Property score
77.3
Good
Overall 77.3 · Larger and newer than most nearby homes
1,696 sqft (top 10%) · Built in 1978
Located in a above-average income area with median household income of ~83k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Above average
0 yrs newer 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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77.3 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: #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
62 Lake Albrin Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 146 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 30% | Top 15% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 62 Lake Albrin Bay, Waverley Heights
Section 1: Key Characteristics & Appeal
This home presents a compelling package of above-average space and land in a well-established Winnipeg neighborhood. Its primary appeal lies in its generous proportions: at 1,696 sqft, the living area is notably larger than most comparable homes on its street, in Waverley Heights, and across the city. This is complemented by a substantial lot of nearly 8,800 sqft, placing it in the top 10% of the neighborhood for land area, which offers excellent potential for gardening, recreation, or expansion.
The property’s assessed value is consistently above average at every level, suggesting a recognized premium for its location and attributes. Built in 1978, it is typical for its immediate area but is actually newer than many homes across Winnipeg. This isn’t a brand-new build, but a solid, mature property in a settled community.
This home would best suit buyers looking for established character and more room—both inside and out—without moving to the city's outer edges. It’s ideal for a growing family seeking functional interior space and a large yard, or for anyone who values a sense of privacy and footprint that is becoming rarer in many subdivisions. The data indicates you’re purchasing a property that already outperforms its peers on key metrics, offering a tangible step up within a desirable setting.
Section 2: Frequently Asked Questions
Q: How does this home truly compare to others nearby?
A: The data shows it stands out. It ranks #2 out of 30 on its own street for living area and is in the top 10% of the wider Waverley Heights neighborhood for lot size. Its value and size are consistently above local and city averages.
Q: Does an above-average assessed value mean my property taxes will be significantly higher?
A: Generally, yes. A higher assessed value relative to area averages typically leads to a higher property tax bill. It’s a reflection of the premium market position this specific lot and home command.
Q: The home was built in 1978. Should I be concerned about major updates?
A: While the structure is sound and typical for the street, a home of this age likely has had some components updated. The key due diligence would be to investigate the age and condition of major systems like the roof, windows, furnace, and electrical panel to understand upcoming maintenance.
Q: What are the advantages of such a large lot?
A: Beyond privacy and space, a lot of this size (top 10% in the area) offers flexibility. It provides room for additions like a deck, garage, or workshop, and is a long-term asset as smaller lots become the norm in new developments.
Q: The citywide average living area is listed as 1,342 sqft, but this home is 1,696 sqft. Why is the city rank only in the top 21%?
A: This highlights the difference between a simple average and a ranking among comparable homes. The ranking compares this property against similar types of homes city-wide. Its size is excellent, but there are many larger estates or newer builds that shift the comparison pool, making its top 21% citywide rank still a strong showing.
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