Property Summary: 70 Augusta Drive, Waverley Heights
Key Characteristics & Appeal
This 1976-built home on Augusta Drive presents a balanced offering in Winnipeg's Waverley Heights neighborhood. Its primary appeal lies in its generous 7,242 sqft lot, which is notably larger than most on its street and in the wider area, offering excellent outdoor potential. The 1,176 sqft living area is consistently average for its context—neither a standout nor a drawback—suggesting a comfortable, manageable size. With an assessed value of $419k, it sits around the average for its immediate street but represents a premium compared to many homes across the wider neighborhood and city, indicating a desirable location.
This property suits practical buyers who prioritize land size over a large interior footprint. It’s ideal for someone wanting room for gardens, play, or future additions without the upkeep of an oversized house. The data suggests it’s a stable, established choice in a mature area, likely appealing to downsizers seeking a sizable yard or young families valuing outdoor space who are comfortable with a home of average interior size and vintage. A thoughtful perspective is that its consistent "around average" rankings in living area, value, and age imply less risk of overpaying for inflated features, but also less immediate standout equity from the structure itself—the land is the key asset.
Frequently Asked Questions
1. Is the house smaller than average?
The living area is very close to the averages for Augusta Drive, Waverley Heights, and Winnipeg overall. It is a comfortably average-sized home for its context, not unusually small.
2. Why is the assessed value higher than the neighborhood average?
The assessed value reflects the specific location on Augusta Drive, where average values are higher than in the broader Waverley Heights area. The property's large lot size is also a significant contributor to its value.
3. What does the lot size ranking actually mean?
The lot is 7,242 sqft, ranking in the top 6% on Augusta Drive. This means it's substantially larger than most direct neighbors, offering more privacy and usable outdoor space than is typical for the street.
4. Is a 1976 build date a concern?
The year built is typical for the street and neighborhood. While not a new build, it is newer than the citywide average for comparable homes. As with any home of this age, a thorough inspection of systems, roof, and windows is recommended.
5. How should I interpret these rankings?
They provide context. This home offers a premium lot in a stable, established setting. The house itself is not the standout feature; the appeal is in the total package of a standard-sized, well-located home on a larger-than-average parcel of land.