Property score
52.7
Fair
Overall 52.7 · Smaller than most nearby homes
760 sqft (bottom 1%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~87k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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52.7 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
9 Lake Village Road — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 482 m), 1 education (nearest 325 m), 2 healthcare (nearest 430 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 8% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 9 Lake Village Road presents a distinct profile. Its primary characteristic is a modest 760 sqft living area, which is notably compact compared to most homes on its street, in the Waverley Heights neighborhood, and across Winnipeg. However, its assessed value of $313k is competitive, sitting close to the street average and below the broader neighborhood average. The lot size of 3,080 sqft is manageable and typical for the immediate street. Built in 1977, it is on par with or slightly newer than many comparable properties.
The appeal here lies in efficiency and value. It suits a specific buyer: a first-time homebuyer, a downsizer, or an investor seeking an entry point into a established neighborhood without the premium price tag of a larger home. The lower property taxes, due to the below-average assessed value relative to the area, are a practical financial benefit. A thoughtful perspective is that this property offers the location and community of Waverley Heights but with a simpler, more manageable footprint—ideal for those who prioritize location over square footage and prefer a lower-maintenance lifestyle without resorting to a condo.
1. Is the house unusually small?
Yes, at 760 sqft, the living area is significantly smaller than the average home on Lake Village Road (936 sqft) and in the Waverley Heights neighborhood (1,239 sqft). This makes it one of the most compact homes in the immediate area.
2. Given its size, is it a good value?
The assessed value suggests it is priced appropriately for its street and is actually below the neighborhood average. This indicates you may be paying for the location and land, with the smaller home size resulting in a more accessible price point and likely lower property taxes.
3. What type of buyer would this suit best?
It’s an excellent match for minimalist buyers, first-time homeowners, or empty-nesters looking to downsize from a larger house but stay in a desirable neighborhood. It may also appeal to an investor as a potential rental property.
4. Is the lot size a drawback?
At 3,080 sqft, the lot is smaller than the neighborhood norm but is closer to the average for Lake Village Road itself. It provides adequate outdoor space for a patio or garden without the extensive maintenance of a larger yard.
5. How does its age affect its value?
Built in 1977, it is typical for the street and neighborhood. This age suggests well-established infrastructure and mature landscaping, but a prospective buyer should budget for updates common to homes of this era, such as windows, roofing, or mechanical systems.
