Property score
62.1
Fair
Overall 62.1 · Smaller but newer than most nearby homes
936 sqft (bottom 16%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 1 school, 6 healthcare facilitys, and 3 shops nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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62.1 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: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
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.
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
58 Gull Lake Road — 21 amenities found within 500 m, across 7 categories, including 7 dining (nearest 436 m), 1 education (nearest 410 m), 6 healthcare (nearest 200 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 19% | Bottom 11% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 58 Gull Lake Road, Winnipeg
Section 1: Key Characteristics & Appeal
This 936 sqft bungalow, built in 1978 on a 4,453 sqft lot, presents a practical and value-conscious opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its relative affordability and efficient footprint. With an assessed value significantly below the local area averages, it offers a more accessible entry point into a established community. The home’s living area is modest but functional, ranking as a typically-sized property on its own street, which suggests it fits the scale of the immediate area.
This property would suit first-time buyers, downsizers, or investors seeking a lower-maintenance home without sacrificing location. It’s a pragmatic choice for those who prioritize financial efficiency and a manageable yard over sheer size. A thoughtful perspective is that its below-average metrics for the wider neighborhood might actually be an advantage; it represents a chance to own in the area without paying the premium for larger, more modern homes, offering potential for personalization and value growth over time.
Section 2: Frequently Asked Questions
1. Is the smaller living area a disadvantage?
Not necessarily. While below the neighborhood average, the home’s size is very typical for Gull Lake Road itself. This can mean lower utility costs, less upkeep, and a cozier, more efficient layout, which is ideal for smaller households.
2. Why is the assessed value notably lower than area averages?
The assessed value reflects factors like the home’s size, age, and features relative to others. Its value ranking higher (84th percentile) on its own street than in the city (71st percentile) suggests it is priced appropriately for its immediate context, offering a value proposition within Waverley Heights.
3. What does the "Above Average" year built ranking for the neighborhood mean?
In the Waverley Heights context, a 1978 build is newer than many homes (ranking in the top 18%). This indicates the structure may be relatively younger than many in the broader area, potentially meaning fewer immediate major age-related updates.
4. Is the lot size a concern?
The lot is very standard for Gull Lake Road but smaller than many in Waverley Heights. This translates to less yard maintenance—a plus for those seeking ease—while still providing private outdoor space.
5. How should I interpret these rankings?
The rankings compare this home to similar properties at three levels: its street, neighborhood, and city. They highlight that this is a competitively priced, average-sized home for its specific street, positioned as a more affordable option within the desirable wider neighborhood.
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.
