Property Overview
This well-maintained 1980 bungalow at 164 Augusta Drive in Waverley Heights presents a practical and comfortable living opportunity. With 1,148 sqft of living space on a 5,498 sqft lot, its metrics are consistently "around average" when compared to the wider neighborhood and city, suggesting it fits neatly into the established local market. Its standout characteristic is its age; built in 1980, it is newer than most homes on its street and in Waverley Heights, which can imply updated building standards and potentially less immediate concern for major structural upkeep.
The appeal here is one of balance and realism. The property doesn't lead on sheer size or premium valuation, but offers a solid, newer-than-average home in a mature neighborhood. It suits first-time buyers seeking a manageable, move-in-ready bungalow, or downsizers looking for a single-level layout without the premium often attached to newer builds. A thoughtful perspective is that its "average" rankings across key metrics provide a stable, predictable foundation for value, insulating it from the extremes of being either over-improved or under-improved for the area. The lot, while smaller than most on Augusta Drive, is still generous by city standards and offers low-maintenance potential.
Frequently Asked Questions
1. Is this property a good value compared to its neighbors?
The assessed value is slightly below the street average but aligns closely with the neighborhood and city averages. This positioning suggests it is priced appropriately within the broader market, potentially offering a relative value on a street with higher-average homes.
2. What does the "newer than average" build year mean for me?
A 1980 build date means major components like wiring, plumbing, and insulation likely meet more modern standards than older area homes. It may indicate a reduced likelihood of issues common in mid-century builds, though a thorough inspection for any age-related updates (like roofing or windows) is still essential.
3. The living area is noted as "around average." Is the space sufficient for a family?
At 1,148 sqft, the living area is typical for the area's bungalows. It is well-suited for small families, couples, or individuals. Buyers should prioritize the functional layout of the space over the square footage alone, as bungalows often use space efficiently.
4. How should I interpret the smaller lot size for this street?
While the lot is smaller than most on Augusta Drive, it remains a standard size for Winnipeg. This can be an advantage for those seeking less yard maintenance while still having private outdoor space. It's a trade-off between expansive grounds and easier upkeep.
5. Are these rankings a guarantee of the property's condition or future value?
No. These rankings are a statistical comparison of measurable data points (size, value, age, lot size). They provide excellent context for how the property fits into its market but do not comment on its interior condition, updates, layout, or aesthetic appeal, which must be evaluated in person.