67 Karschuk Bay

Waverley West B, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Larger and newer than most nearby homes

2,167 sqft (top 27%) · Built in 2024 (5 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

9% larger than neighborhood avg.

Year Built

Above average

5 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

87.9 is composed by the two sections below.

Property Score

91.0Excellent
Living Area2,167 sqft94Excellent
Year Built2024100Excellent
Lot Size5,050 sqft67Good
Neighbourhood Sales Activity91Excellent

Community Score

83.3Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health76Good

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
2,167 sqft
0255075100
Same streetBottom 19%Same areaTop 27%CitywideTop 7%
Same street · Karschuk Bay
#13 / 16
Bottom 19% · Avg 2,372 sqft
Same area · Waverley West B
#41 / 150
Top 27% · Avg 1,993 sqft
Citywide · Winnipeg
#13,966 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

Elite
661k
0255075100
Same streetBottom 6%Same areaTop 31%CitywideTop 5%
Same street · Karschuk Bay
#15 / 16
Bottom 6% · Avg 738.4k
Same area · Waverley West B
#46 / 150
Top 31% · Avg 629.5k
Citywide · Winnipeg
#9,611 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 6%Same areaTop 3%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

67 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 1/2024CA$800k–850k
Sold price

Same street

Bottom 25%

Same area

Top 18%

City-wide

Top 2%

Related homes

Highlights & common questions: 67 Karschuk Bay, Winnipeg

Property Overview

This 2024-built home at 67 Karschuk Bay presents a modern living opportunity in Winnipeg's Waverley West B neighbourhood. Its appeal lies in its new construction, efficient design, and a value proposition that becomes clearer when viewed in a wider context.

Key Characteristics & Ideal Buyer

The home features 2,167 sqft of living space on a 5,050 sqft lot, with a municipal assessed value of $661k. The most striking characteristic is its age: it is one of the newest homes not just on its street, but in the entire city, ranking in the top 1% citywide for year built. This translates to modern building standards, energy efficiency, and minimal immediate maintenance.

Its appeal is nuanced. While the living area and lot size are below the immediate street average, the property holds a strong position when zoomed out—it sits above neighbourhood and city averages for size. More significantly, its assessed value is notably lower than others on the same street, yet it ranks in the elite top 5% citywide. This suggests you are acquiring a modern, well-sized home at a value-oriented entry point for a newer, in-demand area.

This property would suit a buyer seeking a modern, move-in-ready home without the premium often attached to the newest builds on a given block. It's ideal for those who prioritize contemporary construction and efficient use of space over having the largest yard or home on the street. It also appeals to the value-conscious buyer who understands that a lower assessment relative to immediate neighbours, but a high ranking citywide, can represent a strategic opportunity.


Frequently Asked Questions

1. Is the below-average lot size a major drawback?
While the lot is smaller than others on Karschuk Bay, it is close to the neighbourhood average and very manageable. It offers ample outdoor space for a patio, garden, or play area without the high maintenance of a much larger yard, which can be a benefit for busy households.

2. The assessed value is lower than the street average. Does that mean it's undervalued?
The assessment reflects the municipality's valuation for tax purposes. Its lower value relative to the street, combined with its newness, can indicate a favourable tax position compared to neighbours with similar homes. It doesn't necessarily mean market value is lower, but it can be a positive for ongoing costs.

3. What does the "elite" citywide ranking for value actually mean?
Ranking in the top 5% citywide for assessed value means this home is considered among the higher-value properties in all of Winnipeg. This highlights that you are in a premium segment of the market overall, even if it's a more modest offering on its specific street.

4. As a new build, are there any potential concerns?
New builds typically come with builder warranties, which is a significant advantage. However, it can be wise to understand the builder's reputation and the specifics of the warranty coverage. The landscape and outdoor areas may also need time and investment to mature.

5. How does this home fit into the broader neighbourhood?
The data shows the neighbourhood (Waverley West B) consists of generally newer, above-average sized homes. This property fits squarely within that community profile—it's a modern home in a modern area, appealing to similar demographics seeking contemporary suburban living.

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