Property Overview: 1200 Waller Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Waller Avenue in the Maybank neighbourhood stands out for its modern build and substantial size relative to its surroundings. Built in 2019, it is a notably newer construction in an area where most homes are decades older. With 1,759 sqft of living space, it offers significantly more room than typical homes on its street and in Maybank overall. The property’s assessed value of $600k places it in the top tier locally, reflecting its premium positioning.
The primary appeal lies in acquiring a modern, low-maintenance home with contemporary building standards and energy efficiency, without having to move to a brand-new suburban development. It suits buyers looking for move-in-ready comfort, more interior space, and the potential for reduced near-term repair costs. It would particularly resonate with professionals or families who value modern amenities but also appreciate being within an established community. A thoughtful perspective is that this property offers a unique "best of both worlds" scenario: the character of a mature neighbourhood paired with the practicality of a new home, which is a rare find.
Section 2: Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold between $550k-$600k in 2022. With a current assessed value of $600k, this indicates stable or appreciating value in a short timeframe, but any offer should be grounded in a current market evaluation.
2. Is the lot size a drawback for a home of this caliber?
At just over 5,100 sqft, the lot is average for Waller Avenue and Maybank. While not expansive, it is proportionate and likely requires less upkeep. The value here is clearly in the modern, spacious interior rather than in vast outdoor land.
3. What does the "Elite" ranking for Assessed Value really mean?
It means this home’s assessed value is in the top 1% on its street and in Maybank. This signals it is considered a high-value asset in the local context, which can be positive for equity but may also mean property taxes are among the highest in the area.
4. Who might this property not suit?
It may not suit buyers seeking a large, garden-sized lot for extensive landscaping or those wishing to do a full custom build from scratch. It also may not appeal to buyers looking for a vintage character home or a fixer-upper project.
5. How can I verify the exact past sold price?
The listing notes that exact sold prices are provided manually upon request via email. The service is offered without marketing spam, aiming to provide transparency for serious buyers.