and balanced value. Its primary strength is its generous 1,580 sqft living area, which ranks well above average for both its immediate street and the wider Waverley Heights neighborhood. Built in 1978, it is notably newer than many homes in the area, offering a potential advantage in terms of modern building standards and systems for its vintage. The lot size is also a significant asset, providing ample outdoor space that exceeds neighborhood norms.
The appeal lies in its balanced and above-average positioning across multiple metrics. It offers more interior space and a larger yard than most comparable local properties, without a corresponding premium in its assessed value, which aligns with area averages. This creates a value proposition for buyers seeking a spacious, established home in a mature neighborhood. It would particularly suit growing families or those looking to upgrade their living space without moving to a newer, more peripheral suburb, as well as buyers who appreciate a generous private lot.
A thoughtful perspective is that this property represents a "steady performer" rather than an outlier. Its consistent above-average rankings in physical attributes (size, lot, age), paired with an average assessed value, suggest it's a solid, grounded opportunity in the market, not a fixer-upper or a luxury listing. It’s a home that prioritizes practical space and established community over flashy extremes.
1. Is the assessed value a good indicator of the listing or sale price?
The assessed value is for municipal tax purposes and is typically a benchmark. This home's assessed value is aligned with local averages, but the final sale price will be determined by the current market, condition, and specific features.
2. What does it mean that the home is "newer" (1978) for the area?
In this mature neighborhood, a 1978 build date is a relative advantage. It may mean updates to plumbing, electrical, or insulation that align with more modern codes compared to older homes, potentially reducing immediate renovation needs.
3. How significant is the larger-than-average lot size?
At 6,684 sqft, the lot provides valuable outdoor space for gardening, recreation, or future additions like a deck or shed. It offers more privacy and flexibility than many lots in the area, which is a premium in established neighborhoods.
4. The living area ranks higher than the value. Does that mean it's undervalued?
Not necessarily. It highlights that the home offers more interior space per dollar compared to many peers in the area. This metric suggests a key feature of the property is its spacious layout relative to its market value.
5. Are there any obvious concerns based on this data?
The data shows physical attributes but not condition. A home from 1978 will likely have components, such as the roof, windows, or major systems, that are nearing or due for replacement based on their lifespan. A thorough inspection is essential.
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.
