Property score
61.8
Fair
Overall 61.8 · Smaller but newer than most nearby homes
960 sqft (bottom 18%) · Built in 1978
Located in a high-income area with median household income of ~106k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
22% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
61.8 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
73 Swan Lake Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 489 m), 1 parks (nearest 127 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 13% | Top 10% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 73 Swan Lake Bay
Section 1: Key Characteristics & Appeal
This 960 sqft bungalow, built in 1978 on a 5,059 sqft lot, presents a practical and value-conscious opportunity in the established Waverley Heights neighborhood. Its primary appeal lies in its efficient scale and its position as a relatively modern home within its context. While the living space is notably compact compared to many peers on its own street, the home’s assessed value of $385K aligns closely with city-wide averages, suggesting a fair entry point.
This property would suit first-time buyers, downsizers, or investors seeking a manageable footprint without a premium price. It’s a home for those who prioritize location and a simpler layout over spaciousness. A thoughtful perspective is that its smaller size and lot translate to lower maintenance costs and effort, which can be a significant long-term benefit. Additionally, being newer than most homes in the wider city and neighborhood indicates potentially fewer major aging-component concerns than older stock, offering a practical advantage.
Section 2: Frequently Asked Questions
Q: How does the size of this home compare to others nearby?
A: At 960 sqft, the living area is below the average for Swan Lake Bay street (1,158 sqft) and the broader Waverley Heights area (1,239 sqft). It offers a more compact, efficient layout.
Q: Is the asking price in line with the market?
A: The assessed value of $385K is very close to the Winnipeg city-wide average for comparable homes ($390.1K) and slightly below the neighborhood average. This positions it as a competitively priced option within the city.
Q: What does the year built tell us about the property?
A: Built in 1978, this home is newer than the average Winnipeg home (1966) and is notably above average for its neighborhood, ranking in the top 18% in Waverley Heights for its newer construction year.
Q: Is the lot size typical for the area?
A: The 5,059 sqft lot is smaller than the average on Swan Lake Bay but is around the average for the wider neighborhood and city. It provides adequate outdoor space while minimizing yard maintenance.
Q: Who would this property be most suitable for?
A: It’s an ideal fit for buyers seeking an affordable, low-maintenance entry into a stable neighborhood. Its efficient size is well-suited to individuals, couples, or small families who value location and simplicity over expansive square footage.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
