Property score
54.0
Fair
Overall 54.0 · Smaller than most nearby homes
809 sqft (bottom 4%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~83k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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54.0 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: #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
68 Lake Village Road — 14 amenities found within 500 m, across 7 categories, including 6 dining (nearest 403 m), 1 education (nearest 404 m), 3 healthcare (nearest 398 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%
68 Lake Village Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact home with roughly 809 square feet of living space, built in 1977 on a 3,060-square-foot lot. It sits in Waverley Heights, a Winnipeg neighbourhood where homes tend to be larger—the local average is around 1,239 square feet—so this property is on the smaller end for the area. Its assessed value sits at about $309,000, which is near the middle for its immediate street (Lake Village Road) but significantly below the broader neighbourhood and city medians. The lot size is also modest relative to surrounding properties.
The appeal lies in the balance between age and price. A 1977 build, while not new, is solidly into a generation of construction that often features better materials than more recent builds, and this home ranks in the top 12% for year built on its street—meaning many neighbours are older. The lower assessed value relative to the area could translate into more manageable property taxes and a lower purchase entry point in a neighbourhood where many homes are priced higher.
This property would suit a first-time buyer, a downsizer, or someone looking for a smaller footprint in a well-established neighbourhood without paying a premium for square footage they don’t need. It may also appeal to an investor seeking a rental property in an area with stable demand, provided the compact layout and modest lot don't limit future appreciation potential.
1. How does the living area compare to similar homes in Waverley Heights?
At 809 square feet, this home is smaller than roughly 96% of properties in the area. Most homes here are around 1,200 square feet or more, so if you need extra space for a growing family or home office, this may feel tight. However, the smaller layout often means lower heating and maintenance costs.
2. Is the assessed value a reliable indicator of market price?
The assessed value of $309,000 is a benchmark used for property taxes, not a direct market listing price. It suggests this home is priced below the Waverley Heights median, which could reflect its smaller size. However, market conditions, renovations, and demand on Lake Village Road could push the sale price above or below this figure.
3. How does the lot size affect usability or resale?
The lot is 3,060 square feet, which is smaller than 88% of lots citywide and 88% of lots in Waverley Heights. This limits outdoor expansion or adding a garage. However, it also means less yard maintenance, which appeals to buyers who prefer a low-upkeep property or want to invest in interior upgrades rather than landscaping.
4. What should I look for in a home built in 1977?
Homes from this era may have original systems—electrical, plumbing, roofing—that could need updating. Check the condition of the furnace, windows, and insulation. On the positive side, 1970s construction often uses solid framing and is less prone to issues found in newer builds, like poor ventilation or flimsy materials. A professional inspection is recommended to balance these factors.
5. Why does the ranking show “bottom” for several metrics if the value is “around average”?
The ranking compares this property to all homes in a given area. “Bottom 10%” for living area citywide means most Winnipeg homes are larger, but “around average” refers to how this home stacks up against a more specific group, like those on its street. This distinction matters: you're buying a house that’s typical for its immediate block but unusually small for the city overall.
