Property score
66.3
Good
Overall 66.3 · Newer than most nearby homes
1,156 sqft (top 46%) · Built in 1978
Located in a high-income area with median household income of ~97k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
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)
627
415k
$333/sqft
1978
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66.3 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
82 Blue Lake Bay — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 418 m), 2 education (nearest 349 m), 5 healthcare (nearest 300 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 14% | Bottom 14% | Bottom 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 82 Blue Lake Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained 1,156 sqft bungalow, built in 1978, presents a compelling opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its strong standing within its immediate community on Blue Lake Bay. The home boasts an above-average living area for the street and a notably high assessed value ranking (2nd out of 22 homes), suggesting it is one of the more substantial and desirable properties on this specific block. This creates a value proposition: you're acquiring a top-tier home on its street, yet its assessed value sits below the broader neighborhood average, which could indicate room for equity growth.
The property suits practical buyers seeking a move-in ready home in an established area without the premium often attached to newer builds. It’s ideal for first-time buyers, downsizers, or investors looking for a stable asset in a mature community. A thoughtful perspective is the lot size: while the land area is smaller than most in the city and neighborhood, this translates to lower maintenance—a significant appeal for those seeking a manageable yard without sacrificing interior space. The data suggests you are buying the home itself, not the land, making it efficient for living rather than extensive outdoor projects.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $339k is for municipal tax purposes and shows this home is highly rated on its street. The actual market price will be influenced by current conditions, home updates, and seller motivation.
2. How does the smaller lot size impact the property?
The lot is compact relative to the neighborhood and city. This means less yard maintenance and lower property tax implications related to land value, but it also limits potential for expansions like large additions or pools. It emphasizes the home as a cozy, efficient footprint.
3. The home was built in 1978. What should I be aware of?
While the build year is average for the area, a home of this age may have had key systems (roof, windows, furnace, electrical) updated. An inspection is crucial to determine the condition and age of these major components.
4. What does it mean that the home ranks so high on its street but lower in the wider neighborhood?
It indicates Blue Lake Bay is a street of relatively modest, similar homes. This property is one of the best on that street. The lower neighborhood ranking primarily reflects the lot size and potentially more modest finishes compared to larger, premium homes in other parts of Waverley Heights.
5. Who is this home likely not suited for?
It may not suit buyers prioritizing a large, private yard, those seeking a brand-new build, or anyone looking for a home that significantly outperforms the average in its wider neighborhood. It’s a solid, above-average home on a specific desirable street.
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