Property Summary: 133 Augusta Drive, Waverley Heights
Key Characteristics & Appeal
This home at 133 Augusta Drive presents a compelling opportunity in the Waverley Heights neighborhood. Its primary strength lies in its above-average size and value relative to its immediate surroundings. With 1,693 sqft of living space, the home is notably larger than most comparable properties on its street and in the wider neighborhood, placing it in the top 10-13% locally. This trend continues with its assessed value of $481k, which sits above the local averages, suggesting a perception of quality or desirability specific to this property.
Built in 1978, the home is typical for the area but is newer than the citywide average. The lot size of 5,891 sqft is consistent with local norms, offering standard outdoor space without being a standout feature.
The appeal here is one of established, relative advantage within a mature community. It suits buyers looking for a home that already outperforms its peers in key metrics like space and assessed value, potentially indicating better finishes, layout, or positioning. It’s an ideal fit for someone who values neighborhood character and wants a property that is a step above the area average without venturing into the premium luxury market. A thoughtful perspective is that this data suggests a property that has been maintained or upgraded in line with the upper tier of its community, offering a sense of security and proven desirability.
Frequently Asked Questions
1. What do these rankings actually mean for me as a buyer?
They provide context. The data shows this home offers more living space and carries a higher assessed value than most similar homes directly around it. This can indicate a better-than-average investment within the neighborhood and often correlates with features or condition that the market recognizes.
2. The lot size is listed as "around average." Is that a drawback?
Not necessarily. It means the property is in line with the established character of Waverley Heights. For many buyers, a standard lot size in a desirable neighborhood is preferable to an unusually large lot that may require more maintenance, especially if the living space inside is already above average.
3. The home was built in 1978. Should I be concerned about major updates?
A home of this age may have had crucial systems like roofing, windows, or HVAC updated. The fact that its value ranks highly suggests it has been maintained well. A thorough inspection will be key to identify the condition of original components and any renovations.
4. Does a higher assessed value mean my property taxes will be significantly higher?
Typically, yes. A higher assessed value generally leads to a higher property tax bill compared to similar-sized homes in the same city with a lower assessment. It’s a trade-off for owning a property that is statistically valued more highly by the tax authority.
5. How should I use this data when making an offer?
This information arms you with the objective context of how the property fits within its market. It supports the asking price by demonstrating the home’s superior size and value rank. However, it should be combined with a physical viewing, inspection, and review of recent sale prices for the most complete picture.