Property Overview
80 Quincy Bay is a well-situated home in Waverley Heights that presents a balanced, middle-of-the-market opportunity. Its appeal lies in its solid positioning within a stable neighborhood, offering a practical footprint without extreme premiums or compromises. The home suits buyers looking for a move-in ready property that aligns with established area averages, particularly those who value a manageable lot and a home that is newer than many across the city.
Key Characteristics & Appeal:
The 1,190 sqft home, built in 1977, sits on a 6,047 sqft lot. Its core strength is consistency: its living area, assessed value ($426k), and age are all ranked "Around Average" to "Above Average" when compared to its immediate street, neighborhood, and Winnipeg overall. This suggests a property that holds its own without standing out for being unusually large or small. A thoughtful perspective is that while the lot size is below average for Quincy Bay street, it is actually above average citywide. This could appeal to buyers who want a generous yard by city standards but prefer less maintenance than the larger lots on the same block. The home’s construction year is notably newer than both the street and city averages, a potential plus for systems and structure. It’s a property for pragmatic buyers—not necessarily seeking the biggest or newest on the block, but a comfortable and competitively positioned home in a community context.
Ideal Buyer:
This home is an excellent match for first-time buyers or downsizers seeking a straightforward entry into the Waverley Heights area. It would also suit value-conscious investors or families looking for a balanced property where the investment is aligned with neighborhood norms, minimizing the risk of being over-improved or under-improved for the area.
Frequently Asked Questions
1. Is this property overvalued or undervalued?
The assessed value of $426k is consistently higher than the average for the neighborhood, city, and even its own street. This suggests the assessment reflects a solid, above-average valuation within its peer group, not an obvious outlier.
2. How does the lot size compare?
The lot is smaller than most on Quincy Bay but is actually larger than the average lot across Winnipeg. It offers a city-typical yard while likely requiring less upkeep than the larger properties immediately surrounding it.
3. What does the "Above Average" age ranking mean?
Built in 1977, the home is newer than over 70% of comparable homes on its street and newer than the Winnipeg average. This can be an advantage, potentially indicating updated infrastructure or building standards compared to older stock.
4. Who might find the living area limiting?
At 1,190 sqft, the living space is slightly below the street and city averages. It would best suit smaller households or those comfortable with efficient use of space, rather than buyers prioritizing maximum square footage.
5. What is the main takeaway from all these rankings?
The data paints a picture of a stable, mid-tier property. Nothing about its key metrics is extreme. For the right buyer, this represents a lower-risk purchase in a known quantity—a home that comfortably fits within the fabric of its community without surprising deviations.