Property Overview: 148 Augusta Drive, Waverley Heights
Key Characteristics & Appeal
This well-situated home on Augusta Drive presents a solid, above-average offering within the desirable Waverley Heights neighborhood. Its primary appeal lies in its balanced and competitive metrics across the board. The 1,435 sqft living space is comfortably above the neighborhood average, and the property stands out with a generous 6,882 sqft lot, which is notably larger than most on its own street. Built in 1978, it is contemporaneous with its immediate area but newer than the citywide average for comparable homes.
Financially, the assessed value of $455k positions the property above average at every level—street, neighborhood, and city—suggesting a strong perceived value and a stable investment within its market segment. The combination suggests a property that isn't an outlier in any single category but offers a compelling package: ample indoor and outdoor space in an established area, with valuation trends that indicate it keeps pace with or exceeds its peers.
This home would suit buyers looking for a move-in ready property in a mature neighborhood without the premium or unpredictability of a new development. It’s ideal for those who value space and a established community over a brand-new build, and for owners who appreciate a property that holds its value well relative to its surroundings.
Frequently Asked Questions
Q: How does the lot size compare to nearby properties?
A: The lot is a significant feature. At nearly 6,900 sqft, it is larger than approximately 90% of comparable lots on Augusta Drive itself, offering more private outdoor space than most direct neighbors.
Q: Is the assessed value a reliable indicator of the property’s market position?
A: The assessed value here is consistently above the average for the street, the wider Waverley Heights area, and the city. This consistency across different scales suggests the property is firmly positioned in the upper tier of its local market, which is a positive indicator for equity and resale value.
Q: The home was built in 1978. What should I consider?
A: While the build year is typical for the street and neighborhood, it places the home in an era where certain building materials and systems were common. A thorough inspection is advised to assess the condition of the roof, windows, plumbing, and electrical systems, which may be nearing or past their typical lifespan.
Q: The living area is ranked "around average" for the street and city. Is that a concern?
A: Not necessarily. It reflects that the interior space is very much in line with the market norm, making it a comfortable size for most families. Its above-average ranking within the broader neighborhood context is actually the more positive indicator, showing it offers more space than many homes in the sought-after Waverley Heights area.
Q: What do these rankings tell me about the neighborhood’s character?
A: The data shows that Augusta Drive and Waverley Heights consist primarily of homes from the same era with similar values and sizes. This suggests a neighborhood with a consistent, established character and less variation in property styles and values than you might find in newer, more rapidly developing areas.