Property Overview: 17 Sandy Lake Place
Key Characteristics & Appeal
This 1978-built home in Waverley Heights presents a compelling case as a well-positioned property within its immediate surroundings. Its primary strength lies in outperforming its direct peers on Sandy Lake Place. With 1,080 sqft of living space, it is notably larger than the street average (917 sqft), and its assessed value of $358K ranks in the top 10% on the street. The lot size of 5,776 sqft is also above the street average, offering good outdoor space. Essentially, on its own block, this home is a top-tier contender.
The appeal is nuanced. While its metrics are "around average" when zoomed out to the wider neighborhood and city, its local dominance suggests a premium property for this specific street. It would suit a practical buyer who values space and perceived value within a established community, rather than someone seeking a standout property across the entire suburb. A thoughtful perspective is that the home's "elite" ranking for its build year on the street indicates it is among the newest on the block, potentially meaning fewer immediate concerns about aging infrastructure compared to neighbors. This is a home for someone who wants to be at the top of a modest, stable street rather than in a more competitive, high-priced area.
Frequently Asked Questions
1. Is this home a good value compared to others in Waverley Heights?
The data suggests it's an excellent value compared to other homes on Sandy Lake Place itself, ranking very high. Compared to the broader Waverley Heights neighborhood, its assessed value is slightly below the area average, which could indicate a value opportunity.
2. How does the lot size compare?
At 5,776 sqft, the lot is larger than most on its street but is slightly below the average lot size for the wider Waverley Heights neighborhood.
3. The home was built in 1978. Should I be concerned about its age?
On Sandy Lake Place, this is actually a advantage—it's ranked #1, meaning it is among the newest homes on the street. This relative age should be considered in the context of its immediate neighbors.
4. What does the "around average" citywide ranking mean?
It means that for Winnipeg as a whole, this home's specifications (size, value, lot) fall within the middle range. Its standout qualities are more localized, highlighting the importance of evaluating it within its specific micro-market.
5. Are there likely to be major differences between this home and others on the street?
Yes. The data indicates this home has more living space, a higher assessed value, and a larger lot than the typical home on Sandy Lake Place. It sits in the top tier for these key metrics on its own street.