Property score
80.0
Excellent
Overall 80.0 · Larger and newer than most nearby homes
1,587 sqft (top 16%) · Built in 1980 (2 yrs newer than avg)
Located in a high-income area with median household income of ~104k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
28% larger than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 59%Chinese · 10%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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80.0 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: #46110976
$104K
Median household income
$125K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
13%
Single-person households
37%
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
7 Lakeside Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 313 m), 3 parks (nearest 284 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 43% | Top 35% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Lakeside Drive, Waverley Heights
Key Characteristics & Appeal
This well-situated home at 7 Lakeside Drive presents a compelling blend of established neighborhood value and above-average substance. With 1,587 sqft of living space, it sits comfortably above both neighborhood and city averages, offering more interior room than many comparable homes. Its 1980 build date is notably newer than most on its street, suggesting potentially updated infrastructure or construction standards for its area.
The primary appeal lies in its strong positional value within the sought-after Waverley Heights neighborhood. The assessed value of $489k ranks within the top 8% of the local area, indicating a property that holds its worth well against peers. While the lot size is slightly more compact than others on Lakeside Drive, it remains generous by city-wide standards and is typical for the immediate neighborhood. This profile suits buyers looking for a move-in ready home in a mature, prestigious area who prioritize interior space and neighborhood standing over a maximized yard. It’s an ideal fit for professionals or small families seeking a balance of community prestige and practical, comfortable living space without the premium for the absolute largest lot on the block.
Frequently Asked Questions
Q: How does this home truly compare to others in the area?
A: The data shows it’s a standout within Waverley Heights (top 16% for size, top 8% for value), but is more average when compared only to its own street. This suggests you’re buying into the broader, high-demand neighborhood’s quality, rather than an outlier property on the block.
Q: The lot is smaller than others on the street. Is that a major drawback?
A: It depends on priorities. The yard is still above the city average and typical for Waverley Heights. This often translates to less maintenance while still providing outdoor space, and may contribute to a more efficient layout for the home itself.
Q: What does the 1980 build year imply?
A: Being newer than most on the street (top 9%) is a positive. Homes from this era often benefit from modernized electrical systems, insulation standards, and floor plans compared to those built a decade or two earlier, while still being part of an established, tree-lined community.
Q: The assessed value seems high for the street. Does that mean it’s overpriced?
A: Not necessarily. The assessment reflects the property’s overall market value as determined by the city. Its higher ranking in the wider neighborhood suggests its value is driven more by the desirability of Waverley Heights as a whole than by street-level factors alone.
Q: Is this a good long-term investment?
A: Its above-average rankings for size and value in a top-tier neighborhood like Waverley Heights are positive indicators for value retention. Properties that perform well against broader area averages, as this one does, often demonstrate stable, resilient market performance.
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