Property Summary: 50 Lakedale Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Lakedale Place in Waverley Heights presents a compelling blend of above-average space and established value. Its primary appeal lies in its generous 1,780 sqft living area, which ranks within the top quarter of homes on its street and the top 10% within the wider neighborhood. This suggests a home that offers more interior room than most in the area without being an outlier. Built in 1977, it is typical for its immediate street but is a newer construction compared to the Winnipeg citywide average, potentially indicating fewer age-related concerns than many city homes.
The assessed value of $452k is consistently above average at every level—street, neighborhood, and city—reinforcing its perceived worth in the market. A thoughtful perspective is that while the lot size is average for the city and neighborhood, it is somewhat smaller than the typical lot on Lakedale Place itself. This creates an interesting dynamic: you get a larger-than-average house on a manageable, standard-sized parcel, which could appeal to those who prioritize interior space over extensive yard maintenance.
This property would best suit buyers looking for a well-sized, established home in a mature neighborhood. It’s ideal for someone who values space and a solid investment profile over a brand-new build or a very large garden. The numbers suggest a home that is both a comfortable living space and a competitively positioned asset within its community.
Section 2: Frequently Asked Questions
1. Is the living space truly larger than most comparable homes?
Yes. The 1,780 sqft living area is notably above the neighborhood average (1,239 sqft) and the city average (1,342 sqft), placing it in the top 9% of homes in Waverley Heights for interior space.
2. How does the lot size compare to others on the street?
The lot is 5,996 sqft, which is smaller than the street average of 8,071 sqft. This means the home sits on a more standard, manageable lot compared to some larger properties on Lakedale Place, but it is still very typical for the wider neighborhood and city.
3. What does the assessed value tell us?
An assessed value of $452k, which is above average at every comparison level, indicates the property is consistently valued higher than many peers. This often reflects factors like its size, condition, and location, and can be a marker of stable or strong market perception.
4. Is a 1977-built home considered old?
While it’s a 46-year-old home, the data shows it was built in the same average year as others on its street and is actually newer than the Winnipeg citywide average for comparable homes (1966). It represents a mature, established property rather than an exceptionally old one in the broader context.
5. How does this home rank overall in its area?
It ranks very well for living space (top 9% in the neighborhood) and assessed value (top 19% in the neighborhood). Its age is typical on the street, and its lot size is average for the area. The overall profile is of a home that excels in interior size and value, with other characteristics being standard for the location.