Property score
57.6
Fair
Overall 57.6 · Smaller than most nearby homes
900 sqft (bottom 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: 6 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
27% smaller 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
Need help understanding this property?
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
Get the full property report
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- fullReportItemRecentNeighborhoodSold Count
Free · No credit card required
Property score
57.6 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110978
Community deep dive
$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
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
above averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
58 Lake Village Road — 12 amenities found within 500 m, across 6 categories, including 6 dining (nearest 432 m), 1 education (nearest 375 m), 2 healthcare (nearest 407 m).
Crime & Safety
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%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 16% | Bottom 45% | Top 50% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 19% | Bottom 34% |
58 Lake Village Road · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
Privacy & Commitment
Request exact sold prices and history by email
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 58 Lake Village Road, Winnipeg
Property Overview
This home at 58 Lake Village Road presents a balanced offering in Winnipeg's Waverley Heights neighborhood. Its key appeal lies in its relative value and established location. With 900 sqft of living space, the residence is slightly below the neighborhood average, suggesting a more manageable, efficient layout rather than expansive square footage. The 1977 build year is newer than most on its specific street, indicating potentially fewer age-related concerns compared to immediate neighbors. A notable point is its tax assessment value, which ranks above average for Lake Village Road, often reflecting municipal recognition of the property's condition or improvements relative to its direct peers. However, the lot size is smaller than the area norm, which translates to less yard maintenance but also less private outdoor space.
This property would suit first-time buyers or downsizers seeking an entry into a stable, established community without the upkeep of a larger house. It’s also a practical fit for investors or buyers who prioritize location and a home that is newer than its immediate street comps over having a large footprint or yard.
Frequently Asked Questions
1. How does the below-average living and land square footage actually impact daily living?
While smaller than the Waverley Heights average, the living space is very close to the average for Lake Village Road itself. This suggests the home's scale is consistent with its immediate streetscape. The smaller lot means less yard work, which can be a benefit for those seeking low-maintenance living, but limits potential for expansions or large outdoor amenities.
2. The tax assessment is high for the street but low for the area. What does this signal?
A street-level assessment that ranks above average can sometimes point to updates or a condition that the city assessor views favorably compared to neighboring homes. However, its lower ranking within the broader community indicates that, overall, it remains a more value-oriented option in Waverley Heights, which may be attractive for property tax costs.
3. The home was built in 1977. What should I be mindful of from this era?
Homes from this period may contain original components like windows, roofing, or furnaces that are nearing or past their typical lifespan. A thorough inspection is crucial. On the positive side, construction methods from this era are generally modern and may avoid some materials used in earlier or much later decades.
4. What does the ranking data tell me about resale potential?
The data shows a property with competitive strengths on its own street (newer build, higher assessment) within a broader neighborhood where it is a more modest, affordable option. This position can appeal to a similar buyer pool in the future, offering stability rather than explosive equity growth.
5. Are the "below average" comparisons a major disadvantage?
Not necessarily. Being "below average" in lot and living space for Waverley Heights is what makes this a more accessible price point within a desirable community. You are trading some square footage for the location. The key is to verify if the interior layout uses its 900 sqft efficiently to meet your needs.