Property Overview: 212 Gull Lake Road, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home at 212 Gull Lake Road presents a compelling blend of above-average space and a modern build within its immediate neighborhood. With 1,123 sqft of living area, it stands in the top 19% for size on its own street, offering more room than most direct comparables. The lot size of 5,642 sqft is also notably larger than the street average, providing generous outdoor space.
A key, less obvious strength is the home's age. Built in 1990, it is significantly newer than most homes in the broader Waverley Heights community, ranking in the top 3%. This suggests potentially fewer concerns with outdated major systems and a construction era that may align with modern layouts and materials. The property's tax-assessed value is above average for the street but sits close to the mean for both the community and the city, indicating a valuation that is proportionate without being inflated relative to its offerings.
The appeal lies in this balanced positioning. It offers the space and lot size of a premium property on its specific road, combined with the relative modernity that is rare for the wider area. It suits buyers looking for a move-in-ready home in a mature neighborhood who prioritize interior and exterior space on their immediate block, and who value a newer construction date as a form of long-term convenience and reduced immediate renovation risk.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it excels specifically on its own street (Gull Lake Road) in terms of living space, lot size, and modern build. When compared to the entire Waverley Heights community, its most standout feature is its newer construction year (1990), while other metrics like size and value are comfortably close to the community average.
2. What does the tax assessment ranking tell me?
The assessment of $410,000 is higher than the average on Gull Lake Road but aligns closely with averages for the wider area and city. This suggests the property is assessed in line with its market characteristics and is not an outlier, which can provide stability for property tax estimations.
3. The home is newer than most in the area. What are the practical benefits?
A 1990 build likely means updated electrical wiring (e.g., more ample outlets), modern plumbing, and insulation standards better than those of mid-century homes. It may also feature a floorplan that feels more open and connected to contemporary living preferences compared to much older stock in the community.
4. Is the lot size a major advantage?
On Gull Lake Road itself, yes—the lot is in the top 15% for size. Compared to the entire Waverley Heights community, it is close to the average. This means you're getting a larger-than-typical yard for the immediate locale, which is a private benefit, though not exceptionally large for the entire suburb.
5. Who would this property not suit as well?
Buyers seeking a home that is a top-tier standout in every category (size, value, modernity) across the entire city or even the full Waverley Heights community might find it more "above average" than "exceptional." Its strengths are most pronounced in its very immediate vicinity.