Property Overview: 19 Lakeglen Drive, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 19 Lakeglen Drive presents a practical and value-conscious opportunity in the Waverley Heights community. Its key characteristic is balance: it offers a functional 1,040 sqft living space on a generous 6,367 sqft lot that is notably larger than many in the city. Built in 1977, it is one of the newer homes on its specific street, suggesting potentially fewer immediate concerns with aging infrastructure compared to its direct neighbors.
The appeal lies in its positioning as a solid, no-surprises property. Its municipal tax assessment is very close to the neighborhood and city averages, indicating it is not overvalued relative to the market. For buyers, this translates into a manageable entry point into a stable area without paying a premium for above-average square footage. The lot size is a standout feature, offering good outdoor space relative to many Winnipeg homes.
This property would suit first-time buyers or practical downsizers seeking a grounded, low-maintenance home in a mature neighborhood. It’s for someone who prioritizes a reasonable lot size and a structurally sound vintage over a recently renovated interior or expansive living areas. A thoughtful perspective is that its "below-average" living space for the street might mean lower utility costs and less to maintain, aligning with a simpler, more efficient lifestyle.
Section 2: Frequently Asked Questions
1. Is the living space too small?
While the 1,040 sqft living area is below the average for both Lakeglen Drive and Waverley Heights, it is close to the overall city average. It provides adequate space for a small family, couple, or individual and is typical of many well-functioning Winnipeg homes.
2. What does the tax assessment tell us about the property's value?
The assessed value of approximately $394,000 is aligned with community and city averages. This suggests the city’s valuation is in line with the general market, which can provide confidence that you are not overpaying relative to its official taxable worth.
3. How does the 1977 build year affect the home?
Being built in 1977 makes it one of the newest homes on its street. This can be an advantage, as major systems like plumbing, electrical, and the roof may be from a more modern era than older neighbors, though a thorough inspection is still essential to determine their current condition.
4. Is the lot size a significant advantage?
Yes. At over 6,300 sqft, the lot is larger than the average lot in both Winnipeg and the Waverley Heights community. This provides valuable outdoor space for gardening, recreation, or future expansion, which is a premium feature in urban settings.
5. How should I interpret the ranking data provided?
The rankings show how this property compares to others in different geographic circles. The key takeaway is that this home is consistently average or slightly below average in living space and value for its immediate area, but it holds its own or excels in lot size and build year when viewed in the broader Winnipeg context. It’s a competitively priced property within its larger market.