Property Overview
This well-situated home at 34 Providence Place in Waverley Heights presents a solid, grounded opportunity. Built in 1975, its 1,342 sqft of living space sits on a generous 7,457 sqft lot. The appeal here is one of balance and space. While the home itself is comparable in size and value to many others in Winnipeg, its true standout feature is the lot size, which is notably larger than most in both the neighborhood and the wider city. This creates immediate value for outdoor living, gardening, or future expansion. The property suits practical buyers looking for a established home in a mature area without a premium price tag, particularly those who prioritize private outdoor space over a brand-new build. It’s a home that offers more "ground" than the average, appealing to downsizers seeking room for a garden, or growing families wanting a sizable yard without moving to the outskirts.
Key Details & FAQs
What are the key characteristics?
The home is a 1,342 sqft bungalow built in 1975, situated on a 7,457 sqft lot. Its assessed value is $425k. The lot size is a key asset, ranking well above neighborhood and city averages.
Where does its main appeal lie?
The primary appeal is the combination of a very large, private lot with a home that is financially accessible and functionally sized. It offers room to breathe and personalize outdoors without the burden of an oversized house to maintain.
Who would this property suit best?
It would suit value-conscious buyers who see potential in land and location. This includes first-time buyers looking for a starter home with room to grow outdoors, or empty-nesters wanting a manageable single-level home with ample garden space, a rarity in many established neighborhoods.
How does it compare to other homes on the street?
On its own street, the home is average for living area and lot size, but it is the newest build among the 15 comparable properties listed. Its assessed value is slightly below the street average.
Is the home older than others in Waverley Heights?
Yes. Built in 1975, it is older than the average home in the Waverley Heights neighborhood, which may indicate more mature landscaping and established infrastructure, but buyers should factor in the potential for updates relative to newer builds.