89 Lake Lindero Road

Waverley Heights, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Larger than most nearby homes

1,920 sqft (top 5%) · Built in 1977 (1 yr older than avg)

Located in a high-income area with median household income of ~106k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

55% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 60%Chinese · 7%

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

81.7 is composed by the two sections below.

Property Score

84.7Excellent
Living Area1,920 sqft92Excellent
Year Built197767Good
Lot Size7,047 sqft88Excellent
Neighbourhood Sales Activity59Fair

Community Score

77.1Good
Household Income87Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110977

Community deep dive

$106K

Median household income

$112K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)436
Labour force participation rate56%
Median age39.2
Avg household size2.9
Unemployment rate5%
Population density3353 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households13%
Couple families with children40%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority34%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 6%

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

Rankings

Living Area

Elite
1,920 sqft
0255075100
Same streetBottom 47%Same areaTop 5%CitywideTop 13%
Same street · Lake Lindero Road
#17 / 32
Bottom 47% · Avg 1,822 sqft
Same area · Waverley Heights
#77 / 1,633
Top 5% · Avg 1,239 sqft
Citywide · Winnipeg
#24,997 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

Elite
547k
0255075100
Same streetTop 34%Same areaTop 3%CitywideTop 13%
Same street · Lake Lindero Road
#11 / 32
Top 34% · Avg 521.2k
Same area · Waverley Heights
#50 / 1,633
Top 3% · Avg 398.1k
Citywide · Winnipeg
#25,428 / 194,458
Top 13% · Avg 390.1k

Year Built

around average
1977
0255075100
Same streetBottom 22%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
7,047 sqft
0255075100
Same streetBottom 3%Same areaTop 21%CitywideTop 17%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

89 Lake Lindero Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 412 m).

Search radius
🌳Parks2

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%

Sales History

Sold 8/2020CA$450k–500k
Sold price

Same street

Bottom 30%

Same area

Top 8%

City-wide

Top 16%

Related homes

Highlights & common questions: 89 Lake Lindero Road, Winnipeg

Property Summary: 89 Lake Lindero Road, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,920 sqft home, built in 1977, presents a compelling opportunity in the sought-after Waverley Heights neighborhood. Its primary appeal lies in its position within an elite-tier community. While the home itself is on the smaller side for its specific street and is a product of its era, it sits on a desirable 7,047 sqft lot that is above average for both the neighborhood and the city. The assessed value of $547K reflects this premium, ranking in the top 3% of Waverley Heights, indicating strong perceived value within a high-caliber area.

This property would suit buyers who prioritize location and community prestige over having the largest house on the block. It’s ideal for someone looking to enter a well-established, high-ranking neighborhood where the land and address hold significant value. The home offers a solid foundation—a comfortable living space on a generous lot—with potential for updates or expansions to match the caliber of its surroundings. A thoughtful perspective is that this home represents a strategic entry point into a top-tier area, where the value is driven more by the community and land than by the current structure's specifications relative to its immediate street.

Section 2: Frequently Asked Questions

1. Is the home considered small for the area?
While its living area is slightly above the street average, it ranks as "Elite" (top 5%) within the broader Waverley Heights neighborhood, which generally consists of more modestly sized homes. So, it fits perfectly within the community context.

2. Why is the assessed value so high compared to the city average?
The value is driven by its location in Waverley Heights, a neighborhood where average assessed values are significantly higher than the Winnipeg norm. You are paying a premium for the community's standing and desirability.

3. The lot size is noted as "below average" for the street. Is that a concern?
This is a key nuance. The lot is smaller than others on Lake Lindero Road, but those are exceptionally large. At over 7,000 sqft, the lot is still larger than the averages for both the neighborhood and the entire city, offering ample outdoor space.

4. As a 1977 build, will the home need major updates?
The year built is around average for the area. While systems and interiors may be functional, buyers should budget for modernizations common to homes of this vintage to align with contemporary standards and personal taste.

5. What does the data suggest about future value?
The data indicates the property's value is anchored by its elite neighborhood ranking. Investments that bring the home's condition and amenities up to the neighborhood's high standard could further align its value with its prestigious location.

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