Property Overview: 1476 Chancellor Drive, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home in Waverley Heights presents a solid, average-sized living space of 1,072 sqft on a notably generous lot. Built in 1976, it is a characteristic example of the neighborhood's housing stock. The primary appeal lies in its balance and practicality. The lot size of over 6,000 sqft is a standout feature, ranking above average for both the street and city, offering valuable outdoor space and potential in a mature area. With an assessed value of $378k, it sits consistently around the average for its immediate street and neighborhood, suggesting it is priced in line with local norms rather than being an outlier.
This property would suit a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a established community, space around the home, and a price point that reflects market medians. Its appeal is not about being the largest or newest, but about offering a stable, proportional entry into a settled Winnipeg neighborhood. A thoughtful perspective is that a home ranking consistently "around average" in its immediate context can represent a lower-risk, predictable purchase, insulated from the extremes of over-improvement or under-provision.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is consistently around the local average. It is slightly smaller than the typical home on Chancellor Drive (1,220 sqft avg.) and in Waverley Heights (1,239 sqft avg.), but this is reflected in its assessed value positioning.
2. Is the lot size a significant feature?
Yes. The lot of 6,048 sqft is larger than most on its street (ranking in the top 27%) and above the city average for comparable homes. This provides more private outdoor space than many properties in the area.
3. What does the sold price history indicate?
Public records show it sold between $350k-$400k in June 2022, a price range that was in the top 30-35% of sales at that time for the area and city. For the exact sale price, you can request a manual lookup from the site.
4. Who might this property not suit?
Buyers seeking a move-in-ready, modern home with recent renovations or those who prioritize a very large interior square footage over lot size may find other properties more aligned with their needs.
5. How current and reliable is this data?
The assessed value, living area, and lot size are sourced from official property records. Sold price data is from public sources and is reasonably reliable, but for fully verified transaction history and exact figures, a manual lookup via the site is recommended, as MLS data is not displayed here.