Property Summary: 10 Lake Albrin Bay, Waverley Heights
Section 1: Key Characteristics & Appeal
This home at 10 Lake Albrin Bay presents a well-proportioned and established offering in the Waverley Heights neighborhood. Its primary appeal lies in its balanced, above-average living space of 1,499 sqft, which is notably larger than most comparable homes on its street and in the immediate area. Built in 1978, it is typical for the street but is actually among the newer homes within the broader neighborhood context. The lot size of 6,347 sqft is a standout at the city level, offering more outdoor space than about 75% of similar Winnipeg properties, while being a manageable size relative to its own street.
The property’s assessed value sits comfortably around the average for its street, neighborhood, and city, suggesting a fair and stable market position without premium pricing. This combination suits buyers looking for a spacious, classic home on a generous lot without venturing into the highest price tier. It would particularly appeal to those who value room to grow or entertain more than ultra-modern finishes, and who appreciate a home that is consistent with—but slightly advantaged within—a mature, established community.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
This home’s living area is a key strength. At 1,499 sqft, it is larger than approximately 80% of similar homes in the Waverley Heights neighborhood and 77% of those on Lake Albrin Bay itself.
2. Is the assessed value high for the area?
No, it is positioned around the average. The assessed value of $415k is very close to the benchmarks for the street, neighborhood, and city, indicating it is priced in line with market norms rather than at a premium.
3. What is the lot like, and is it typical?
The 6,347 sqft lot is larger than the average for both the city and the neighborhood. On its own street, lots tend to be larger on average, so this property’s lot is slightly below that specific street average but remains a substantial size overall.
4. Is this an older home, and how does its age compare?
Built in 1978, the home is of a typical vintage for the area. It is of average age for its street, but ranks in the top 20% newer homes within the wider Waverley Heights neighborhood, meaning many surrounding homes are older.
5. Where does this property stand out most?
Its most notable advantages are the above-average living space for the local area and the larger-than-city-average lot size. This creates a value proposition centered on spaciousness, both indoors and out, within a fairly priced, established setting.