Property Summary: 19 Lake Linnet Place
Key Characteristics & Appeal
This home presents a compelling value proposition within the desirable Waverley Heights neighborhood. Its primary appeal lies in the combination of a generous, above-average lot size and a solid, well-maintained structure from 1977. At just over 1,300 sqft, the living space is typical for the city but is positioned on a lot that ranks in the top 10% of the neighborhood and top 8% citywide, offering significant outdoor space and potential.
The property’s assessed value tells an important story: while it is average for its specific street, it ranks well above average for both the neighborhood and the entire city. This suggests you are investing in a premium location, with the house itself representing an opportunity. It suits buyers who prioritize land size and location over sheer interior square footage—perfect for those envisioning gardens, expansions, or simply more private outdoor living. It’s a home for a pragmatic buyer who sees the inherent value in a larger parcel in a established community, understanding that the structure, while dated, offers a sound canvas in a highly regarded setting.
Frequently Asked Questions
1. Is the house smaller than others on the street?
Yes, the living area is somewhat below the average for Lake Linnet Place itself. However, it is above the broader neighborhood average and on par with the city average, indicating the street consists of particularly spacious homes.
2. What does the assessed value ranking mean for property taxes?
The assessed value is above the neighborhood and city averages, which is a key factor in property tax calculation. Prospective buyers should budget for taxes commensurate with a higher-value home in the Waverley Heights area.
3. How does the 1977 build year compare?
On its own street, it is the newest among comparable homes. In the wider context, it is average for the neighborhood and slightly newer than the city average for similar properties, indicating a well-established home in a mature area.
4. What is the real advantage of the lot size?
The nearly 9,000 sqft lot is the home's standout feature. It provides substantial extra space compared to most properties in Winnipeg, offering greater privacy, room for recreation, and future flexibility that is increasingly rare.
5. Who is this property ideally suited for?
It best suits a buyer whose priority is securing a large lot in a strong neighborhood. It’s an excellent fit for someone comfortable with a home of average size that may require updates, in exchange for the long-term value and potential afforded by the land itself.