Property score
78.0
Good
Overall 78.0 · Larger but older than most nearby homes
1,760 sqft (top 9%) · Built in 1974 (4 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 schools, 7 healthcare facilitys, and 4 parks nearby
Living Area
Above average
42% larger than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 62%Punjabi · 6%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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78.0 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: #46111191
$100K
Median household income
$98K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
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
61 Lakeland Place — 20 amenities found within 500 m, across 6 categories, including 5 dining (nearest 428 m), 2 education (nearest 299 m), 7 healthcare (nearest 463 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 25% | Top 6% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 61 Lakeland Place, Waverley Heights
Key Characteristics & Appeal
This home presents a compelling blend of space, established value, and a premium neighbourhood setting. Its 1,760 sqft living area is comfortably above average for both Winnipeg and the sought-after Waverley Heights area, ranking in the top 9% locally. The true standout feature is its assessed value of $577k, which ranks #1 on its street and in the elite top 2% of the neighbourhood, signalling a property that has significantly outpaced local averages.
The appeal lies in its position as a substantial, well-regarded home on a mature street. While the lot size is slightly smaller than others on Lakeland Place, it remains larger than most in the city and neighbourhood, offering good outdoor space without excessive maintenance. Built in 1974, it is a classic example of the area's housing stock, suggesting proven construction and potential for updates tailored to a new owner's taste.
This property would ideally suit buyers looking for a move-in ready home in a prestigious area, who value space and established equity over a new build. It’s for those who understand that a higher assessment on a mature street often reflects desirability, quality, and scarcity, not just square footage. It appeals to a practical buyer who sees the value in a home that already holds a leading position in its immediate market.
Frequently Asked Questions
Q: The assessed value seems high for the street. Does this mean the taxes are disproportionately high?
A: While the assessed value is the highest on Lakeland Place, it is consistent with its elite standing in the wider Waverley Heights neighbourhood (top 2%). Property taxes are based on this assessment, so they will reflect this premium position, but it is aligned with the home's market context.
Q: How does the lot size impact this property?
A: At over 8,400 sqft, the lot is still very generous, placing it above average for both the neighbourhood and city. While it's not the largest on its specific street, this often translates to a manageable yard with less upkeep, while still providing ample private space.
Q: The home was built in 1974. Should I be concerned about major repairs?
A: The year built is typical for the street. Homes of this era are known for solid construction, but key systems like the roof, windows, furnace, and electrical may be nearing or have undergone updates. A thorough inspection is always recommended to determine the current condition and any upcoming capital costs.
Q: The living area ranks well, but what does the "street level" ranking tell me?
A: Being around the street average for size but #1 in value is an interesting detail. It suggests that the home's worth is driven by more than just square footage—factors like layout, finishes, updates, or lot appeal likely contribute significantly to its top valuation.
Q: Is this considered a good long-term investment for the area?
A: Its current rankings indicate it is already a high-performer in Waverley Heights, a consistently desirable neighbourhood. Investing here is less about explosive growth and more about stability and preserving value in one of the city's established top-tier areas.
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