Property score
68.7
Good
Overall 68.7 · Smaller but newer than most nearby homes
1,040 sqft (bottom 28%) · Built in 1978
Located in a high-income area with median household income of ~104k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 2 parks nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 59%Chinese · 10%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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68.7 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: #46110976
$104K
Median household income
$125K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
13%
Single-person households
37%
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
6 Lake Island Crescent — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 217 m), 2 parks (nearest 172 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 50% | Top 23% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 6 Lake Island Crescent in Waverley Heights presents a practical opportunity with a distinct character. Built in 1978, its 1,040 sqft living space and 5,446 sqft lot are moderately sized, offering a manageable footprint without feeling cramped. The appeal here is nuanced: while the living space is below the average for its immediate street and neighborhood, the property’s tax assessment value is notably lower than street comparables, suggesting a potentially favorable tax position relative to nearby homes. Its 1978 build year is among the newest on its street, which could imply newer core components compared to neighbors.
This property would suit first-time buyers or downsizers looking for a solid, no-frills home in a stable area. It’s for those who prioritize value and manageability over sheer size, and who see potential in a home that is well-situated within the broader market but may offer relative affordability on its specific block. It’s a pragmatic choice rather than a luxury one.
Frequently Asked Questions
1. Is the living space considered small for the area?
Yes, at 1,040 sqft, it is below the average living area for both Lake Island Crescent (1,236 sqft) and the wider Waverley Heights community (1,239 sqft). This makes it a more compact option on the street.
2. What does the tax assessment ranking indicate?
The tax assessment of $396,000 ranks very low (22nd out of 23) on Lake Island Crescent, where the average is $436,000. This suggests the city assesses this property at a lower value than most on its street, which can be a positive for annual property tax bills, though it may also reflect the home’s smaller size or other valuation factors.
3. The build year is 1978. Is that an advantage?
On this particular street, yes. It ranks 1st out of 23 homes, meaning it is the newest or among the very newest houses on Lake Island Crescent. For the neighborhood and city, it’s close to the average. This can mean major systems like plumbing, electrical, or the roof may be from a more modern era than older neighboring homes.
4. How does the lot size compare?
The 5,446 sqft lot is below the street average but close to the neighborhood average. It provides a decent outdoor space that is manageable for maintenance, ranking in the middle third when compared to the entire city.
5. How should I interpret these rankings?
The rankings show how this property stacks up against comparable homes in three expanding circles: its street, its neighborhood (Waverley Heights), and all of Winnipeg. It excels in being newer than its direct neighbors and having a lower tax assessment on its street. Its primary trade-off is offering less interior space than most homes on the same block.
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