Property score
54.0
Fair
Overall 54.0 · Smaller than most nearby homes
827 sqft (bottom 6%) · 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, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
33% 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
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54.0 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: #46110978
$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
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 Lake Village Road — 13 amenities found within 500 m, across 6 categories, including 6 dining (nearest 422 m), 1 education (nearest 385 m), 3 healthcare (nearest 404 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 46% | Bottom 26% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 60 Lake Village Road
Key Characteristics & Appeal
This 827 sqft bungalow, built in 1977 on a 3,390 sqft lot, presents a practical and value-conscious opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its relative affordability and solid positioning within its immediate streetscape. While the home's size is below the broader neighborhood and city averages, it ranks as average for Lake Village Road itself, suggesting it fits comfortably among its direct neighbors. The assessed value follows a similar pattern: it's competitive on its own street and citywide, but notably below the Waverley Heights average. This creates a unique proposition—you gain access to a desirable neighborhood, often associated with larger, higher-value homes, at a more accessible entry point.
The property would suit first-time buyers, downsizers, or investors seeking a lower-maintenance footprint in a well-regarded area. It’s for those who prioritize location and community over sheer square footage, and who see potential in a home that is functionally average for its specific street but represents a value play within the wider, pricier neighborhood. A thoughtful perspective is that this home offers a chance to enter a mature, established area without the premium typically attached to its larger properties, making it a strategic purchase for budget-aware buyers targeting a strong community.
Frequently Asked Questions
1. Is this home significantly smaller than others in Waverley Heights?
Yes. With 827 sqft of living area, it ranks in the top 94% of the neighborhood, meaning it is smaller than about 94% of comparable homes in Waverley Heights, where the average is 1,239 sqft. However, it is much more in line with the scale of homes directly on Lake Village Road.
2. How does the assessed value compare?
The $304k assessment is around the city average but is below the Waverley Heights neighborhood average of ~$398k. This indicates the home is likely priced more accessibly than many in the area, relative to its size and likely features.
3. What does the "Year Built" ranking mean?
Built in 1977, it is newer than most on its street (ranking in the top 12%), and is average for the neighborhood and city. This suggests it's a relatively standard build for its era in Winnipeg, with potential for updates common to homes of that age.
4. Is the lot size a drawback?
The 3,390 sqft lot is smaller than both the neighborhood and city averages. On Lake Village Road, it's closer to average. This means smaller outdoor maintenance, which could be a benefit for some, but offers less private space than is typical for the wider area.
5. Who would this property suit best?
It's ideal for buyers seeking an affordable entry into the Waverley Heights community, who are comfortable with a compact, efficient layout. It may also appeal to those looking for a lower-maintenance property (both indoors and out) compared to the larger homes that define the neighborhood's averages.
