Property score
76.7
Good
Overall 76.7 · Larger than most nearby homes
1,780 sqft (top 9%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~83k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
44% larger than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 56%Punjabi · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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76.7 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: #46110978
$83K
Median household income
$79K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
22%
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
50 Lakedale Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 416 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 33% | Top 35% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 50 Lakedale Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Lakedale Place in Waverley Heights presents a compelling blend of above-average space and established value. Its primary appeal lies in its generous 1,780 sqft living area, which ranks within the top quarter of homes on its street and the top 10% within the wider neighborhood. This suggests a home that offers more interior room than most in the area without being an outlier. Built in 1977, it is typical for its immediate street but is a newer construction compared to the Winnipeg citywide average, potentially indicating fewer age-related concerns than many city homes.
The assessed value of $452k is consistently above average at every level—street, neighborhood, and city—reinforcing its perceived worth in the market. A thoughtful perspective is that while the lot size is average for the city and neighborhood, it is somewhat smaller than the typical lot on Lakedale Place itself. This creates an interesting dynamic: you get a larger-than-average house on a manageable, standard-sized parcel, which could appeal to those who prioritize interior space over extensive yard maintenance.
This property would best suit buyers looking for a well-sized, established home in a mature neighborhood. It’s ideal for someone who values space and a solid investment profile over a brand-new build or a very large garden. The numbers suggest a home that is both a comfortable living space and a competitively positioned asset within its community.
Section 2: Frequently Asked Questions
1. Is the living space truly larger than most comparable homes?
Yes. The 1,780 sqft living area is notably above the neighborhood average (1,239 sqft) and the city average (1,342 sqft), placing it in the top 9% of homes in Waverley Heights for interior space.
2. How does the lot size compare to others on the street?
The lot is 5,996 sqft, which is smaller than the street average of 8,071 sqft. This means the home sits on a more standard, manageable lot compared to some larger properties on Lakedale Place, but it is still very typical for the wider neighborhood and city.
3. What does the assessed value tell us?
An assessed value of $452k, which is above average at every comparison level, indicates the property is consistently valued higher than many peers. This often reflects factors like its size, condition, and location, and can be a marker of stable or strong market perception.
4. Is a 1977-built home considered old?
While it’s a 46-year-old home, the data shows it was built in the same average year as others on its street and is actually newer than the Winnipeg citywide average for comparable homes (1966). It represents a mature, established property rather than an exceptionally old one in the broader context.
5. How does this home rank overall in its area?
It ranks very well for living space (top 9% in the neighborhood) and assessed value (top 19% in the neighborhood). Its age is typical on the street, and its lot size is average for the area. The overall profile is of a home that excels in interior size and value, with other characteristics being standard for the location.
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