Property score
62.3
Fair
Overall 62.3 · 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 ~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
Near average
7% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 56%Punjabi · 9%
Past 10 years Waverley Heights sales snapshot (~80% of all data)
627
415k
$333/sqft
1978
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62.3 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: #46110978
$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
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
993 Chancellor Drive — 16 amenities found within 500 m, across 7 categories, including 7 dining (nearest 345 m), 1 education (nearest 452 m), 3 healthcare (nearest 350 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 46% | Bottom 47% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | 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: 993 Chancellor Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,152 sqft bungalow, built in 1978, presents a practical and value-conscious opportunity in the established Waverley Heights neighborhood. Its core appeal lies in its balance of a newer construction date relative to its immediate surroundings and a below-average assessed value, suggesting potential for equity growth.
The home’s living area is consistent with local averages, offering comfortable space for a small family, couple, or downsizer. A key, less obvious characteristic is its modest 2,257 sqft lot. While significantly smaller than most in the area, this translates to lower maintenance—a notable advantage for those seeking a manageable yard without the upkeep of a larger property. The data indicates you are purchasing a home that is newer than most on its street and in the broader neighborhood, yet at an assessed value that sits below local averages. This combination could suit first-time buyers entering a desirable area, practical investors looking for a stable rental property, or retirees wanting a single-level home with less outdoor work.
Section 2: Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
It depends on your priorities. While it offers less private outdoor space than typical area homes, it significantly reduces landscaping time and cost. It may also contribute to the home's relatively lower assessed value, which can be an entry point into the neighborhood.
2. The assessed value is below average. Does that mean the home has issues?
Not necessarily. Assessed value is for municipal tax purposes and can be influenced by many factors, including the smaller lot and modest living area. It often represents a market value estimate that is below the current selling price of similar homes, but it can indicate a potentially favorable purchase price.
3. How does the 1978 build year compare?
This is one of the home's strengths. It ranks in the top 6% on its street and top 18% in Waverley Heights for being newer, meaning major components like wiring, plumbing, and insulation may be more modern than in many neighboring houses.
4. Who would this home not be suitable for?
Buyers requiring extensive indoor space, those who desire a large garden or expansive private yard, or anyone prioritizing a home at the top end of area values for immediate prestige may find other properties more aligned with their goals.
5. What does "around average" living area mean for daily life?
With 1,152 sqft, the layout is likely efficient rather than expansive. It comfortably accommodates standard living, dining, and bedroom areas typical of a bungalow from this era. It’s sufficient for most needs but may require creative storage solutions for larger households.
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