63 Karschuk Bay

Waverley West B, Winnipeg

Property score

88.6

Excellent

Overall 88.6 · Larger than most nearby homes

2,364 sqft (top 19%) · Built in 2023 (4 yrs newer than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Above average

19% 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
2,364 sqftExcellent
Year Built100
2023Excellent
Lot Size67
5,050 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
2,364 sqft
0255075100
Same streetBottom 31%Same areaTop 19%CitywideTop 4%
Same street · Karschuk Bay
#11 / 16
Bottom 31% · Avg 2,372 sqft
Same area · Waverley West B
#28 / 150
Top 19% · Avg 1,993 sqft
Citywide · Winnipeg
#7,975 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
685k
0255075100
Same streetBottom 19%Same areaTop 23%CitywideTop 4%
Same street · Karschuk Bay
#13 / 16
Bottom 19% · Avg 738.4k
Same area · Waverley West B
#35 / 150
Top 23% · Avg 629.5k
Citywide · Winnipeg
#8,248 / 194,458
Top 4% · Avg 390.1k

Year Built

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

Lot Size

around average
5,050 sqft
0255075100
Same streetBottom 6%Same areaTop 40%CitywideBottom 47%

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

63 Karschuk Bay — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

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 8/2023CA$750k–800k
Sold price

Same street

Bottom 8%

Same area

Top 21%

City-wide

Top 2%

Related homes

Highlights & common questions: 63 Karschuk Bay, Winnipeg

Property Overview: 63 Karschuk Bay

Section 1: Key Characteristics & Appeal

This 2023-built home offers a modern, low-maintenance lifestyle within the established Waverley West B neighborhood. Its primary appeal lies in a compelling combination of generous, contemporary living space and a highly efficient footprint.

Key Characteristics:
The home features 2,364 sqft of living area, which is notably spacious compared to most Winnipeg homes, placing it in the top 4% citywide. It sits on a 5,050 sqft lot, which is compact relative to some immediate neighbors but standard for newer developments, requiring less yard upkeep. With an assessed value of $685,000, it represents a premium property within its immediate street but strong value when viewed against broader city benchmarks.

Who It Suits:
This property is ideal for buyers seeking a modern, turn-key home without the wait or uncertainties of new construction. It suits professionals or families who prioritize interior space and modern amenities over a large yard. The efficient lot size appeals to those wanting a manageable outdoor space, while the home’s citywide "elite" rankings for size, value, and newness will attract buyers looking for a long-term home with above-average investment fundamentals in a growing area.

Section 2: Frequently Asked Questions

1. Is the lot size a disadvantage?
While the lot is smaller than some on the same street, it is on par with many newer homes and requires less maintenance. This can be a significant benefit for buyers seeking a spacious interior without the burden of extensive landscaping or yard work.

2. How does the assessed value compare for property taxes?
The assessed value is above the neighborhood average but below the average for its specific street. This suggests property taxes may be positioned between the broader area norm and the premium level of the immediate block. A current tax statement should be reviewed for exact figures.

3. What does the "elite" citywide ranking mean practically?
Ranking in the top 4% citywide for living area and assessed value means this home offers more interior space and a higher valuation than 96% of comparable properties in Winnipeg. This indicates a relatively rare combination of size and modern build in the overall market.

4. The home is newer than most in the city, but average on its street. What does that imply?
It indicates you are buying into a street or pocket of recently built homes. The benefit is neighborhood consistency in age and likely style, with less risk of being adjacent to a dilapidated property. There is also less chance of major, street-wide infrastructure projects that often affect older areas.

5. Are there any obvious trade-offs with this property?
The data suggests a trade-off between lot size and interior space/building newness. You are getting a very modern, large home on a efficiently sized parcel. It’s an excellent choice if indoor living and modern finishes are the priority, but not for those wanting extensive gardens, privacy, or expansion potential on a large lot.