66 Forest Lake Drive

Waverley Heights, Winnipeg

Property score

83.7

Excellent

Overall 83.7 · Larger but older than most nearby homes

2,366 sqft (top 1%) · Built in 1975 (3 yrs older than avg)

Located in a high-income area with median household income of ~116k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 2 parks nearby

Living Area

Above average

91% larger than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 9%

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

83.7 is composed by the two sections below.

Property Score

86.1Excellent
Living Area2,366 sqft96Excellent
Year Built197558Fair
Lot Size8,375 sqft93Excellent
Neighbourhood Sales Activity59Fair

Community Score

80.0Excellent
Household Income90Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

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.

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: #46110975

Community deep dive

$116K

Median household income

$130K

Average household income

8%

Low income (LIM-AT)

0.4

Income inequality (Gini)

2.9

P90 / P10 ratio

4%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)386
Labour force participation rate52%
Median age40.8
Avg household size3.2
Unemployment rate12%
Population density2573 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households4%
Couple families with children41%
Median household income (2020)$116K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority38%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

Elite
2,366 sqft
0255075100
Same streetTop 9%Same areaTop 1%CitywideTop 4%
Same street · Forest Lake Drive
#3 / 32
Top 9% · Avg 1,646 sqft
Same area · Waverley Heights
#11 / 1,633
Top 1% · Avg 1,239 sqft
Citywide · Winnipeg
#7,938 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
586k
0255075100
Same streetTop 13%Same areaTop 1%CitywideTop 9%
Same street · Forest Lake Drive
#4 / 32
Top 13% · Avg 481.8k
Same area · Waverley Heights
#21 / 1,633
Top 1% · Avg 398.1k
Citywide · Winnipeg
#17,485 / 194,458
Top 9% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetBottom 31%Same areaBottom 14%CitywideTop 40%

Lot Size

above average
8,375 sqft
0255075100
Same streetTop 19%Same areaTop 12%CitywideTop 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

66 Forest Lake Drive — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 302 m), 2 parks (nearest 55 m).

Search radius
🏫Education2
🌳Parks2

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%

Sales History

Sold 4/2024CA$650k–700k
Sold price

Same street

Top 10%

Same area

Top 1%

City-wide

Top 4%
Sold 7/2016CA$400k–450k
Sold price

Same street

Bottom 30%

Same area

Top 21%

City-wide

Top 29%

Related homes

Highlights & common questions: 66 Forest Lake Drive, Winnipeg

Property Overview: 66 Forest Lake Drive

Key Characteristics & Appeal

This home at 66 Forest Lake Drive presents a compelling mix of space, location, and value within Winnipeg’s Waverley Heights neighborhood. Its primary appeal lies in its generous scale, offering significantly more living area (2,366 sqft) than most comparable homes on its street, in the wider neighborhood, and across the city. This size advantage is paired with an above-average lot size (8,375 sqft), providing ample room both indoors and out.

The property’s strongest attribute is its elite standing within the desirable Waverley Heights area, where it ranks in the top 1% for living area and assessed value among over 1,600 comparable homes. While the build year of 1975 is typical for the street, it is slightly older than the neighborhood average—a point for consideration that may also reflect a more established streetscape. The assessed value of $586k sits above averages at every level, signaling a premium property that has been valued accordingly.

This home would best suit buyers who prioritize interior space and a large yard within a mature, sought-after neighborhood. It’s ideal for those looking for a home that offers more room than its immediate neighbors without moving to a completely custom or rural property. It appeals to value-conscious buyers who understand that the premium assessment is backed by verifiable, top-tier metrics for size within the community.


Frequently Asked Questions

1. How does the 1975 build year affect the home?
The year built is around average for Forest Lake Drive but is slightly older than the broader Waverley Heights average. This typically suggests well-established landscaping and a settled neighborhood character. Buyers should focus on the specific condition and updates of this individual property, as maintenance and modernization history are more important than the build date alone.

2. The assessed value seems high. Is it justified?
The assessment is above average at the street, neighborhood, and city levels. This is directly correlated with the home’s elite ranking for living area—it is physically a much larger house than most in a premium neighborhood. The value reflects this tangible size advantage in a desirable location.

3. What does its "top 1%" neighborhood ranking actually mean?
This means that among 1,633 comparable homes in Waverley Heights, only a handful offer a larger living area. It’s a strong indicator that this property is among the most spacious homes in one of Winnipeg’s established neighborhoods, offering rarity and scale.

4. Is the lot size a major feature?
Yes. At over 8,300 sqft, the lot is larger than approximately 90% of comparable lots citywide and provides a tangible outdoor space advantage. It’s not just the house, but the property footprint that is above average.

5. Who might this property not suit?
Buyers seeking a brand-new build or a home newer than the neighborhood norm may find the 1975 date less appealing. Additionally, those with a strict budget at the area’s average price point may find the premium assessment a stretch, though it is explained by the significant size differential.

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