39 Lakeshore Road

Property Overview: 39 Lakeshore Road, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by its exceptional scale and premium positioning within its surroundings. The nearly 2,800 sqft home sits on a large, 15,286 sqft lot, placing it in the top 1-3% of both its immediate street and the broader Waverley Heights neighborhood for size. Its assessed value is correspondingly high, ranking #1 on its street and in the top 1% of the area. Built in 1976, the home is typical for its specific street but is notably older than many in the wider neighborhood.

The primary appeal lies in offering substantial space and land in an established, desirable area. It is a property that stands out statistically, suggesting rarity and a commanding presence. It would perfectly suit buyers who prioritize generous indoor and outdoor space over a brand-new build, and who are looking for a home that is a leader within its community rather than just another house on the block. This is a solid choice for those seeking a long-term family home with room to grow, or for someone valuing the maturity of landscaping and established neighborhoods.

Section 2: Frequently Asked Questions

1. Is the home’s 1976 build date a concern?
The year built is exactly average for Lakeshore Road itself, meaning it fits the character of this specific, sought-after street. While newer than the city average, it is older than many homes in the wider Waverley Heights area. Buyers should focus on the condition of major systems (roof, windows, HVAC) and any updates made, as the home's value is driven more by its size, lot, and location than its age.

2. What does the high assessed value indicate?
The assessed value reflects its elite standing on the street and in the neighborhood, primarily due to the large lot and living area. It signals a premium property within a premium area. Market value may differ, but this assessment strongly suggests a top-tier price point for the locale.

3. Who is the typical buyer for this home?
This property suits buyers looking for established prestige and space rather than modern construction. It’s ideal for a family needing multiple bedrooms and generous living areas, or for anyone who values a large, private yard. It may also appeal to those who understand the value of owning one of the largest properties on a prime street.

4. How does the lot size compare practically?
At over 15,000 sqft, the lot is more than double the average for the street and neighborhood. This offers significant potential for gardening, recreation, additions, or simply enjoying ample privacy and green space—a rare find in city limits.

5. Are property taxes likely to be high?
Given that the assessed value is in the top 1% for the neighborhood and top 3% on the street, property taxes will be correspondingly higher than for an average-sized home in Winnipeg. Buyers should budget for a premium tax bill reflective of the property’s elite assessment.