Property Summary: 1158 Waller Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1158 Waller Avenue in Maybank is a classic post-war bungalow, built in 1958. With just over 1,000 square feet of living space and a generous 5,100+ square foot lot, it represents a solid, no-frills property in a mature neighbourhood. Its appeal lies in its straightforward practicality and established setting. The lot size is notably above the city-wide average for comparable homes, offering good outdoor space potential. While the home's living area is modest by today's standards, it sits comfortably within the average range for its immediate area and Maybank neighbourhood, suggesting it fits the local character.
The property would suit first-time buyers or practical downsizers looking for an entry point into the Winnipeg market without a massive footprint to maintain. It’s also a candidate for a long-term holder who values a larger lot in a settled area, possibly with future renovation or expansion in mind. A less obvious perspective is that its 1958 build date is actually newer than many homes on its own street, which can be a subtle advantage regarding the potential age of major components like wiring or plumbing compared to immediate neighbours.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The data shows this home is very typical for Waller Avenue and the Maybank area in terms of size, lot, and value. It’s not an outlier, which can mean predictable property values and a known neighbourhood character.
2. The assessed value seems low. What does that indicate?
The assessed value is for municipal tax purposes and is not market value. Its assessment is around average for the city and neighbourhood, suggesting the city views it as a standard property for the area, not under or over-improved.
3. What can the 2020 sale price range tell me?
The past sale price (CA$300k–350k) provides a historical benchmark. To understand current market value, this should be compared with recent sales of similar homes, as prices have likely changed since 2020.
4. Is the larger-than-average lot a major advantage?
It can be, offering more privacy, yard space, or future potential (like an addition or garage) than many city lots. However, it also means more yard maintenance.
5. How do I find out the exact past sale price?
The exact sale price is not public record in Manitoba. The listing service offers to provide it manually via email upon request, as noted on the detail page.