Property Overview: 118 Quincy Bay, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 118 Quincy Bay is a well-situated property that represents a solid, middle-of-the-road offering in the Winnipeg market. Built in 1977, it is slightly newer than many homes on its street and in the broader city. With 1,190 sqft of living space, it provides a practical footprint that is very close to the average for both the immediate neighborhood and the Waverley Heights community, making it a comfortable size for a small family or couple.
The property’s appeal lies in its balance and established location. The lot size of 6,239 sqft is notably larger than the city average, offering good outdoor space, though it is somewhat smaller than others on Quincy Bay itself. Its municipal tax assessment value is competitive, sitting close to the area average, which suggests a reasonable property tax burden relative to the community.
This home would best suit pragmatic buyers looking for a move-in ready property in a mature neighborhood without extreme outliers in size, cost, or age. It’s ideal for those who value a balanced proposition—not the largest or newest on the block, but a home that holds its own with decent space, a manageable lot, and the stability of an established area. It’s a choice that avoids the premiums of a top-tier ranking or the compromises of a lower one.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,190 sqft, the living space is very close to the average for both Quincy Bay street (1,231 sqft) and the wider Waverley Heights community (1,239 sqft). It provides a standard, practical layout for the area.
2. Is the property tax assessment high for this home?
The assessed value is near the average for the local community and street. It ranks in the middle tercile on Quincy Bay, indicating its tax assessment is typical for the immediate vicinity.
3. What is the significance of the 1977 build year?
Built in 1977, this home is slightly newer than the average house on its street and significantly newer than the average Winnipeg home (1966). This can suggest potentially fewer immediate major age-related updates compared to many city-wide properties.
4. The lot seems smaller than others on the street. Is that a concern?
While the lot is smaller than the specific street average, it is actually larger than both the community and city averages. This means you have more yard space than many Winnipeg homes, but potentially less than some direct neighbors on Quincy Bay.
5. What do these rankings actually tell a buyer?
The rankings contextualize this property against clear benchmarks. They show this is not an outlier but a balanced property. For example, it ranks in the top 30% for age on its street (an advantage) but in the top 60% for assessment value (meaning it’s not among the most highly assessed, which some may see as an affordability advantage). It presents a stable, median investment in the local market.