94 Lake Village Road

Waverley Heights, Winnipeg

Property score

66.2

Good

Overall 66.2 · Larger than most nearby homes

1,296 sqft (top 30%) · Built in 1977 (1 yr older than avg)

Located in a above-average income area with median household income of ~83k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby

Living Area

Above average

5% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 56%Punjabi · 9%

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

66.2 is composed by the two sections below.

Property Score

61.6Fair
Living Area66
1,296 sqftGood
Year Built67
1977Good
Lot Size38
3,224 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

73.2Good
Household Income78
Good
Education Level82
Excellent
Housing Stress42
Low
Core Housing Need76
Good
Employment Health60
Fair

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: #46110978

Community deep dive

$83K

Median household income

$79K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)1,089
Labour force participation rate64%
Median age33.2
Avg household size2.5
Unemployment rate9%
Population density457 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households56%
Condominium dwellings5%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority48%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 8%

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

Rankings

Living Area

Elite
1,296 sqft
0255075100
Same streetTop 1%Same areaTop 30%CitywideTop 42%
Same street · Lake Village Road
#1 / 142
Top 1% · Avg 936 sqft
Same area · Waverley Heights
#498 / 1,633
Top 30% · Avg 1,239 sqft
Citywide · Winnipeg
#81,402 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
301k
0255075100
Same streetBottom 23%Same areaBottom 8%CitywideBottom 30%
Same street · Lake Village Road
#110 / 142
Bottom 23% · Avg 309.5k
Same area · Waverley Heights
#1,496 / 1,633
Bottom 8% · Avg 398.1k
Citywide · Winnipeg
#137,059 / 194,458
Bottom 30% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 12%Same areaBottom 49%CitywideTop 37%

Lot Size

around average
3,224 sqft
0255075100
Same streetBottom 42%Same areaBottom 13%CitywideBottom 15%

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

94 Lake Village Road — 16 amenities found within 500 m, across 7 categories, including 7 dining (nearest 331 m), 1 education (nearest 479 m), 3 healthcare (nearest 333 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare3
🛒Shopping2
🌳Parks1
Fuel Stations1
🏛️Government1

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

94 Lake Village Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 94 Lake Village Road, Winnipeg

Property Overview: 94 Lake Village Road, Waverley Heights

Section 1: Key Characteristics & Appeal

This 1977-built home in Waverley Heights presents a compelling mix of space, value, and location. Its primary strength is its generous living area of 1,296 sqft, which is notably larger than most homes on its street and in the immediate area, offering above-average interior space for the neighbourhood. With an assessed value of $301,000, it sits below the typical price point for Waverley Heights, suggesting a potential value opportunity for buyers seeking entry into this area.

The appeal lies in this balance: you acquire more house for your money compared to neighbours, within a home that is newer than most on its street. It would suit practical buyers looking for established-character homes with room to grow, and value-conscious purchasers aiming for the Waverley Heights neighbourhood without paying a premium for lot size, as the property sits on a smaller, more manageable parcel of land. This is a home for those who prioritize indoor living space and location over a large yard.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data suggests it could be. The home’s assessed value is below the area average, while its living space is significantly above average. This disconnect can sometimes indicate a value proposition, though viewing the interior condition is essential to understand the full picture.

2. How does the lot size impact the property?
At 3,224 sqft, the lot is smaller than most in Waverley Heights and the wider city. This means lower maintenance, which is a plus for many, but less private outdoor space. It reflects a more efficient use of land, focusing the property’s footprint on the home itself.

3. What does the year built (1977) mean for a buyer?
Built in 1977, the home is newer than many on its street and is around the average age for the city. Buyers should expect features and systems typical of the late 1970s, which may require updates but also avoids some of the maintenance issues of much older homes.

4. Why is there no sales history shown?
The platform does not source data from the MLS. You can request the exact sales history by emailing them directly for a manual lookup, which they provide without using your email for marketing.

5. How reliable is this comparative data?
The rankings are based on publicly available assessment data, offering a solid comparative snapshot. For fully verified sales figures and a complete transaction history, consulting directly with a real estate agent or utilizing the site’s manual lookup service is recommended.