Property score
65.5
Good
Overall 65.5 · Newer than most nearby homes
1,152 sqft (top 49%) · 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
87 West Lake Crescent — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 490 m), 2 education (nearest 277 m), 5 healthcare (nearest 355 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 34% | Bottom 13% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 87 West Lake Crescent, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-maintained 1,152 sqft bungalow, built in 1978, presents a compelling opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its efficient use of space and its strong standing on its specific street, West Lake Crescent. While the living area is comfortably average for the street and city, the property's assessed value ranks in the top 22% on its block, suggesting it is a well-regarded home on a desirable stretch. The lot, at 2,827 sqft, is smaller than most in the wider area, which translates to less exterior maintenance—a potential benefit for downsizers or those seeking a manageable yard.
This home would suit practical buyers looking for a solid, move-in-ready property in a mature neighborhood without paying a premium for excess land. It’s an ideal fit for first-time buyers seeking a foothold in the area, or for empty-nesters looking to right-size. The data indicates you’re purchasing a home that outperforms its immediate peers in value, on a street where homes are consistently newer than much of Winnipeg, offering a balanced blend of investment and livability.
Section 2: Frequently Asked Questions
Q: How does the property’s value compare to the neighborhood?
A: The home’s assessed value is above average for its own street but below the broader Waverley Heights average. This often indicates a desirable micro-location within the neighborhood, offering value relative to immediate neighbors while the area overall may have larger, higher-value homes.
Q: Is the living space small for the area?
A: Not at all. At 1,152 sqft, the living area is very close to the street average and is a efficient, modern-sized layout for the home’s vintage. It sits comfortably within the typical range for similar homes across Winnipeg.
Q: What does the smaller lot size mean for me?
A: The 2,827 sqft lot is notably smaller than most in Waverley Heights. This means less yard work and lower outdoor maintenance costs, but also less private outdoor space. It’s a trade-off that favors simplicity and ease over extensive gardening or recreation space.
Q: The home was built in 1978. Is that a concern?
A: The year built is actually above average for the Waverley Heights neighborhood, meaning the home is newer than many around it. Homes from this era often feature modern foundations, wiring, and insulation standards, but as with any home of this age, a thorough inspection is recommended.
Q: Do the rankings suggest this is a good investment?
A: The rankings show a property that is competitive and well-positioned on its own street—often the most direct indicator of value. Its strength on West Lake Crescent, coupled with its manageable size, suggests a stable property with broad appeal for future resale.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
