Property Overview: 94 Lake Village Road, Waverley Heights
Section 1: Key Characteristics & Appeal
This 1977-built home in Waverley Heights presents a compelling mix of space, value, and location. Its primary strength is its generous living area of 1,296 sqft, which is notably larger than most homes on its street and in the immediate area, offering above-average interior space for the neighbourhood. With an assessed value of $301,000, it sits below the typical price point for Waverley Heights, suggesting a potential value opportunity for buyers seeking entry into this area.
The appeal lies in this balance: you acquire more house for your money compared to neighbours, within a home that is newer than most on its street. It would suit practical buyers looking for established-character homes with room to grow, and value-conscious purchasers aiming for the Waverley Heights neighbourhood without paying a premium for lot size, as the property sits on a smaller, more manageable parcel of land. This is a home for those who prioritize indoor living space and location over a large yard.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it could be. The home’s assessed value is below the area average, while its living space is significantly above average. This disconnect can sometimes indicate a value proposition, though viewing the interior condition is essential to understand the full picture.
2. How does the lot size impact the property?
At 3,224 sqft, the lot is smaller than most in Waverley Heights and the wider city. This means lower maintenance, which is a plus for many, but less private outdoor space. It reflects a more efficient use of land, focusing the property’s footprint on the home itself.
3. What does the year built (1977) mean for a buyer?
Built in 1977, the home is newer than many on its street and is around the average age for the city. Buyers should expect features and systems typical of the late 1970s, which may require updates but also avoids some of the maintenance issues of much older homes.
4. Why is there no sales history shown?
The platform does not source data from the MLS. You can request the exact sales history by emailing them directly for a manual lookup, which they provide without using your email for marketing.
5. How reliable is this comparative data?
The rankings are based on publicly available assessment data, offering a solid comparative snapshot. For fully verified sales figures and a complete transaction history, consulting directly with a real estate agent or utilizing the site’s manual lookup service is recommended.