Property Overview
19 Lakeside Drive is a standout property in Winnipeg’s Waverley Heights neighborhood. Built in 1978, it offers 1,962 sqft of living space on a generous 9,984 sqft lot, with a municipal assessment of $603k. The home’s primary appeal lies in its exceptional positioning within a highly desirable area. While the house itself is above average for its street, its true distinction comes from the elite caliber of its immediate neighborhood. The data shows it ranks in the top 1% for assessed value and top 4% for living space within Waverley Heights, indicating a location of proven prestige and investment strength.
This home is ideally suited for buyers who value established, high-status neighborhoods over brand-new construction. It appeals to those looking for a property with a larger-than-average lot, offering space and privacy that is rare at the city level. It would particularly suit a professional or growing family seeking a long-term home in a community where property values are consistently strong, and who may have the vision to update an older home to modern standards.
Frequently Asked Questions
1. How does the home’s age affect its value?
While built in 1978, the property’s value is driven more by its elite location and lot size than its age. The assessment value ranks in the top 6% on its street and top 1% in the neighborhood, showing that the market strongly favors its positioning.
2. Is the lot size a major feature?
Yes. At nearly 10,000 sqft, the lot is significantly larger than both the neighborhood and city averages. This provides substantial outdoor space and is a key, less-obvious asset that offers future potential and immediate privacy.
3. What does the "elite" neighborhood ranking mean?
Ranking in the top 1% for value and top 4% for living space in Waverley Heights means this property sits among the most valuable and substantial homes in one of Winnipeg’s premier neighborhoods. It signals a secure and prestigious investment.
4. How does it compare to other homes on Lakeside Drive?
It is a leader on its own street. It has the 2nd highest assessment value and 2nd largest lot among 35 comparable homes, indicating it is one of the most prominent properties on this desirable block.
5. Is the living space considered large?
At 1,962 sqft, the living area is above average at every level—street, neighborhood, and city. It ranks in the top 29% on its street and the top 4% in Waverley Heights, confirming it is a spacious home for the area.