75 Lakeshore Road

Waverley Heights, Winnipeg

Property score

67.9

Good

Overall 67.9 · Older than most nearby homes

1,191 sqft (top 41%) · Built in 1975 (3 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 schools, 8 healthcare facilitys, and 1 shop nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 62%Punjabi · 6%

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

67.9 is composed by the two sections below.

Property Score

63.3Fair
Living Area1,191 sqft60Fair
Year Built197558Fair
Lot Size6,638 sqft85Excellent
Neighbourhood Sales Activity59Fair

Community Score

74.9Good
Household Income85Excellent
Education Level54Fair
Housing Stress74Good
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: #46111191

Community deep dive

$100K

Median household income

$98K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate55%
Median age42.0
Avg household size2.9
Unemployment rate11%
Population density2643 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households13%
Couple families with children26%
Median household income (2020)$100K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$384K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority46%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Punjabi · 5%

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

Rankings

Living Area

around average
1,191 sqft
0255075100
Same streetBottom 21%Same areaTop 41%CitywideBottom 49%
Same street · Lakeshore Road
#31 / 39
Bottom 21% · Avg 1,524 sqft
Same area · Waverley Heights
#668 / 1,633
Top 41% · Avg 1,239 sqft
Citywide · Winnipeg
#99,730 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
499k
0255075100
Same streetTop 18%Same areaTop 7%CitywideTop 20%
Same street · Lakeshore Road
#7 / 39
Top 18% · Avg 453.2k
Same area · Waverley Heights
#115 / 1,633
Top 7% · Avg 398.1k
Citywide · Winnipeg
#38,748 / 194,458
Top 20% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetBottom 38%Same areaBottom 14%CitywideTop 40%

Lot Size

above average
6,638 sqft
0255075100
Same streetTop 38%Same areaTop 29%CitywideTop 20%

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

75 Lakeshore Road — 21 amenities found within 500 m, across 7 categories, including 5 dining (nearest 354 m), 2 education (nearest 270 m), 8 healthcare (nearest 458 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare8
🛒Shopping1
🌳Parks3
🏦Finance1
Fuel Stations1

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 6/2022CA$500k–550k
Sold price

Same street

Top 20%

Same area

Top 7%

City-wide

Top 16%
Sold 11/2019CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Top 36%

City-wide

Top 41%

Related homes

Highlights & common questions: 75 Lakeshore Road, Winnipeg

Property Overview: 75 Lakeshore Road, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home on Lakeshore Road in Waverley Heights presents a compelling mix of established value and solid fundamentals. Built in 1975, the house itself is slightly smaller than others on its street at 1,191 sqft, but it sits on a generous, above-average lot of 6,638 sqft for the neighborhood, offering valuable outdoor space and potential.

The primary appeal lies in its strong and consistent assessed value, which is notably above average at every level—street, neighborhood, and city-wide. This suggests the property is recognized for its desirable location, lot, or a combination of factors that outpace its living square footage. It’s a property that trades some interior size for a premium position and land.

This home would suit a practical buyer who values a stable investment in a mature area over sheer square footage. It’s ideal for someone looking for a manageable-sized home with a larger yard, or an investor attracted by its robust assessment history. It may also appeal to a buyer who sees potential in the lot size for future expansion or landscaping, viewing the smaller living area as a canvas rather than a limitation.

Section 2: Frequently Asked Questions

1. Is the living area considered small for the area?
Yes, the home is below the average size for Lakeshore Road itself. However, its living area is much more in line with the broader Waverley Heights neighborhood and city-wide averages, making it a typically sized home for Winnipeg, just on a street with larger-than-average houses.

2. Why is the assessed value so high relative to the home's size?
The assessed value is consistently above average, indicating that factors beyond pure square footage are heavily weighted. This is likely due to its premium lot size within the neighborhood, its location on Lakeshore Road, and the overall desirability of the Waverley Heights area.

3. What does the "Top 7%" neighborhood ranking for assessed value mean?
This means that, compared to similar homes in Waverley Heights, this property’s assessed value is higher than 93% of them. It’s a strong indicator of the property’s perceived market position within its immediate community.

4. Is a 1975 build date a concern?
The year built is typical for the street and city-wide. While it’s an older home that will require due diligence during inspection for systems, roof, and windows, its age is not an outlier. The slightly older build date compared to the neighborhood average is a minor point.

5. How should I interpret the different rankings for land area?
The lot is a standout feature. While it’s average for Lakeshore Road (where lots are generally large), it ranks well above average for both the wider neighborhood and the entire city. This confirms you are getting a larger-than-typical yard for Winnipeg, which is a key asset of this property.

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