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Winnipeg Real Estate – Home Prices, Sales History & Market Trends
Redder color means more recent sale.
If the color is red, the property has sold before; the redder the color, the more recent the sale.
Waverley Heights
How to read: Share of sales in each ~$50k price band for “waverley heights” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Data summary (Winnipeg / waverley heights / Detached na bahay (hindi condo) / 2024): ~$50k bands. The largest share is $400K–$450K (about 37.5%). Second-largest band: $300K–$350K (about 25.0%); top two together about 62.5%. About 56 sales in this view (sample size check).
All figures above are based on real sold transaction data analysis; for source details, see
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 39% | Bottom 13% | Bottom 29% |
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 11% | Bottom 1% | Bottom 19% |
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| Address | Taon ng Paggawa | Living Area | Assessed Value | |
|---|---|---|---|---|
| 40 East Lake Drive | 1978 | 900 sqft | 334k | Trending |
| 46 East Lake Drive | 1978 | 1,080 sqft | 294k | For reference |
| 74 Blue Lake Bay | 1978 | 1,156 sqft | 298k | For reference |
| 83 Gull Lake Road | 1978 | 1,080 sqft | 310k | Trending |
| 1957 Chancellor Drive | 1978 | 1,468 sqft | 457k | For reference |
Property Overview: 36 East Lake Drive
Key Characteristics & Appeal
This 1978-built home in Waverley Heights presents a clear value proposition within its market. Its primary appeal lies in its price point. With an assessed value of $288k, it stands significantly below the neighborhood average of $398k and the city average of $390k. This makes it one of the most affordable homes on East Lake Drive. The lot size of 4,453 sq ft is also notably larger than the street average, offering good outdoor space for the area.
The home is compact, with 900 sq ft of living space, which is below average for the street, neighborhood, and city. This characteristic defines its ideal buyer: a first-time homebuyer, an investor, or a downsizer seeking an entry point into a established neighborhood without a premium price tag. It suits those who prioritize land size and affordability over interior square footage, and who are comfortable with a home that may require updates reflective of its era and valuation. A less obvious perspective is that its lower assessment could provide relative property tax savings compared to neighboring homes, and its "below average" size metrics highlight an opportunity for efficient living or a strategic renovation to increase the home's footprint and value over time.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
The assessed value is based on municipal evaluation, which considers factors like living area, age, and recent sales. The home's smaller size (900 sq ft) is the primary driver, placing its official valuation in a lower bracket than larger homes in Waverley Heights.
2. What does the "Above Average" ranking for "Year Built" mean?
A lower percentile rank (like 16%) for year built is actually better, indicating the home is newer than most comparables. Being ranked #5 out of 31 on its street means it is one of the more recently built houses on East Lake Drive.
3. Is the lot size a positive feature?
Yes. At 4,453 sq ft, the lot is larger than the average lot on its street (3,326 sq ft). This provides more private outdoor space than many immediate neighbors, though it is smaller than the broader neighborhood average.
4. Who would this property suit best?
It is ideally suited for budget-conscious buyers looking to enter the market, such as first-time buyers or investors. It's also a candidate for someone looking to downsize into a manageable home with a decent-sized yard without leaving the neighborhood.
5. Are there any obvious trade-offs for the lower price?
The main trade-off is living space. The home's interior is compact, which may require creative use of space or limit larger household configurations. Buyers should be prepared for a home that likely reflects its original 1978 era and price point in terms of finishes and potential update needs.
Address · Distansya
Address · Assessed Value