Property Overview: 197 Augusta Drive, Waverley Heights
Key Characteristics & Appeal
This 1,360 sqft bungalow, built in 1977, presents a solid, middle-of-the-road opportunity in the established Waverley Heights neighborhood. Its primary appeal lies in its consistency and stability rather than standout extremes. The home sits on a 6,050 sqft lot, which is notably above average for the neighborhood and provides valuable outdoor space. While its living area and assessed value ($424k) are consistently "around average" when compared to the street, neighborhood, and city, this actually signals a predictable and well-anchored investment without the premium or discount that can indicate hidden issues or exceptional features.
The property would suit practical buyers looking for a move-in-ready home in a mature area without the volatility of a highly unique or dated property. It’s a strong fit for first-time homeowners seeking a manageable footprint, downsizers wanting a single-level layout, or investors attracted to a stable asset in a consistent market segment. A thoughtful perspective is that its very "averageness" is a form of insulation—it’s less likely to be overpriced due to hype or suffer from being an outlier that’s difficult to comp, making valuation straightforward.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $424k is very close to the averages for the street, area, and city, suggesting it is a reliable benchmark. In a balanced market, the sale price often aligns closely with this figure, though current market conditions and the home’s specific interior condition will be the final determinants.
2. How does the lot size compare, and why does it matter?
At 6,050 sqft, the lot is above the neighborhood average. This is a key advantage, offering more private outdoor space, potential for gardening or expansion, and typically better resale value per square foot of land compared to smaller lots in the same area.
3. The home was built in 1977. What should I expect regarding updates and maintenance?
Homes of this era may have original components nearing the end of their service life. A thorough inspection is crucial to assess the condition of the roof, windows, plumbing, electrical systems, and major appliances. Budgeting for modernizations is a prudent step.
4. Why is there no sales history shown for this listing?
Publicly available sold price data is not sourced from the MLS. To obtain the full, verified transaction history and exact past sale figures, you must request a manual lookup via the provided email service on the listing page.
5. How does this home rank within Waverley Heights, and what does that mean?
The home ranks in the top 26% for living area in the neighborhood, meaning it’s a bit more spacious than many peers. For value and lot size, it ranks in the top 33-43%, indicating it’s a competitive, mainstream property within the community, not a niche offering.