62.8
Fair
Property score
62.8
Fair
Overall 62.8
Smaller but newer than most nearby homes
1,035 sqft (bottom 24%)
Built in 1978
Located in a high-income area
with median household income of ~106k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 60%Chinese · 7%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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62.8 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: #46110977
$106K
Median household income
$112K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
13%
Single-person households
40%
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
63 Shearwater Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 368 m), 1 parks (nearest 247 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 33% | Bottom 10% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 63 Shearwater Bay, Winnipeg
Section 1: Overview & Appeal
This well-situated home in Waverley Heights presents a practical opportunity in a desirable neighborhood. Its key characteristic is balance: at 1,035 sqft with an assessed value of $325k, it offers a manageable size and price point that sits comfortably around average compared to both its immediate street and the wider city. This balance is its primary appeal, providing entry into a mature area without a premium price tag.
The home is notably newer than most in Waverley Heights (built in 1978, ranking in the top 18% for the neighborhood), suggesting potentially fewer major age-related concerns than older area homes. However, the lot size is compact at 3,449 sqft, which means lower maintenance but less private outdoor space. This combination suits first-time buyers, downsizers, or pragmatic investors seeking a lower-maintenance property in a stable area. It’s a home for those who value location and a sensible footprint over expansive square footage or large yards.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value is below the street average, which can indicate a relative value opportunity. However, this often correlates with the home’s smaller-than-average lot and living area for the immediate area.
2. What does the "newer" build year mean for me?
Being newer than 82% of homes in Waverley Heights is a positive. It typically suggests construction methods and systems (like wiring or plumbing) that may be more modern, potentially reducing immediate upgrade costs.
3. How will the smaller lot size affect me?
The lot is compact, even for the street. This translates to less yard work and lower exterior maintenance costs, but also less space for gardening, private outdoor entertaining, or future expansions like a large deck or addition.
4. Are property taxes likely to be high here?
The below-average assessed value for both the street and neighborhood is a key indicator. Your property taxes will be calculated based on this assessment, so they should be proportionally lower than homes on the same street with higher valuations.
5. How does this home fit in the wider Winnipeg market?
City-wide, this property is very average in size, age, and value. This is a stabilizing factor; it’s not an outlier, which can make financing and future resale more straightforward, as it appeals to the broad middle of the market.
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