Property score
65.5
Good
Overall 65.5 · Newer than most nearby homes
1,156 sqft (top 46%) · Built in 1978
Located in a above-average income area with median household income of ~87k
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 · 48%Punjabi · 15%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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65.5 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: #46110979
$87K
Median household income
$96K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
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
83 West Lake Crescent — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 497 m), 2 education (nearest 270 m), 5 healthcare (nearest 362 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 10% | Bottom 8% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 83 West Lake Crescent, Waverley Heights
Key Characteristics & Appeal
This 1,156 sqft bungalow, built in 1978, presents a compelling case for value-focused buyers. Its primary appeal lies in its efficient use of space and its position on a desirable street. While the home’s living area is modest compared to the wider city, it ranks in the elite top 4% on its own street, suggesting West Lake Crescent is a lane of more intimate, well-maintained properties. The assessed value of $309k is notably below the neighborhood average, indicating a potentially lower property tax burden and an attractive entry point into the Waverley Heights area.
The lot size is compact at 2,742 sqft, which translates to less yard maintenance—a significant perk for downsizers, first-time buyers, or those seeking a lock-and-leave lifestyle. This home would suit practical buyers who prioritize location and value over sheer size. It’s ideal for someone looking for a manageable property in a mature neighborhood, where the investment is in the street’s character rather than an expansive yard. A less obvious perspective is that a home outperforming its immediate street peers in living area, while being valued below area averages, can represent a "smart spot" in the market—offering relative space without the premium price tag of the broader neighborhood.
Frequently Asked Questions
1. Is the living area sufficient for a family?
The living area is efficient. At 1,156 sqft, it is above average for the street but below the neighborhood and city averages. It would comfortably suit a small family, couple, or individual.
2. Why is the assessed value below the neighborhood average?
This can be due to several factors, including the home’s more compact lot size and its efficient, rather than expansive, living area. A below-average assessment often correlates with a relatively lower property tax bill.
3. What does the lot size mean for me?
The 2,742 sqft lot is smaller than most in the area. This means less time and money spent on landscaping and yard upkeep, which is a benefit for those not wanting extensive outdoor maintenance.
4. How does the 1978 build year affect the home?
Built in 1978, the home is from an era with modern foundations but will likely have original or updated components (like roof, windows, HVAC). Its age is typical for the street and slightly newer than the city average.
5. What is the biggest advantage of this property?
Its standout advantage is location on a street where it offers more living space than most direct neighbors, combined with an assessed value that sits below the pricier Waverley Heights average. This creates a value proposition for entering a well-regarded neighborhood.
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