Property score
61.3
Fair
Overall 61.3 · Smaller but newer than most nearby homes
920 sqft (bottom 13%) · Built in 1978
Located in a above-average income area with median household income of ~87k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 1 school, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
26% smaller than neighborhood avg.
Taon ng Paggawa
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
61.3 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 na bahay (hindi 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: #46110979
$87K
Median household income
$96K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
55 Gull Lake Road — 18 amenities found within 500 m, across 7 categories, including 5 dining (nearest 468 m), 1 education (nearest 353 m), 5 healthcare (nearest 251 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 3% | Bottom 4% | Bottom 23% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 55 Gull Lake Road, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Waverley Heights home presents a practical and value-conscious opportunity. Its key characteristic is its modest scale: at 920 sqft, the living area is below average for the street, neighborhood, and city, indicating a compact, efficient layout. Built in 1978, it is notably newer than many homes in its immediate area and city-wide, suggesting potentially fewer concerns with aging infrastructure found in older stock.
The appeal lies in its financial accessibility. With an assessed value significantly below area averages ($298k vs. a neighborhood average of $398k), it offers a clear entry point into a desirable community. The lot size is consistent with others on Gull Lake Road, providing standard outdoor space without extensive maintenance demands.
This property would suit first-time buyers seeking neighborhood equity over sheer square footage, downsizers looking to rightsize into a manageable, newer-built home, or pragmatic investors attracted by the below-average entry cost in a stable area. It’s a home for those who prioritize location and financial efficiency, understanding that the trade-off for the lower price is a cozier interior footprint.
Section 2: Frequently Asked Questions
1. Is the below-average living area a major drawback?
Not necessarily. While the home is compact, it efficiently provides the essentials. For the right buyer, this means lower utility costs, less upkeep, and a focused living space. It’s a practical fit rather than a sprawling one.
2. Why is the assessed value so much lower than the neighborhood average?
The assessed value reflects the home’s smaller size and likely simpler finishes compared to larger, more updated homes in Waverley Heights. This creates its value proposition, allowing purchase into the area at a lower price point.
3. What are the advantages of the 1978 build year?
Being built in 1978 is an advantage relative to many Winnipeg homes. It likely means modern wiring, standard insulation, and plumbing materials that are newer than the city-wide average, potentially reducing immediate renovation needs.
4. How does the lot size impact future potential?
At just over 4,200 sqft, the lot is typical for Gull Lake Road but smaller than the broader neighborhood average. This may limit expansive additions but is sufficient for a garden, patio, or shed, aligning with low-maintenance living.
5. Are the rankings a cause for concern?
The rankings provide context, not verdicts. They show this home offers a specific proposition: newer construction and area affordability, in exchange for less interior and land space than some neighbors. It ranks well for value, which is its core advantage.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
