9 Sandy Lake Place

Waverley Heights, Winnipeg

Property score

57.8

Fair

Overall 57.8 · Smaller but newer than most nearby homes

809 sqft (bottom 4%) · Built in 1978

Located in a high-income area with median household income of ~97k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 4 healthcare facilitys, 1 shop, and 2 parks nearby

Living Area

Below average

35% 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)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

57.8 is composed by the two sections below.

Property Score

42.4Low
Living Area809 sqft32Low
Year Built197867Good
Lot Size3,506 sqft46Low
Neighbourhood Sales Activity59Fair

Community Score

81.0Excellent
Household Income83Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110980

Community deep dive

$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

Population, labour & age

Population (2021)599
Labour force participation rate71%
Median age32.8
Avg household size3.1
Unemployment rate12%
Population density2995 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households10%
Couple families with children31%
Median household income (2020)$97K

Housing

Renter households22%
Condominium dwellings7%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority59%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 50%
Mother tongue (2nd)Punjabi · 12%

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

Rankings

Living Area

below average
809 sqft
0255075100
Same streetBottom 25%Same areaBottom 4%CitywideBottom 10%
Same street · Sandy Lake Place
#15 / 20
Bottom 25% · Avg 917 sqft
Same area · Waverley Heights
#1,563 / 1,633
Bottom 4% · Avg 1,239 sqft
Citywide · Winnipeg
#175,765 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
343k
0255075100
Same streetTop 30%Same areaBottom 26%CitywideBottom 44%
Same street · Sandy Lake Place
#6 / 20
Top 30% · Avg 330.8k
Same area · Waverley Heights
#1,204 / 1,633
Bottom 26% · Avg 398.1k
Citywide · Winnipeg
#109,409 / 194,458
Bottom 44% · Avg 390.1k

Year Built

Elite
1978
0255075100
Same streetTop 5%Same areaTop 18%CitywideTop 35%

Lot Size

around average
3,506 sqft
0255075100
Same streetBottom 45%Same areaBottom 16%CitywideBottom 19%

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

9 Sandy Lake Place — 9 amenities found within 500 m, across 4 categories, including 2 education (nearest 260 m), 4 healthcare (nearest 459 m), 1 shopping (nearest 496 m).

Search radius
🏫Education2
🏥Healthcare4
🛒Shopping1
🌳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 7/2023CA$300k–350k
Sold price

Same street

Top 33%

Same area

Bottom 39%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 9 Sandy Lake Place, Winnipeg

Property Summary: 9 Sandy Lake Place, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This 809 sqft bungalow, built in 1978, presents a compelling case for value-focused buyers. Its primary appeal lies in its strong position relative to its immediate surroundings. While the living area is modest compared to broader neighborhood and city averages, the property stands out on its own street. It boasts an assessed value above the street average and, notably, is the newest home among its 20 direct neighbors. This suggests a well-maintained or potentially updated home in a lane of older properties.

The lot size is manageable at just over 3,500 sqft, offering lower maintenance than larger plots common in the area. This home would suit first-time buyers, downsizers, or practical investors seeking an entry into the established Waverley Heights neighborhood without the premium for square footage. It’s for those who prioritize efficient living space, newer construction within its micro-market, and a lower property tax base derived from its below-average assessment for the wider neighborhood. A thoughtful perspective is that this property represents a "right-sized" option in a market of larger homes, offering the location benefits with reduced upkeep and cost.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 809 sqft, it is below the neighborhood average. However, it is efficiently sized for individuals, couples, or small families. Its rank on its own street (15 out of 20) indicates several comparable-sized homes nearby.

2. Why is the assessed value higher than the street average?
Ranking 6th highest out of 20 on the street suggests factors like its newer build year (the newest on the street), condition, updates, or specific lot advantages contribute to a higher municipal assessment than its neighbors.

3. What does the "newest on the street" build year mean for me?
Built in 1978, it is relatively newer than its direct peers. This can imply potentially fewer major age-related repairs (like roofing or foundation) in the near term compared to older homes on the block, though a full inspection is always recommended.

4. How does the lot size impact the property?
The 3,506 sqft lot is smaller than typical for the wider area, which means less yard maintenance. It is, however, close to the average for Sandy Lake Place itself, ensuring it fits the street's character.

5. Is this a good value within Waverley Heights?
The data suggests it's an opportunity to live in the neighborhood at a lower assessed value point than the area average. You're acquiring the location while the property itself is priced more accessibly due to its smaller size and lot.

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