Property Overview
This home at 1255 Markham Road in Winnipeg's Waverley Heights neighborhood presents a solid, above-average offering within its immediate surroundings. Its key appeal lies in its balanced size and established setting. With 1,262 sqft of living space, it is notably larger than the average home on Markham Road itself, placing it in the top 10% for size on the street. The lot size of 5,854 sqft is also comfortably above the street average, providing generous outdoor space relative to its closest neighbors. The property’s assessed value for taxes is proportionally higher than the street average, reflecting its relative standing.
Built in 1974, the home is typical for its street but is among the older properties within the broader Waverley Heights community. This suggests a mature, well-established streetscape. The data paints a picture of a property that stands out positively on its own block in terms of space and value, while being very much in line with city-wide averages. It would suit buyers looking for a home with more interior and yard space than is typical for the immediate area, without venturing into an oversized or premium-priced category. It’s a practical choice for those who value a sense of roominess and established neighborhoods, and who are comfortable with the maintenance considerations of a home from the 1970s.
Frequently Asked Questions
1. How does this home really compare to others nearby?
On its own street (Markham Road), this home ranks highly for both living space and lot size, meaning it offers more room than most direct neighbors. In the wider Waverley Heights community and across Winnipeg, it is consistently close to average in these categories, indicating it's a standard, well-proportioned family home for the city.
2. The home was built in 1974. What should I consider?
While typical for its street, it is older than most in the wider Waverley Heights area. Prospective buyers should prioritize a thorough inspection focusing on updates to major systems like roofing, plumbing, electrical, and windows, which may be due for maintenance or modernization.
3. The assessed value is higher than the street average. Will my taxes be much higher?
The assessment is higher because the property is physically larger (both home and lot) than many on the block. While property taxes will likely be above the immediate street average, they are close to the average for both the community and the entire city, so they are not unusually high in a broader context.
4. Is the lot size a major advantage?
Yes, particularly on this street. The lot is over 1,000 sqft larger than the Markham Road average, offering more private outdoor space, potential for gardening, or room for additions like a shed or deck. Compared to the whole city, it's slightly below average, but its advantage is most felt locally.
5. What does the ranking data tell me about the neighborhood?
The data suggests Markham Road is a street of modestly sized, older homes. The fact that this property ranks highly here for size and value indicates it is one of the more substantial homes on the block. The wider community has newer homes on average, so this street likely has a mature, settled character.