Property Summary: 50 Lakepointe Road, Waverley Heights
Section 1: Key Characteristics & Appeal
This home stands out as a strong, above-average offering within its immediate surroundings. Its primary appeal lies in its superior positioning on Lakepointe Road itself. With an assessed value ranked 2nd out of 21 homes on the street and a living area that is notably larger than the street average, it represents one of the more substantial and valuable properties in this specific locale. The generous 7,367 sqft lot is a key asset, offering ample outdoor space that is well above norms for both the street and the wider Waverley Heights neighborhood.
Built in 1978, the home is newer than most comparable properties city-wide, which may suggest updated infrastructure or a favorable construction era. The data paints a picture of a property that is a high performer on its block and in its community, while holding solid, average-to-above-average metrics city-wide. This home would best suit a buyer who values established neighborhoods with spacious lots, and who understands the premium for a top-tier property on a desirable street. It’s for those looking for a home that already outperforms its immediate peers, offering a sense of relative value and stability within the community fabric.
Section 2: Frequently Asked Questions
Q: How does this home truly compare to others nearby?
A: The data shows it’s a leader on its own street. It ranks in the top 10% for assessed value and lot size, and top 24% for living area among the 21 comparable homes on Lakepointe Road. Its position is strong within the broader Waverley Heights neighborhood as well.
Q: The home was built in 1978. Is that a concern?
A: Interestingly, 1978 is the average build year for the neighborhood. On this specific street, it’s actually ranked #1, meaning it is the newest or among the newest in its direct peer group. This suggests it may have advantages over older homes on the block.
Q: Is the living space sufficient for a growing family?
A: At 1,307 sqft, the living area is larger than the average home on this street (1,169 sqft) and in Waverley Heights (1,239 sqft). It provides above-average space for the immediate area, which is a positive sign for functionality.
Q: What does the assessed value ranking tell me?
A: Being ranked 2nd highest on the street for assessed value indicates the municipality views this as one of the most valuable properties on the block. This often correlates with market perception, but it's not a direct market appraisal.
Q: The lot size seems large. How significant is it?
A: The 7,367 sqft lot is a standout feature. It’s over 1,000 sqft larger than the street average and nearly 1,400 sqft larger than the neighborhood average. This offers significant potential for outdoor living, gardening, expansion, or simply more privacy.