Property score
61.3
Fair
Overall 61.3 · 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 ~87k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 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 · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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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 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: #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.
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
59 Lake Village Road — 10 amenities found within 500 m, across 6 categories, including 4 dining (nearest 444 m), 1 education (nearest 390 m), 2 healthcare (nearest 445 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 | Top 4% | Top 48% | Top 47% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 4% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Lake Village Road, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 59 Lake Village Road presents a compelling mix of established community living and relative value. Built in 1977, its construction year is newer than most on its street and aligns with the neighbourhood average, suggesting a period of reliable build quality. With 900 sqft of living space, it offers a manageable footprint that is very typical for Lake Village Road itself, though more compact compared to the broader Waverley Heights area and the city overall. This makes it an efficient layout, likely suited for smaller households.
The property’s standout feature is its tax-assessed value of $317,000. It ranks significantly above the street average, indicating it is perceived as a higher-value home within its immediate micro-area. However, this assessment sits below the averages for both Waverley Heights and Winnipeg, positioning it as a potentially more accessible entry point into a desirable community. The lot size of 4,136 sqft follows a similar pattern: it’s on par with its street but smaller than the neighbourhood norm, offering lower maintenance without sacrificing private outdoor space.
This home’s appeal lies in its balance. It suits first-time buyers or downsizers seeking a well-located, lower-maintenance property without the premium often attached to larger lots and homes in the area. It’s a practical choice for someone who values the Waverley Heights address and a home that is newer than many in the city, but prioritizes financial efficiency and a manageable scale over maximum square footage. A thoughtful perspective is that its above-street-average assessment on a standard-sized lot could signal better-than-average finishes or condition for the row, making it a smart comparative buy within its most direct competitive set.
Section 2: Frequently Asked Questions
1. Is the living space too small compared to the neighbourhood?
While the 900 sqft is below the Waverley Heights average, it is almost exactly the average for Lake Village Road itself. This means the home’s size is typical and functional for its specific street, which may consist of similar, efficient housing styles.
2. Why is the tax assessment high for the street but lower for the area?
The assessment suggests this property is valued highly among its immediate neighbours on Lake Village Road, possibly due to updates, condition, or specific attributes. The lower ranking versus the wider area reflects that Waverley Heights as a whole contains many larger, higher-value homes, making this a more moderately priced option within the community.
3. What does the 1977 build year imply?
Homes from this era often benefit from modernized electrical systems and insulation compared to much older stock, while still featuring established neighbourhoods and mature landscaping. It’s a solid, middle-ground vintage that avoids the very newest premiums and the potential upkeep of century-old properties.
4. Is the lot size a disadvantage?
At over 4,000 sqft, the lot provides ample yard space for gardening or recreation. While it’s smaller than the neighbourhood average, it also means less time and cost spent on maintenance—a feature many buyers actively seek.
5. How should I interpret these rankings?
The rankings show how this property stacks up in different circles. It’s most competitive on its own street (especially in value and build year), which is often a buyer’s most direct comparison. Its position in the broader context shows it offers a way to live in Waverley Heights with a smaller footprint and a correspondingly more accessible price point.
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.
