Property Overview
This home at 17 Alumni Place presents a solid, middle-of-the-road opportunity in the Waverley Heights neighborhood. Built in 1974, it is newer than most on its specific street but is a slightly older offering within the broader neighborhood context. With 1,176 sqft of living space, the home is very typical for its immediate area, city, and neighborhood. Its assessed value of $380k sits slightly below the average for Alumni Place itself, yet is competitive both within Waverley Heights and across Winnipeg. A key standout feature is the 6,888 sqft lot, which is notably larger than both the neighborhood and city averages, offering valuable outdoor space.
The appeal here lies in its consistency and the potential of its generous lot. It’s a property that doesn’t excel dramatically in any single metric but also doesn’t fall seriously short, representing a stable and predictable entry into the market. It would suit first-time buyers or practical downsizers looking for a manageable home size without sacrificing yard space. The data suggests it’s a "value-conscious" choice on its own street, potentially offering more land for a slightly lower assessed value than its immediate neighbors.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The data suggests it might be. Its assessed value is below the average for Alumni Place, while its living area is very close to the street average. You're effectively getting a typical-sized home for a slightly below-average price on that specific street.
2. How does the lot size compare to other properties?
The lot is a significant advantage. At 6,888 sqft, it is larger than approximately 75% of lots in the Waverley Heights neighborhood and 82% of lots citywide for comparable homes. This is well above average for the area.
3. The house was built in 1974. Is that a concern?
It's a mixed point. On Alumni Place, it's actually the newest home among the nine compared. However, within the wider Waverley Heights neighborhood, it is older than about 93% of comparable homes. A thorough inspection is always advised for a home of this age.
4. What does the ranking data actually tell me?
The percentile rankings (e.g., Top 44%) show how this property compares to a group of similar homes. For example, its living area is larger than 52% of comparable homes citywide, placing it squarely in the middle. The lot size ranking in the top 25% neighborhood-wide is a clearer indicator of above-average performance.
5. Who would this property not be suitable for?
Buyers seeking a modern, recently built home may find the 1974 build date a drawback compared to newer stock in the broader neighborhood. Similarly, those prioritizing maximum interior square footage over outdoor space might find the living area merely adequate rather than spacious.