Property score
78.4
Good
Overall 78.4 · Larger but older than most nearby homes
1,760 sqft (top 9%) · Built in 1974 (4 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 2 schools, 7 healthcare facilitys, and 3 parks nearby
Living Area
Above average
42% larger than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 62%Punjabi · 6%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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78.4 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: #46111191
$100K
Median household income
$98K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
Single-person households
26%
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
49 Lakeland Place — 19 amenities found within 500 m, across 6 categories, including 5 dining (nearest 317 m), 2 education (nearest 370 m), 7 healthcare (nearest 356 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 1% | Top 32% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Lakeland Place, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home at 49 Lakeland Place presents a compelling blend of space, value, and location. Its primary appeal lies in its generous, above-average lot size of over 10,600 sqft—a standout feature that ranks within the top 5% city-wide and top 3% in the desirable Waverley Heights neighborhood. This offers significant outdoor potential, from gardening to expansion. The living area (1,760 sqft) is comfortably above both neighborhood and city averages, providing ample room for family life.
While the home itself is typical for its street in terms of size, age, and assessed value, its true context is revealed at the neighborhood level. Here, it holds an "elite" ranking for assessed value (top 4%), indicating it is perceived as a premium property within a highly regarded area. This suggests you're buying into a solid, established community where this property is a strong performer.
This home would suit buyers looking for a established neighborhood character with a premium lot size, who value space and long-term location stability over a brand-new build. It’s ideal for those who see potential in the land itself—whether for outdoor enjoyment, future landscaping projects, or simply the privacy and room that a larger lot affords.
Section 2: Frequently Asked Questions
1. How does this property really compare to others in the area?
While it's average among its immediate neighbors on Lakeland Place, it stands out significantly within the broader Waverley Heights community, particularly for its lot size and assessed value. You're getting a property that is a high-tier offering in a sought-after neighborhood.
2. The home was built in 1974. What should I consider?
This is a classic era for solid construction in the area. While systems like roofing, windows, and HVAC may be due for updates or replacement, the build quality is typically robust. A thorough inspection is key to budgeting for any modernizations.
3. What does the "elite" assessed value ranking mean for me?
It primarily confirms the property's strong standing and desirability within the neighborhood, which is positive for long-term value. For property taxes, the assessed value of $539k is a key input, so you can estimate annual taxes accordingly.
4. The lot is a major feature. What are the possibilities?
Beyond a large backyard, a lot of this size (over a quarter-acre) offers flexibility. It could accommodate additions like a sizable deck, workshop, or pool, or simply provide generous green space and privacy rarely found in newer subdivisions.
5. Is the living space sufficient for a growing family?
At 1,760 sqft, the home is larger than the average Winnipeg home and significantly above the Waverley Heights average. It provides a solid foundation for a family, with the lot size offering valuable "overflow" space for play and recreation that interior square footage alone doesn't provide.
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