Property score
57.0
Fair
Overall 57.0 · Smaller but newer than most nearby homes
800 sqft (bottom 3%) · Built in 1979 (1 yr newer than avg)
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: 2 schools, 1 healthcare facility, 2 shops, and 2 parks nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
35% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Above average
1 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
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57.0 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
56 West Lake Crescent — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 234 m), 1 healthcare (nearest 372 m), 2 shopping (nearest 410 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 45% | ਹੇਠਲੇ 16% | ਹੇਠਲੇ 31% |
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 3% | ਹੇਠਲੇ 7% | ਹੇਠਲੇ 25% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Summary: 56 West Lake Crescent
Section 1: Key Characteristics & Appeal
This well-situated home on West Lake Crescent in Waverley Heights presents a compelling opportunity for specific buyers. Its key characteristic is efficiency: at 800 sqft, the living space is notably compact compared to area averages, placing it in the top tier for smaller footprints locally. This is balanced by a lot size typical for its immediate street and an assessed value that aligns with the direct neighborhood average, suggesting a fair and established valuation.
The appeal lies in its modern foundation and manageable scale. Built in 1979, it is one of the newest homes on its street, potentially implying fewer immediate concerns with major aged components. This is a home for buyers seeking a lower-maintenance footprint without sacrificing location. It would suit first-time buyers, downsizers, or investors looking for a solid, entry-level property in a desirable neighborhood. The data suggests you are paying primarily for the location and a newer structure, not for abundant square footage, making it a pragmatic choice for those who value efficiency over size.
Section 2: Frequently Asked Questions
1. Is the living area too small?
It is significantly smaller than the neighborhood and city averages. This is the defining trade-off. It will suit those who prioritize easy maintenance and lower utility costs, but may not work for those needing ample room for a growing family or dedicated workspaces.
2. What does the assessed value tell us?
Its value is average for its own street but below the wider neighborhood average. This often indicates a home that is physically consistent with its immediate neighbors, with the value difference primarily reflecting its smaller size compared to larger homes in the broader Waverley Heights area.
3. Does being a newer build (1979) mean major systems are updated?
Not necessarily. While the structure itself is newer than most on the block, major systems like the roof, furnace, or windows could still be at or beyond their typical lifespan. Age is a relative advantage, but a thorough inspection remains essential.
4. How does the lot size impact potential?
The lot is consistent with others on West Lake Crescent but is smaller than many in the wider neighborhood. This limits potential for large additions or sprawling outdoor spaces, but is typical for the immediate area and may contribute to a lower-maintenance yard.
5. Who is this property not for?
It is likely not ideal for buyers seeking a "forever home" with room to grow, those who regularly entertain large groups, or anyone who feels constrained by compact living spaces. Its strengths are best matched to a specific, efficiency-minded lifestyle.
