8 Sandy Lake Place

Waverley Heights, Winnipeg

Property score

57.1

Fair

Overall 57.1 · Smaller but newer than most nearby homes

899 sqft (bottom 7%) · Built in 1978

Located in a high-income area with median household income of ~97k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby

Living Area

Below average

27% smaller than neighborhood avg.

Taon ng Paggawa

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 50%Punjabi · 13%

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

57.1 is composed by the two sections below.

Property Score

41.2Low
Living Area899 sqft32Low
Taon ng Paggawa197867Good
Lupa3,238 sqft38Low
Neighbourhood Sales Activity59Fair

Community Score

81.0Excellent
Household Income83Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Istatistika ng benta ng komunidad

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley heights” (Detached na bahay (hindi 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: #46110980

Community deep dive

$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

Population, labour & age

Population (2021)599
Labour force participation rate71%
Median age32.8
Avg household size3.1
Unemployment rate12%
Population density2995 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households10%
Couple families with children31%
Median household income (2020)$97K

Housing

Renter households22%
Condominium dwellings7%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority59%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 50%
Mother tongue (2nd)Punjabi · 12%

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

Mga ranggo

Living Area

karaniwan
899 sqft
0255075100
Same streetBottom 45%Same areaBottom 7%CitywideBottom 16%
Same street · Sandy Lake Place
#11 / 20
Bottom 45% · Avg 917 sqft
Same area · Waverley Heights
#1,511 / 1,633
Bottom 7% · Avg 1,239 sqft
Citywide · Winnipeg
#163,066 / 194,458
Bottom 16% · Avg 1,342 sqft

Assessed Value

karaniwan
319k
0255075100
Same streetBottom 30%Same areaBottom 19%CitywideBottom 35%
Same street · Sandy Lake Place
#14 / 20
Bottom 30% · Avg 330.8k
Same area · Waverley Heights
#1,320 / 1,633
Bottom 19% · Avg 398.1k
Citywide · Winnipeg
#126,091 / 194,458
Bottom 35% · Avg 390.1k

Taon ng Paggawa

Elite
1978
0255075100
Same streetTop 5%Same areaTop 18%CitywideTop 35%

Lupa

mas mababa sa average
3,238 sqft
0255075100
Same streetBottom 20%Same areaBottom 13%CitywideBottom 15%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

8 Sandy Lake Place — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 477 m), 2 education (nearest 267 m), 5 healthcare (nearest 408 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare5
🛒Shopping3
🌳Parks2
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%

Kasaysayan ng Benta

Naibenta 8/2021CA$300k–350k
Presyo ng benta

Parehong kalye

Top 25%

Parehong lugar

Bottom 39%

Buong lungsod

Bottom 46%
Naibenta 8/2016CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 25%

Parehong lugar

Bottom 5%

Buong lungsod

Bottom 24%

Related homes

Mga tampok at karaniwang tanong: 8 Sandy Lake Place, Winnipeg

Property Overview: 8 Sandy Lake Place

Section 1: Key Characteristics & Appeal

This 899 sqft bungalow, built in 1978, presents a practical and affordable entry point into the established Waverley Heights neighborhood. Its primary appeal lies in value and positioning. While the living space is compact compared to larger area homes, it is actually quite typical for Sandy Lake Place itself, meaning you're buying into the street without paying a premium for square footage. The assessed value sits comfortably around the street average, suggesting a fairly priced home in a city-wide context.

The standout characteristic is the home's age relative to its immediate surroundings: it is the newest build on its street, which can imply updated infrastructure or construction methods compared to direct neighbors. The lot, at just over 3,200 sqft, is smaller than area norms, which translates to less yard maintenance—a potential benefit for downsizers, first-time buyers, or those seeking a lock-and-leave lifestyle. This property would suit buyers looking for a manageable, single-level home in a quiet pocket of a desirable neighborhood, prioritizing location and a solid foundation over expansive indoor and outdoor space. It’s a pragmatic choice for those who see the smaller scale as an opportunity for customization or a simpler lifestyle, rather than a limitation.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 899 sqft, the home is smaller than the Waverley Heights average. However, it is directly in line with the average for Sandy Lake Place itself. This suggests the street consists of similarly sized, efficient homes, making it a comfortable fit for individuals, couples, or small families.

2. How does the assessed value compare?
The home's assessed value is very close to the average for its own street and is around the city-wide average for comparable properties. This indicates it is not overvalued for its specific location and general type, providing a stable baseline for market value.

3. What does "newest on the street" mean for a 1978 home?
While not a new build, being the most recently constructed home on its block (ranked #1 of 20) suggests it may have benefited from later building techniques or materials than its immediate neighbors, and potentially has had fewer prior owners or a more modern original layout.

4. Is the lot size a disadvantage?
The 3,238 sqft lot is smaller than most in the wider area. While it offers less space for large gardens or expansions, it requires significantly less maintenance and landscaping effort, which can be a welcome feature for many buyers.

5. Who is this neighborhood best for?
Waverley Heights is a mature, established neighborhood. This particular property, given its size and lot, is well-suited to first-time homeowners gaining entry to the area, downsizers looking to stay in the community with less upkeep, or investors seeking a manageable rental property in a stable location.

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