Property Overview: 11 Lakeglen Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a balanced profile within its established Waverley Heights neighborhood. Its 1,076 sqft living space is modest for the immediate street but aligns closely with the broader community average, suggesting a comfortable, efficient layout rather than expansive square footage. A key standout is its 1977 build year, which is the newest on Lakeglen Drive, indicating potentially fewer concerns with aging core components compared to neighbors.
The property’s appeal is rooted in its above-average assessed value for tax purposes on its street and within the city, which often reflects favorable attributes like condition, updates, or lot desirability not captured in raw size metrics. While the lot is smaller than others on the same street, it remains a generous size by both community and city standards, offering ample outdoor space without excessive maintenance.
This home would suit practical buyers seeking a well-positioned property in a mature area. It’s ideal for first-time homeowners or downsizers who prioritize a newer build year within an older neighborhood, a manageable house footprint, and a yard that is sizable but not overwhelming. The data suggests a property that competes well on quality and condition rather than sheer scale.
Section 2: Frequently Asked Questions
1. Is the living space too small?
While below the average for Lakeglen Drive specifically, the home’s size is very close to the Waverley Heights community average. It indicates a efficient use of space typical for the wider area, which may be perfectly adequate depending on your needs.
2. Why is the tax assessment value relatively high?
The assessment is above street and city averages. This typically reflects factors like recent renovations, quality of finishes, overall condition, or the property's specific location and appeal, as assessed for municipal tax purposes.
3. What are the advantages of a 1977 build year?
As the newest home on its street, major systems like electrical, plumbing, and insulation may be more modern and up-to-date than those in older neighboring houses, potentially reducing immediate update costs.
4. How does the lot size compare practically?
The lot is smaller than others on Lakeglen Drive but is still larger than most in Waverley Heights and across Winnipeg. This means you likely have plenty of private outdoor space while possibly benefiting from slightly less yard work than neighbors with larger plots.
5. What do these rankings mean for resale?
The profile suggests a home that holds its value well within the community (as seen in its assessment ranking) but with a living area that may appeal to a specific, practical buyer. Its newest-on-street status is a unique selling point in an established area.