Property Summary: 143 Quincy Bay, Waverley Heights, Winnipeg
Key Characteristics & Appeal
This well-situated home at 143 Quincy Bay presents a solid, grounded opportunity in the Waverley Heights neighborhood. Its primary appeal lies in its generous, above-average lot size of 7,616 sqft, which ranks within the top 16% of the local area. This offers valuable outdoor space and potential not found in many comparable properties. The house itself, built in 1977, is slightly newer than many on its street and in the wider city, suggesting potentially updated infrastructure.
With 1,180 sqft of living area and an assessed value of $387k, this property sits comfortably in the average range for its immediate street and neighborhood. This positioning is key: it offers a manageable entry point into the area without premium pricing, while the lot size provides a tangible asset that outperforms the norm. It suits practical buyers looking for a balanced home—those who value a larger yard for gardening, children, or future projects more than maximizing interior square footage. It’s a property for someone who sees the land as a long-term advantage and the house as a comfortable, average-sized canvas.
Frequently Asked Questions
1. Is this property a good value compared to its neighbors?
Based on assessed values, it is priced below the street average ($411.9k) and slightly below the neighborhood average ($398.1k), while sitting on a larger-than-average lot. This suggests a competitive value proposition for the location.
2. What does the lot size ranking actually mean for me?
Ranking in the top 13-16% for lot size locally means you are getting significantly more outdoor space than most homes in Waverley Heights and across Winnipeg. This could mean more privacy, room for additions like a shed or deck, or simply a larger garden.
3. The living area is ranked "around average." Is the house too small?
At 1,180 sqft, the living space is typical for the area. It is a practical size for a small family, couple, or individual. The trade-off is clear: you are getting a standard-sized home on a larger-than-standard plot of land.
4. How does the 1977 build year affect things?
Being built in 1977 places it in an era with modern construction standards, yet it may still contain original components. It is newer than the citywide average for comparable homes (1966), which can be positive, but a thorough inspection is always recommended to understand the condition of major systems like plumbing, electrical, and the roof.
5. Who would this property not be suitable for?
This home may not suit buyers whose priority is maximizing interior square footage or seeking a move-in-ready, newly renovated property. Its appeal is rooted in the balance of a standard home on a premium lot, ideal for those who value the land and see potential in it.