Property score
71.1
Good
Overall 71.1 · Older than most nearby homes
1,176 sqft (top 44%) · Built in 1975 (3 yrs older than avg)
Located in a high-income area with median household income of ~104k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 59%Chinese · 10%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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71.1 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: #46110976
$104K
Median household income
$125K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
13%
Single-person households
37%
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 Providence Place — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 105 m), 3 parks (nearest 218 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 20% | Top 40% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 50 Providence Place, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,176 sqft home, built in 1975, presents a practical and value-conscious opportunity in the Waverley Heights neighborhood. Its core appeal lies in its position as a competitively priced entry point into a well-established area. With an assessed value below the street average but aligning with broader neighborhood and city averages, it offers a chance to secure a home on a desirable street without the premium price tag of some larger lots on the block.
The home suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with solid fundamentals. A thoughtful perspective is that while the living and land areas are modest for Providence Place itself, they are quite typical for the wider community, suggesting you're buying into the neighborhood's amenities and character rather than an oversized property. Notably, it is one of the newer homes on its specific street, which can be an advantage for systems and upkeep. This is a property for those who prioritize location and value over sheer size, understanding that the investment is in the land and community as much as the structure.
Section 2: Frequently Asked Questions
1. Is the below-average living area for the street a major concern?
Not necessarily. While smaller than some neighbors on Providence Place, the home's size is actually around the average for both the Waverley Heights neighborhood and Winnipeg overall. It indicates the street has a mix of home sizes, with this property representing a more efficient, manageable footprint.
2. What does the assessed value ranking tell me?
The assessed value ($396k) is below the street average but aligns closely with the neighborhood average. This often suggests the property is priced accessibly for the area, potentially offering good value. It's a key metric for understanding your potential property taxes relative to nearby homes.
3. The home is listed as newer on its street but older in the neighborhood. Why?
This property was built in 1975, which is the newest year built on its block of Providence Place (ranked 1 out of 15). However, when compared to the entire Waverley Heights area, which includes many newer subdivisions, it falls below that wider average. This highlights the mature, established nature of this particular pocket within the neighborhood.
4. How should I interpret the land size?
At 5,828 sqft, the lot is smaller than others on Providence Place but is near the average for the city. This typically means lower exterior maintenance and a more compact yard—a plus for some, but a consideration for those wanting extensive outdoor space.
5. Who would this property not be suited for?
Buyers seeking a large, expansive lot or a home significantly above average in size for their immediate street may want to look elsewhere. It's also less likely to suit those prioritizing a brand-new construction environment, as it's in a mature part of Waverley Heights.
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