Property score
61.4
Fair
Overall 61.4 · Smaller but newer than most nearby homes
900 sqft (bottom 9%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Below average
27% 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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61.4 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
60 East Lake Drive — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 358 m), 2 education (nearest 357 m), 5 healthcare (nearest 274 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 28% | Bottom 6% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 60 East Lake Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This 1978-built home at 60 East Lake Drive presents a distinct value proposition within the desirable Waverley Heights community. Its key appeal lies in a combination of below-average property taxes and a manageable scale, set within an established neighborhood.
The 900 sqft living area is notably compact, ranking below the average for the street, community, and city. This characteristic defines the property's niche: it is a more affordable entry point into the area, suited for buyers seeking lower utility costs, minimal upkeep, and a cozy footprint without sacrificing location. The lot size of 3,500 sqft is typical for East Lake Drive but smaller than the broader neighborhood average, resulting in less yard maintenance.
A significant financial advantage is the property tax assessment, which is the lowest on its street and well below the community and city averages. This translates to predictable, ongoing savings. The 1978 build year is newer than many comparable homes in the immediate vicinity, suggesting potentially fewer concerns with outdated major systems compared to older stock in the area.
This property would best suit first-time homebuyers, downsizers, or investors looking for a lower-cost holding in a stable neighborhood. It’s for those who prioritize financial efficiency and location over spaciousness, offering a practical way to gain a foothold in a well-regarded area.
Section 2: Frequently Asked Questions
1. Is the low square footage a drawback?
It depends on your needs. The 900 sqft size is efficient and cost-effective to heat and maintain, but it requires thoughtful space planning. It's ideal for individuals, couples, or small families who value a simpler lifestyle.
2. What does the low property tax assessment mean for me?
It directly lowers your annual property tax bill. While the municipal mill rate applies to all, your lower assessed value means you pay less than most neighbors. This is a tangible, recurring cost advantage.
3. The lot is smaller than the community average. Is that a problem?
On East Lake Drive itself, the lot is close to the street average. It is, however, smaller than many larger properties in Waverley Heights. This means less private outdoor space but also significantly less yard work and lower landscaping costs.
4. As a 1978 home, what should I be aware of?
While newer than many peers on the street, a home of this age will likely have had several components updated over time. A thorough inspection is crucial to understand the current condition of the roof, windows, plumbing, and electrical systems.
5. How does this home's value hold up in its neighborhood?
The data suggests it occupies a specific, affordable tier within Waverley Heights. Its value is anchored more to its location and low carrying costs than to its size or premium features. It may appeal to a consistent segment of the market looking for exactly this balance.
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