11 Tej Bains Place

Waverley West B, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Smaller but newer than most nearby homes

1,530 sqft (bottom 11%) · Built in 2025 (6 yrs newer than avg)

Located in a high-income area with median household income of ~107k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 2 schools nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 38%Chinese · 16%

Past 10 years Waverley West B sales snapshot (~80% of all data)

Sold Count

87

Median price

518.9k

$/sqft

$339/sqft

Avg build year

2019

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Property score

81.3 is composed by the two sections below.

Property Score

79.9Good
Living Area79
1,530 sqftGood
Year Built100
2025Excellent
Lot Size53
4,054 sqftFair
Neighbourhood Sales Activity91
Excellent

Community Score

83.3Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

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: #46111256

Community deep dive

$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

Population, labour & age

Population (2021)7,336
Labour force participation rate72%
Median age29.6
Avg household size3.5
Unemployment rate8%
Population density1824 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households9%
Couple families with children47%
Median household income (2020)$107K

Housing

Renter households30%
Condominium dwellings25%
Median dwelling value (owners)$520K

Diversity, education & language

Immigrants (share of pop.)49%
Visible minority77%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 38%
Mother tongue (2nd)Chinese · 15%

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

Rankings

Living Area

above average
1,530 sqft
0255075100
Same streetBottom 1%Same areaBottom 11%CitywideTop 29%
Same street · Tej Bains Place
#1 / 1
Bottom 1% · Avg 1,530 sqft
Same area · Waverley West B
#134 / 150
Bottom 11% · Avg 1,993 sqft
Citywide · Winnipeg
#55,900 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
529k
0255075100
Same streetBottom 1%Same areaBottom 16%CitywideTop 15%
Same street · Tej Bains Place
#1 / 1
Bottom 1% · Avg 529k
Same area · Waverley West B
#126 / 150
Bottom 16% · Avg 629.5k
Citywide · Winnipeg
#30,040 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2025
0255075100
Same streetBottom 1%Same areaTop 1%CitywideTop 1%

Lot Size

below average
4,054 sqft
0255075100
Same streetBottom 1%Same areaBottom 13%CitywideBottom 27%

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

11 Tej Bains Place — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 459 m).

Search radius
🏫Education2

Crime & Safety

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%

Sales History

Sold 1/2025CA$500k–550k
Sold price

Same street

Bottom 1%

Same area

Bottom 16%

City-wide

Top 14%

Related homes

Highlights & common questions: 11 Tej Bains Place, Winnipeg

Property Overview: 11 Tej Bains Place

Section 1: Key Characteristics & Appeal

This is a newly built (2025) home in Winnipeg's Waverley West B neighborhood, offering a modern living space of 1,530 sqft on a 4,054 sqft lot. Its primary appeal lies in its exceptional newness and above-average citywide value. Compared to most Winnipeg homes, it is significantly newer and has a higher assessed value, suggesting premium modern finishes and systems. However, within its own immediate neighborhood of newer homes, it presents as a more moderately sized property on a smaller lot.

The home would suit buyers seeking a modern, low-maintenance property without the need for a large yard, such as professionals, small families, or downsizers who prioritize contemporary construction and interior space over expansive outdoor areas. It offers a compelling "sweet spot": it's newer than almost any other home in the city, yet its value and size are positioned accessibly within its own up-to-date community. A thoughtful perspective is that this property represents efficiency over expanse, providing modern comforts in a manageable footprint, which can mean lower utility costs and less upkeep compared to both older city homes and larger suburban properties.

Section 2: Frequently Asked Questions

1. How does this home's value compare to others?
Citywide, its assessed value is well above average (top 15%), indicating a premium property. Within Waverley West B, it is below the neighborhood average, which may represent a relative value opportunity in a sought-after area of newer homes.

2. Is the living space considered large?
This depends on the scope. At 1,530 sqft, it is above the Winnipeg average but below the average for the Waverley West B neighborhood, which consists of newer, often larger homes. It provides comfortable modern living space, though not the largest footprint on the block.

3. What does the "Elite" ranking for year built mean?
Ranking in the top 1% both citywide and in the neighborhood confirms this is among the very newest homes available. You can expect contemporary building standards, energy efficiency, and minimal immediate repair needs.

4. How does the lot size impact the property?
The lot is smaller than most in both the neighborhood and the city. This translates to less yard maintenance but also less private outdoor space. It’s a trade-off that prioritizes the home itself and is typical for newer subdivisions.

5. Why are the street-level rankings all "Below Average" or "#1 out of 1"?
This street appears to be newly developed with very few (or only this) comparable homes. The "below average" notation is a technical result of comparing the property to itself, so the more meaningful comparisons are at the neighborhood and city levels.