Property Summary: 12 Gundy Lake Bay, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, modern construction, and established value within the desirable Waverley Heights neighborhood. Its key appeal lies in its above-average living area (1,612 sqft) and its notably newer build year (2001), which stands out significantly in both the immediate area and citywide context. The property is positioned on a good-sized lot (6,790 sqft) that offers ample outdoor space while remaining manageable.
The data reveals a thoughtful perspective: this isn't just a large home, but a relatively new home in a mature neighborhood. Its assessed value ranks in the elite top 3% for Waverley Heights, suggesting it is perceived as a premium property within a sought-after area. This combination suits buyers looking for a turn-key home in a well-established community without the maintenance concerns of an older property. It would particularly appeal to growing families or professionals seeking space and modern amenities, and to value-conscious buyers who appreciate a home that outperforms neighborhood averages in key metrics like age and assessed value.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a strong position. It has the second-newest construction and the second-highest assessed value on Gundy Lake Bay, with a living area slightly above the street average. The lot size is slightly smaller than the street average.
2. What does the "Elite" ranking for assessed value in the neighborhood mean?
It means this home's assessed value is in the top 3% of the 1,633 comparable properties in Waverley Heights. This indicates it is considered a high-value property within an already desirable neighborhood, which can be a positive indicator for long-term value retention.
3. Is the 2001 build year a significant advantage?
Yes, especially in this context. The average home in Waverley Heights was built in 1978, and citywide in 1966. A 2001 build typically means more modern construction standards, materials, wiring, and layout, potentially reducing immediate renovation needs.
4. The lot is ranked 8th out of 12 on the street. Is that a drawback?
Not necessarily. While it's slightly below the street's average lot size, it remains significantly larger than both the neighborhood and citywide averages. It offers ample yard space while possibly requiring less maintenance than the largest lots on the block.
5. How should I interpret the different rankings (street, neighborhood, city)?
They provide layered context. A home might be average on its street (where standards are high) but above-average in the wider neighborhood or city. Here, the home shows consistent strength at every level, with its newest construction date being its most standout feature, particularly within the neighborhood.