Property Overview
This well-situated home at 91 Lake Albrin Bay in Waverley Heights presents a practical opportunity in a mature neighborhood. Built in 1977, it offers 1,110 sqft of living space on a 5,499 sqft lot, with an assessed value of $399k. The appeal here is one of balance and positioning. While the home is modest in size relative to others on its own street, it sits comfortably around the average for the wider Waverley Heights area and the city. This suggests a property that is priced accessibly for the neighborhood, potentially offering an entry point into a desirable location without the premium of a larger footprint. It would suit first-time buyers, downsizers, or investors looking for a solid, no-fuss property in an established community. A thoughtful perspective is that its slightly smaller scale could mean lower utility costs and less maintenance, while its assessed value being above the citywide average indicates the underlying strength of the location.
Frequently Asked Questions
1. Is this house smaller than most on the street?
Yes. At 1,110 sqft, the living area is below the street average of 1,280 sqft, ranking 24th out of 30 homes on Lake Albrin Bay.
2. How does the value compare to the area?
The assessed value of $399k is very close to the Waverley Heights neighborhood average of $398.1k, but is below the average for this specific street ($426k). This indicates a value-oriented position within a potentially premium street.
3. What is the lot size like?
The 5,499 sqft lot is below the street average but near the neighborhood average. It provides a manageable outdoor space typical of the broader area, though not as large as some direct neighbors.
4. Is the house older than others nearby?
Built in 1977, it is very typical for the area, aligning with the average build year for both the street and Waverley Heights. It is actually newer than the citywide average for comparable homes.
5. What does the "Top X%" ranking mean?
It shows how this property compares to similar homes in a given scope. For example, its living area is in the "Top 80%" on its street, meaning about 80% of comparable street homes have more living area. Conversely, its citywide assessed value is in the "Top 39%", meaning about 61% of comparable city homes have a higher assessed value.