Property Summary: 70 Lakedale Place, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Waverley Heights presents a balanced and practical offering. Its key appeal lies in its generous, above-average lot size of over 8,100 sqft within the neighborhood, providing valuable outdoor space that is less common city-wide. Built in 1977, it is notably newer than many Winnipeg homes and is among the more recently built properties on its own street.
The living area of 1,200 sqft is competitively sized, positioning the home solidly in the middle range for its immediate area and the broader city. The assessed value of $439k reflects a home that is valued above average for both the neighborhood and Winnipeg overall, suggesting a perception of quality and a desirable location.
This property would suit buyers looking for a established home in a mature area, who prioritize a larger yard over a maximized interior footprint. It represents a sensible choice for someone seeking a home that is newer than the city standard, on a lot with room to grow, without being an outlier in size or price on its own street.
Section 2: Frequently Asked Questions
Q: How does this home’s size compare to others nearby?
A: The 1,200 sqft living area is very close to the neighborhood average and provides a comfortable, mid-sized layout. Its standout feature is the land, as the lot is significantly larger than typical lots in both Waverley Heights and across Winnipeg.
Q: What does the assessed value ranking tell me?
A: Ranked in the top 25% in its neighborhood and top 30% city-wide, the $439k assessment indicates the property is considered above average in value for its area. This often correlates with factors like lot size, condition, and location desirability.
Q: Is 1977 considered old for this area?
A: Not at all. While the home itself is approaching 50 years, it was built later than the average Winnipeg home. On its own street, it ranks in the top 11% by year built, meaning it is actually one of the newer homes in that specific grouping.
Q: The rankings show "Around Average" for living area on the street. Is that a concern?
A: Not necessarily. This indicates the home fits seamlessly into the streetscape. It avoids the potential downsides of being the smallest house on the block, while its above-average lot size and newer construction provide distinct advantages.
Q: Are these rankings based on exact matches or general comparisons?
A: The rankings compare this home to a broad group of "comparable homes" in each scope (street, neighborhood, city). The "Avg" provided is a median benchmark, offering a reliable snapshot of how this property measures up in key categories against relevant peers.