Property Overview: 1667 Chancellor Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This property at 1667 Chancellor Drive stands out as a modern and spacious home in a well-established Winnipeg neighborhood. Its primary appeal lies in a rare combination of new construction and generous land size, offering a contemporary living experience with ample outdoor space.
Key Characteristics:
- Modern Build: Constructed in 2015, it is the newest home on its street and within the entire Waverley Heights community, suggesting modern building standards, energy efficiency, and minimal immediate maintenance concerns.
- Exceptional Lot Size: The property sits on a 22,871 sqft lot, placing it in the top 1% for land area across the street, neighborhood, and city. This provides significant privacy, space for gardens, recreation, or future expansions.
- Above-Average Living Space: With 1,786 sqft of living area, the home is substantially larger than most comparable properties on its street and in the immediate area, offering comfortable room for family living.
- High Assessed Value: The property's tax assessment of $560,000 ranks in the top 4% on its street and top 3% in the neighborhood, reflecting its premium attributes and likely commanding a strong market position.
Ideal Buyer Profile:
This home is ideally suited for buyers seeking a modern, move-in-ready property without sacrificing yard space. It would particularly appeal to growing families or professionals who value both a contemporary interior and the potential of a large, private outdoor area. It also represents a compelling option for those looking for a home with above-average metrics in a mature community, offering a blend of new comforts within an established setting.
Section 2: Frequently Asked Questions
1. How does the 2015 build date benefit me practically?
A newer home like this typically means updated electrical and plumbing systems, better insulation for energy savings, modern windows, and compliance with recent building codes. It often translates to lower immediate repair costs and greater efficiency.
2. The lot is exceptionally large. What are the potential uses or responsibilities?
Beyond privacy and space, a lot of this size allows for extensive landscaping, large gardens, or adding structures like a shed or workshop. Buyers should consider the associated maintenance (lawn care, snow clearing) and ensure local zoning allows for any future plans.
3. The assessed value is high. Will my property taxes be significantly higher?
While a higher assessment generally leads to higher property taxes, it's not a direct 1:1 relationship. Taxes are based on the municipal mill rate. This assessment does indicate the city views the property as a premium one, but you should budget for taxes commensurate with a home in this value range.
4. The living space is above average for the street, but how does the layout function?
The square footage is generous for the area. Prospective buyers should verify the room count, floor plan layout, and storage solutions to ensure the space meets their specific needs for bedrooms, living areas, and functionality.
5. What does ranking in the top 1% for lot size in the entire city really mean for resale?
This is a standout,稀缺 feature. In a market where newer homes often sit on smaller lots, this combination is rare. It provides a lasting competitive advantage and broad appeal, likely supporting the property's value over time compared to homes with standard-sized yards.