Property score
65.5
Good
Overall 65.5 · 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
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
65.5 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
47 West Lake Crescent — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 179 m), 1 healthcare (nearest 433 m), 1 shopping (nearest 471 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 10% | Bottom 8% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 47 West Lake Crescent presents a compelling mix of above-average living space within a well-established setting. Its primary appeal lies in its efficient use of a smaller lot to deliver a spacious 1,156 sqft interior, which ranks exceptionally well on its own street. Built in 1978, the house is typical for the immediate area but is notably newer than many homes in the broader Waverley Heights community. The property’s assessed value for taxes is below the community average, which could indicate a relative value opportunity or reflect the smaller land size. The lot itself is compact, significantly smaller than typical for both the neighbourhood and the city, which suggests lower maintenance but less private outdoor space.
This property would suit a buyer prioritizing interior space over yard size, such as a small family or professionals who value a larger living area without the upkeep of a big garden. It’s also a practical choice for those looking in the Waverley Heights area but seeking a point of entry with a potentially lower tax assessment than surrounding properties.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
The living area is a key strength. At 1,156 sqft, it is significantly larger than the average home on West Lake Crescent (1,040 sqft) and is ranked in the top 4% on the street. It is very close to the average for the wider Waverley Heights community.
2. Is the property tax assessment typical for the area?
The assessed value for taxes is below the average for the Waverley Heights community. While it is near the average for its specific street and the city overall, it ranks in the top 83% for the community (meaning 83% of homes have a higher assessment), which may be a positive for ongoing tax costs.
3. What should I know about the lot size?
The land area is compact at 2,534 sqft. It is smaller than most lots on the street and significantly smaller than the average for both the community and Winnipeg. This means less exterior maintenance but also limits expansive landscaping, privacy, or large outdoor additions.
4. How does the build year affect this home?
Built in 1978, the home is of a typical vintage for its immediate street and is actually newer than many homes in the Waverley Heights area, ranking in the top 18% for the community. Buyers should anticipate updates and maintenance consistent with a home of this age.
5. What do these rankings actually tell me?
They provide context against different geographic circles. For example, this home’s living space is outstanding on its street, average in its community, and slightly below average city-wide. The tax assessment is average on its street but below average in the community, highlighting how value perceptions can shift based on the comparison pool.
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.
