Property Overview
This home at 17 Shearwater Bay presents a balanced offering in Winnipeg's Waverley Heights community. With 1,035 sqft of living space, it sits close to the average for its immediate street but is notably more compact compared to the broader neighborhood average. Its key financial characteristic is a municipal assessed value of $339,000, which is very typical for Shearwater Bay street itself but positions it below the average for both the community and the city, potentially indicating a value opportunity. The 1979 build year is a standout feature, ranking it as one of the newest homes on its street. The lot size of 4,303 sqft is generous for the street but smaller than the community norm.
Who It Appeals To & Key Characteristics
The appeal of this property lies in its relative modernity within a well-established setting and its straightforward, manageable scale. It suits first-time buyers or downsizers looking for a home that requires less upkeep than an older property, without the premium of a brand-new build. The below-average assessment for the area could be attractive to cost-conscious buyers mindful of both purchase price and potential property taxes, though this may also reflect the home's smaller size relative to the neighborhood.
A less obvious perspective is its positioning as a "street-typical" home in a community of larger properties. Buyers gain the benefits and prestige of the Waverley Heights address while maintaining a more modest and efficient footprint. It’s a practical entry point into the area. The lot, while smaller than the community average, is above average for the street, offering a good private outdoor space without being overwhelming to maintain.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
The living space is very close to the average for Shearwater Bay street itself. However, it is smaller than the typical home in the wider Waverley Heights community, making it a more compact option in the area.
2. What does the assessed value tell us?
The assessed value of $339,000 is near the average for the street and the city but is below the average for Waverley Heights. This can suggest a relatively favorable entry point into the community, but it's essential to view the home in person to understand how its condition and features align with this valuation.
3. Is a 1979-built home considered old?
In this context, no. For Shearwater Bay street, 1979 is the newest build year among comparable homes. It is also newer than the average home in both Winnipeg and this specific community, indicating a relatively modern construction for the area.
4. Is the lot a good size?
The lot is above average for Shearwater Bay street, providing decent outdoor space. It is, however, smaller than the typical lot in Waverley Heights as a whole. This translates to less yard maintenance than many neighborhood homes but also less expansive private grounds.
5. Where does this property rank overall in the area?
It presents a mix. It ranks highly for its modern build year. Its living space and lot size are very competitive on its own street but are more modest when compared to the entire Waverley Heights community. The assessed value is strong for the street but more moderate in the broader comparison.