Property score
81.1
Excellent
Overall 81.1 · Larger and newer than most nearby homes
1,639 sqft (top 12%) · Built in 1994 (16 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 12 healthcare facilitys, and 3 shops nearby
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Above average
16 yrs newer than neighborhood avg.
Mother tongue
English · 50%Punjabi · 13%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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81.1 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: #46110980
$97K
Median household income
$107K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
10%
Single-person households
31%
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
8 High Lake Bay — 21 amenities found within 500 m, across 6 categories, including 1 dining (nearest 348 m), 2 education (nearest 239 m), 12 healthcare (nearest 286 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 | Bottom 40% | Top 7% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 8 High Lake Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home on High Lake Bay in Waverley Heights presents a compelling blend of space, location, and value. With 1,639 sqft of living area, it offers ample room for a family, ranking above average for both the neighborhood and the city. Its 1994 build date is a significant advantage, placing it in the top 2% of homes in Waverley Heights for modernity, suggesting updated systems and less immediate need for major renovations.
The primary appeal lies in its elite standing within the sought-after Waverley Heights neighborhood. With an assessed value ranking in the top 4% of the area, it sits firmly in an upper-tier segment without being an outlier on its own street. This indicates a premium property in a consistently desirable community. The lot size of 6,490 sqft provides generous outdoor space, well above the city average.
This property would ideally suit buyers looking for a move-in ready family home in a mature, high-ranking neighborhood. It appeals to those who value above-average space and a newer construction year within an established area, and who appreciate a property that holds a strong, proven value position within its community rather than just on its immediate block.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
While it's around average for its specific street in several categories, its true strength is its standing in the broader Waverley Heights neighborhood. It ranks in the elite tier for both assessed value and year built there, meaning it outperforms 96% of comparable area homes in value and 98% in modernity.
2. What does the "elite" neighborhood ranking for assessed value indicate?
This suggests the property is aligned with the most valuable homes in Waverley Heights. It can signal desirable intangible factors like a premium micro-location, excellent curb appeal, or superior upgrades, and often correlates with stronger long-term value retention.
3. Is a 1994-built home considered modern?
In the context of Winnipeg's housing stock, yes. Compared to the citywide average build year of 1966 and the neighborhood average of 1978, a 1994 home is notably newer. This typically means more contemporary construction standards, wiring, plumbing, and insulation.
4. The lot is above the city average but "around average" for the neighborhood. Is that a concern?
Not at all. It simply means generous lot sizes are a common feature in Waverley Heights. You're getting a sizable yard that is consistent with the character of the area, which is often a key driver of the neighborhood's appeal.
5. Why is the street-level ranking less prominent than the neighborhood ranking?
This is common on uniform, high-quality streets. High Lake Bay appears to be a consistent street where most homes are similar in caliber. The exceptional neighborhood ranking highlights that the entire street is part of a premium enclave within Waverley Heights.
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