Property Overview: 79 Lakeglen Drive
Section 1: Key Characteristics & Appeal
This well-situated home at 79 Lakeglen Drive presents a balanced and practical offering in the Waverley Heights neighborhood. Its primary appeal lies in its strong, consistent positioning across key metrics when compared to its immediate surroundings, city averages, and assessed value.
The 1,200 sqft living space is notably above average for its own street, offering more room than most direct neighbors. The lot size of just over 7,000 sqft is a significant asset, ranking well above average for both the neighborhood and the wider city, providing ample outdoor space that is increasingly rare. A standout feature is the 1977 build year, which is the newest on Lakeglen Drive, suggesting potentially fewer age-related concerns than neighboring properties. The assessed value aligns very closely with local averages, indicating a market-ready price point.
This property would suit buyers looking for a move-in-ready home that doesn’t require standing out as the largest or most expensive on the block, but rather one that offers solid, above-average fundamentals on a desirable lot. It’s an ideal fit for young families seeking space to grow, or for downsizers who want a manageable home without sacrificing yard size. The data suggests a home that is a comfortable leader on its own street in terms of modernity and living space, while holding its own as a competitively priced option in the broader market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is 1,200 sqft, which is larger than the average home on Lakeglen Drive itself. It is competitively sized within the Waverley Heights neighborhood and the city of Winnipeg overall.
2. Is the lot size a notable feature?
Yes. The 7,075 sqft lot is a key strength, ranking in the top 20% within the Waverley Heights neighborhood. It provides more outdoor space than most comparable properties in the area.
3. What does the "newest on the street" build year mean for me?
Built in 1977, this home is the most recently constructed on its street. This can be an advantage, as it may have benefited from slightly updated construction standards or materials compared to immediate neighbors, potentially reducing the immediacy of major system replacements.
4. Is the assessed value a good indicator of the listing price?
The assessed value of $412k is very close to the average for its street and neighborhood. It serves as a strong, objective benchmark that the listing price will likely reference, suggesting it is priced in line with market valuations.
5. What is the overall market position of this property?
The data paints a picture of a home that is a high performer on its specific street, particularly in living area and age. In the wider context of the neighborhood and city, it is a solidly average-to-above-average property in terms of space and lot size, priced accordingly. Its appeal is in its balanced, no-surprises profile with standout outdoor space.