Property score
67.9
Good
Overall 67.9 · Older than most nearby homes
1,262 sqft (top 32%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~64.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 1 school, 11 healthcare facilitys, and 2 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 41%Chinese · 30%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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67.9 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: #46111254
$65K
Median household income
$81K
Average household income
28%
Low income (LIM-AT)
0.3
Income inequality (Gini)
7.8
P90 / P10 ratio
24%
Single-person households
18%
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
5 Salem Place — 22 amenities found within 500 m, across 5 categories, including 7 dining (nearest 143 m), 1 education (nearest 433 m), 11 healthcare (nearest 150 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 21% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 5 Salem Place in Waverley Heights presents a compelling mix of space, value, and location. Its key appeal lies in its exceptionally large lot—over 11,500 sqft—which places it in the top 4% of all Winnipeg properties for land size. This offers rare potential for gardening, expansion, or simply enjoying generous outdoor privacy within the city. The living space of 1,262 sqft is practical and aligns closely with area averages. Built in 1974, it is typical for its immediate street but is actually older than many homes in the wider Waverley Heights community, suggesting a well-established streetscape. The property’s tax assessment value is higher than the community and city averages, which can indicate perceived value but also factors into annual costs.
This property would suit buyers who prioritize land over sheer interior square footage. It’s ideal for someone looking for a solid family home with room to grow outdoors, or for a buyer with a vision for future landscaping, a workshop, or an addition. It also represents a middle-ground option on its street, offering a balance between the lot size of more premium homes and the assessed value of others.
Frequently Asked Questions
1. How does the lot size compare to a typical city property?
The lot is a standout feature. At 11,506 sqft, it is nearly double the average lot size in both Waverley Heights and across Winnipeg, placing it in the top 2-4% of properties.
2. Is the house newer or older than others in the area?
Built in 1974, it is precisely the average age on its own street. However, within the broader Waverley Heights community, it is older than the average home, ranking in the top 93% (meaning 93% of area homes are newer).
3. What does the tax assessment ranking tell me?
The assessment of $434,000 is higher than the average for both the community and the city, ranking in the top 28-31%. This suggests the municipal assessment views it favorably relative to others, which influences property taxes.
4. Is the living space larger or smaller than nearby homes?
At 1,262 sqft, the living area is slightly below the average for its specific street but is very close to the average for the Waverley Heights community as a whole.
5. How does this property balance its different features?
The home offers a trade-off: it has a premium-sized lot and a solid assessment value, paired with a living space that is functional but not oversized for the area. Its appeal is in the land and established location, rather than in having the newest or largest house on the block.
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