15 Karschuk Bay

Waverley West B, Winnipeg

Property score

88.6

Excellent

Overall 88.6 · Larger than most nearby homes

2,487 sqft (top 13%) · 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

25% 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)

Sold Count

87

Median price

518.9k

$/sqft

$339/sqft

Avg build year

2019

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Property score

88.6 is composed by the two sections below.

Property Score

92.2Excellent
Living Area96
2,487 sqftExcellent
Year Built100
2023Excellent
Lot Size67
5,392 sqftGood
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

Elite
2,487 sqft
0255075100
Same streetTop 50%Same areaTop 13%CitywideTop 3%
Same street · Karschuk Bay
#8 / 16
Top 50% · Avg 2,372 sqft
Same area · Waverley West B
#20 / 150
Top 13% · Avg 1,993 sqft
Citywide · Winnipeg
#5,867 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
712k
0255075100
Same streetBottom 31%Same areaTop 21%CitywideTop 4%
Same street · Karschuk Bay
#11 / 16
Bottom 31% · Avg 738.4k
Same area · Waverley West B
#31 / 150
Top 21% · Avg 629.5k
Citywide · Winnipeg
#6,997 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 38%Same areaBottom 43%CitywideTop 1%

Lot Size

around average
5,392 sqft
0255075100
Same streetBottom 31%Same areaTop 31%CitywideTop 46%

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

Search radius
No data within 500 m.

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 1/2024CA$900k–950k
Sold price

Same street

Bottom 33%

Same area

Top 11%

City-wide

Top 1%

Related homes

Highlights & common questions: 15 Karschuk Bay, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 15 Karschuk Bay is a modern, low-maintenance property in Winnipeg's Waverley West B neighbourhood. Built in 2023, it offers the appeal of a nearly new home with contemporary finishes and systems, eliminating the immediate need for major updates. Its key features include a spacious 2,487 sqft living area, an attached garage, and a full (though unrenovated) basement on a large 5,392 sqft lot.

The home’s primary appeal lies in its balance of space, modernity, and value within a newer suburban community. It ranks highly for its size and recent build year compared to most of Winnipeg, suggesting a solid, modern investment. The property would suit growing families or professionals seeking a turn-key home in a developing area, as well as buyers who value a larger lot for future outdoor projects or expansions. A thoughtful perspective is that the unrenovated basement presents a clean slate for customization, allowing new owners to add value and tailor the space to their needs without first undoing someone else’s work.


Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for $90,500 in January 2024, which is significantly higher than its $71,200 assessed value. This is common in active markets and for newer homes, where the sale price reflects current buyer demand rather than the municipal assessment for tax purposes.

2. What does the ranking data actually mean?
The rankings compare this property to others on its street, in the neighbourhood, and across Winnipeg. For example, its living area is in the top 10% of its neighbourhood, meaning it's notably larger than most homes nearby. Conversely, its build year is newer than only 33% of the neighbourhood, indicating many surrounding homes are even newer.

3. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides potential for future living space, storage, or a recreational area, but would require an investment to complete.

4. What are the nearby properties like?
Immediate neighbours on Karschuk Bay are all very close (within 33 meters), suggesting a typical suburban streetscape with newer homes. The provided comparisons show a mix of newer builds in Waverley West and some older, established homes in other neighbourhoods for reference.

5. Who might this home not suit?
Buyers looking for a historic character home or an established, tree-lined neighbourhood may find the newer community feel less appealing. Additionally, those wanting a fully finished home with no projects might prefer a property with a developed basement.