Property score
89.4
Excellent
Overall 89.4 · Larger than most nearby homes
2,678 sqft (top 5%) · Built in 2023 (4 yrs newer than avg)
Located in a high-income area with median household income of ~107k
Transit 70.0 · 5-min walk to transit with 3 nearby routes
Living Area
Above average
34% larger than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 38%Chinese · 16%
Past 10 years Waverley West B sales snapshot (~80% of all data)
87
518.9k
$339/sqft
2019
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89.4 is composed by the two sections below.
Property Score
Community Score
Waverley West B
How to read: Share of sales in each ~$50k price band for “waverley west b” (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: #46111256
$107K
Median household income
$127K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.7
P90 / P10 ratio
9%
Single-person households
47%
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
Waverley West B · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 8% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
This 2023-built home at 11 Karschuk Bay offers a compelling blend of modern living and established value. Its primary appeal lies in its exceptionally spacious interior relative to the broader market, housed within a brand-new, low-maintenance structure.
Key Characteristics & Buyer Profile
The standout feature of this property is its generous 2,678 sqft of living space. This places it in the top 5% of homes in the Waverley West B community and the top 2% city-wide, making it a notably large home for a growing or multi-generational family. As a 2023 build, it promises modern construction standards, energy efficiency, and freedom from immediate major repairs, ranking it in the top 1% for newness across Winnipeg.
Its assessed value for taxes is strong, positioned within the top 3% of the city, which underscores its substantial build quality and finishes. Interestingly, while the home itself is large and new, the lot size is more modest compared to others on the street and within the community. This creates an efficient balance: ample indoor space for living and entertaining, with a manageable yard that requires less upkeep—a practical fit for professionals or families seeking luxury of space without the burden of extensive grounds.
This home is ideally suited for buyers who prioritize modern, move-in-ready condition and maximum interior square footage over a vast garden. It appeals to those looking for a high-quality, newly constructed home in a desirable area, with the statistical backing of its superior size and value ranking city-wide.
Frequently Asked Questions
1. How does the lot size impact the property?
While the lot is smaller than the community average, it is close to the city-wide average. This typically translates to less yard maintenance and a focus on the home's interior and immediate outdoor living spaces, which may be preferable for many modern buyers.
2. What do the exceptional rankings for living space and assessed value actually mean?
Being in the top 2-5% for living space city-wide means you are getting significantly more interior room than the vast majority of Winnipeg homes. The high assessed value ranking suggests the property's construction quality and market valuation are well above average, which is a positive indicator for long-term value.
3. The home was built in 2023. Are there any builder warranties potentially still in effect?
Yes, it is very likely that the original builder's warranties on major components (e.g., structure, envelope) are still active. This should be confirmed with the seller, as it provides valuable peace of mind for a new homeowner.
4. The tax assessment is high. What should I expect for annual property taxes?
With an assessed value of approximately $734,000, property taxes will be correspondingly higher than a home with a city-average assessment. It's advisable to use the city's current mill rate to calculate an estimated annual tax bill for your budget planning.
5. The home ranks "close to average" on its street for some metrics. Is that a concern?
Not necessarily. Karschuk Bay appears to be a street of very new, high-quality homes (average build year 2023). Being close to average here means it is keeping pace with other desirable properties, not falling behind. The home's true distinction is revealed when compared to the wider community and city.
