65 Shearwater Bay

Waverley Heights, ਵਿਨੀਪਿਗ

Property score

61.9

Fair

Overall 61.9 · Smaller but newer than most nearby homes

1,008 sqft (bottom 22%) · 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

19% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

61.9 is composed by the two sections below.

Property Score

51.7Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,008 sqft52Fair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197867Good
ਜ਼ਮੀਨ2,760 sqft28Low
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley heights” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110977

Community deep dive

$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

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1,008 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 22%Citywideਹੇਠਲੇ 27%
Same street · Shearwater Bay
#22 / 22
ਹੇਠਲੇ 1% · ਔਸਤ 1,147 sqft
Same area · Waverley Heights
#1,276 / 1,633
ਹੇਠਲੇ 22% · ਔਸਤ 1,239 sqft
Citywide · ਵਿਨੀਪਿਗ
#142,120 / 194,458
ਹੇਠਲੇ 27% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
326k
0255075100
Same streetਹੇਠਲੇ 23%Same areaਹੇਠਲੇ 22%Citywideਹੇਠਲੇ 38%
Same street · Shearwater Bay
#17 / 22
ਹੇਠਲੇ 23% · ਔਸਤ 336.5k
Same area · Waverley Heights
#1,274 / 1,633
ਹੇਠਲੇ 22% · ਔਸਤ 398.1k
Citywide · ਵਿਨੀਪਿਗ
#121,390 / 194,458
ਹੇਠਲੇ 38% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1978
0255075100
Same streetਹੇਠਲੇ 45%Same areaਟਾਪ 18%Citywideਟਾਪ 35%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,760 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 6%Citywideਹੇਠਲੇ 8%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

65 Shearwater Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 361 m), 1 parks (nearest 255 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

4/2021 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 17%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 4%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 23%
2/2017 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 8%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 1%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 17%

Related homes

ਵਿਨੀਪਿਗ 65 Shearwater Bay — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 65 Shearwater Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,008 sqft bungalow, built in 1978, presents a practical and affordable entry point into the established Waverley Heights neighborhood. Its primary appeal lies in value and location. With an assessed value notably below both street and neighborhood averages, it offers a cost-effective way to secure a home in a desirable area without the premium price tag of larger properties on the street.

The home’s characteristics suggest it would suit first-time buyers, downsizers, or investors seeking a lower-maintenance property. The compact living area and smaller lot (2,760 sqft) translate to less space to heat, clean, and maintain, which can be a significant long-term benefit. A thoughtful perspective is that while the home ranks below average in size on its own street, it is actually newer than most homes in the broader Waverley Heights area, potentially indicating fewer age-related concerns than neighborhood peers. The buyer here is likely prioritizing financial efficiency and location over sheer space, viewing the smaller footprint as a feature rather than a drawback.

Section 2: Frequently Asked Questions

1. Is the smaller living area a major concern?
While below average for the street, the 1,008 sqft layout is functional for individuals, couples, or small families. The trade-off for the smaller interior is a more manageable property and a lower price point in a sought-after location.

2. Why is the assessed value lower than the street average?
The assessed value reflects the property's relatively smaller size in both living area and land area compared to its immediate neighbors. This creates a value opportunity, as you benefit from the same location while paying a proportionally lower price.

3. What does the "newer than neighborhood average" ranking mean?
Built in 1978, this home is newer than most in Waverley Heights. This can be an advantage, suggesting potentially updated infrastructure (like wiring or plumbing) compared to older homes in the area, even if it's average for its specific street.

4. Is the small lot size a limitation?
The lot is compact, which limits expansive gardening or large additions. However, it minimizes yard work and may be ideal for those seeking low-maintenance outdoor space. It's important to verify local zoning for any future plans like sheds or decks.

5. How does this property fit into the broader market?
City-wide, its living area and assessed value are much closer to the average. This highlights that Shearwater Bay is a street of relatively larger, higher-value homes. This property offers a way to access that street and the excellent Waverley Heights neighborhood at a city-average price point.

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