Property Overview
This home at 14 Santa Clara Crescent in Winnipeg's Waverley Heights neighborhood presents a compelling mix of above-average interior space and modern construction within its local context. Its primary appeal lies not in having the largest lot, but in offering a more contemporary and generously proportioned living area compared to most homes on its street and in the wider community.
Key Characteristics & Ideal Buyer
The 1,440 sqft residence stands out for its size, ranking within the top 13% on its street and top 23% in Waverley Heights. It is a notably newer build (1982) for the area, placing it in the top 5% of the community, which often suggests updates in building materials and systems. The property's assessed value is significantly above local averages, ranking first on its street and within the top 8% of the neighborhood, indicating its perceived quality and desirability within the immediate market.
The trade-off is a land size (5,698 sqft) that is slightly below the street average, though it aligns more closely with the community norm. This profile suits buyers who prioritize interior living space and a more modern build over a vast yard. It's ideal for professionals or families seeking a move-in-ready home in a established area, who value being at the higher end of their local market in terms of both space and perceived value.
Frequently Asked Questions
1. What does the high assessment value ranking mean for property taxes?
A higher assessment value relative to neighbors typically leads to higher property taxes. While it signals the home is considered a premium property in the area, buyers should budget accordingly.
2. The home is newer than most nearby, but built in 1982. What should I check?
While modern for the neighborhood, a 1980s build may still contain original components like roofing, windows, or major appliances that could be nearing the end of their service life. A thorough inspection is recommended.
3. The lot is smaller than others on the street. How much of an impact does this have?
It means less private outdoor space compared to some direct neighbors. However, the lot size is still standard for the broader community and may result in less maintenance. It's a practical choice for those who value indoor space over extensive landscaping.
4. The home ranks highly locally but closer to average city-wide. How should I interpret this?
This highlights the importance of neighborhood context. You are acquiring a top-tier property within the desirable Waverley Heights area, which holds more relevance for daily living and local resale than city-wide comparisons.
5. What might explain the combination of a newer, larger house on a slightly smaller lot?
This pattern is common in established neighborhoods where older, smaller homes are replaced or significantly renovated over time. The newer, larger structure maximizes the living space on the existing lot footprint, a sign of the property's evolution and investment.