Property Overview: 1110 Waller Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1110 Waller Avenue in Maybank presents a compelling mix of modern convenience and practical value. Its standout feature is its age: built in 2005, it is significantly newer than most homes on its street and across Winnipeg, ranking in the top 5% locally for year built. This suggests updated building systems, modern materials, and potentially lower immediate maintenance needs compared to the city's predominantly mid-century housing stock.
With 948 sqft of living space, the home is cozy and efficient, offering a manageable footprint that is below average for the area. The lot size of just over 5,000 sqft is typical for the neighbourhood, providing a balanced outdoor space without excessive upkeep. Its assessed value is consistently around the average mark when compared to the street, neighbourhood, and city, indicating a stable, mid-range valuation.
The appeal here lies in acquiring a relatively contemporary property in an established area without a premium price tag. It would suit first-time homebuyers seeking a move-in-ready, low-maintenance starter home, or downsizers looking to rightsize into a modern, single-level dwelling (assuming it's bungalow-style, based on the context). It’s a practical choice for those who prioritize modern construction over square footage, offering a chance to live in a mature neighbourhood without taking on an older home’s renovation projects.
Section 2: Frequently Asked Questions
1. What does the "Sold 2023 CA$350k–400k" price range indicate?
This shows the property last sold for an estimated amount within that bracket. For the precise sale price, you can request it via email from the listing service, as they manually provide this non-public data.
2. How does the living area compare practically?
At 948 sqft, the home is about 10-15% smaller than the average comparable home on Waller Avenue (~1,087 sqft). This means efficient use of space is key; it's likely better suited for individuals, couples, or small families.
3. Why is the "Year Built" ranking so high?
The home was built in 2005, while most homes on the street date from the 1950s. This "Elite" top 5% ranking highlights its rarity as a 21st-century build in the area, a major point of differentiation.
4. Is the assessed value a good indicator of the listing price?
Not directly. The assessed value (approx. $36.9k) is for municipal tax purposes. The recent sold price range ($350k-$400k) is a far more accurate reflection of its market value. The large difference is normal in Winnipeg.
5. What can nearby properties tell me?
The listed nearby homes on Waller Avenue are all within 52 meters, showing a tightly knit streetscape of similar lots. The "similar assessed value" properties, however, are in different neighbourhoods (like Varsity View), indicating you can find homes with similar tax valuations across various parts of the city, but with different location benefits.