Property score
75.1
Good
Overall 75.1 · Larger and newer than most nearby homes
1,456 sqft (top 20%) · Built in 1979 (1 yr 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
18% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 57%Chinese · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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75.1 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: #46110973
$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
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
48 Greensboro Bay — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 308 m), 2 parks (nearest 415 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 | Top 46% | Bottom 42% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 48 Greensboro Bay, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home on Greensboro Bay presents a compelling blend of space, established neighbourhood charm, and solid value. Its primary appeal lies in its above-average living area (1,456 sqft) compared to both its immediate street and the wider Waverley Heights area, offering more interior space than many nearby homes. Built in 1979, it is newer than most comparable homes city-wide and is typical for its desirable, established street. The assessed value of $420k is above the street average, suggesting a premium for its specific location and size within Greensboro Bay.
The property suits buyers looking for a move-in ready home in a mature neighbourhood without sacrificing interior room. It’s an ideal fit for growing families or those who value space but want to avoid the upkeep of a much larger lot, as the yard is in line with neighbourhood norms. A thoughtful perspective is that this home represents a "sweet spot" on its street—it offers more house than most neighbours without pushing into the highest price tier, potentially providing better long-term value retention within a familiar community setting.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it stands out most for its living space. It ranks in the top 20% for size within Waverley Heights and top 17% on its own street, meaning you get more interior square footage than most direct neighbours. Its value and lot size are more in line with area averages.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is a starting point for taxation, not a guaranteed sale price. However, being above the street average indicates the city assesses it as a higher-value property on Greensboro Bay. Market conditions, recent upgrades, and specific home features will ultimately determine the sale price.
3. What does the year built (1979) imply for maintenance?
Built in the late 1970s, this home is past its initial build but newer than the Winnipeg city average for comparable properties. Buyers should anticipate updates common for this era, such as potential roof, window, or HVAC system replacements, but may find the core structure to be well-established and solid.
4. The lot is above average city-wide but average for the street. What does that mean?
It means you get a generous yard by Winnipeg standards, but one that is typical and proportionate for Greensboro Bay. This suggests a balanced, established streetscape where homes aren’t crowded, but the focus isn’t on exceptionally large lots.
5. Who would this home not suit?
It may not suit buyers seeking a very large, private yard or a brand-new build. Similarly, those looking for a bargain-priced entry into the area might find homes with smaller square footage at a lower price point on the same street.
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