Property score
90.0
Excellent
Overall 90.0 · Larger than most nearby homes
2,654 sqft (top 6%) · Built in 2023 (4 yrs newer than avg)
Located in a high-income area with median household income of ~107k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Above average
33% 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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Property score
90.0 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
EliteLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
47 Karschuk Bay — 1 amenities found within 500 m, across 1 categories.
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 8% | Top 1% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 6% | Top 1% |
47 Karschuk Bay · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 47 Karschuk Bay, Winnipeg
Property Overview
This property stands out for its generous scale and modern construction within a well-regarded Winnipeg neighborhood. Its primary appeal lies in offering substantial, contemporary living space that ranks highly not just locally, but across the entire city. Built in 2023, it presents a move-in-ready home with the benefits of new construction, including modern building standards and minimal immediate maintenance.
Key Characteristics & Target Buyer
The home’s most defining feature is its significant 2,654 sqft of living area. This places it in the top 6% of its immediate community (Waverley West B) and an impressive top 2% city-wide, indicating a level of spaciousness rare for Winnipeg. Complementing this is a high municipal assessment of $835,000, which also ranks in the top 2% city-wide, reflecting its perceived value and premium positioning.
Its appeal is multifaceted: buyers receive a modern home without the wait or hassle of building, coupled with interior space that offers long-term flexibility for growing families, home offices, or entertainment. The lot size of 5,833 sqft is consistent with newer subdivisions, providing a manageable yard with space for outdoor living.
This property is ideally suited for buyers who prioritize space, modern amenities, and a turnkey solution. It would particularly suit growing professional families seeking a substantial home in a newer community, or those relocating from larger markets who expect above-average square footage. It also appeals to value-conscious buyers who understand that its top-tier city-wide rankings in both size and assessed value suggest a strong, enduring asset in the broader market.
Frequently Asked Questions
1. How does the property tax assessment compare to likely market value?
The assessment of $835,000 is a strong indicator of municipal valuation for tax purposes. It ranks very high locally and city-wide, suggesting the home is viewed as a premium property. Market value can differ based on current conditions, but this assessment provides a credible baseline anchored in official data.
2. The lot seems smaller than the community average. Is that a concern?
The lot is slightly above average for its specific street but smaller than the broader community average, which includes many older homes on larger plots. This is typical for newer subdivisions. The trade-off is a much larger and newer house on a manageable lot, which often aligns with modern preferences for low-maintenance outdoor space.
3. What does the "top 2% city-wide" ranking for living space really mean?
This statistic is a powerful differentiator. It means that out of nearly 200,000 comparable properties in Winnipeg, only about 4,000 have more living space. It highlights the rarity of finding a home of this scale, especially one that is newly built, offering a unique combination of size and modern condition.
4. As a 2023 build, what can I expect regarding builder warranties?
Being a one-year-old home, it should still have significant coverage under the original builder’s warranty, including major structural elements. A key due diligence step would be to review the specific remaining warranty terms and transfer process.
5. The home ranks highly, but what about the neighborhood's overall character and amenities?
The rankings focus on the physical asset. Waverley West is a developing family-oriented area. Prospective buyers should research community plans, school catchments, transit access, and nearby retail to ensure the neighborhood's growth trajectory and amenities match their lifestyle needs.