Property Overview: 2 Quincy Bay, Waverley Heights, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a solid, middle-of-the-market opportunity in the established Waverley Heights neighborhood. Its primary appeal lies in offering above-average living space (1,321 sq ft) for its immediate street and local area, providing more room than many comparable homes nearby. The assessed value of $423K is consistently around the average for the street, neighborhood, and city, suggesting a fair and stable market price without significant premium or discount.
The lot size of 6,418 sq ft is a notable feature, ranking above average citywide, which offers good outdoor space potential. A thoughtful perspective is that while the home was built in 1976, making it slightly older than most on its street, this often translates to a more mature landscape and established community feel. This property would suit practical buyers looking for a comfortable family home in a stable area, who value space over a newer build date. It’s ideal for someone seeking a balanced proposition—not the newest nor the largest on the block, but a competitively sized home on a good lot at a value-reflective price.
Frequently Asked Questions
1. How does this home really compare to others in the area?
The data shows it offers more living space than about 70% of similar homes on its street and in Waverley Heights. Its value and lot size, however, are consistently around the local averages, meaning you're primarily paying for that extra interior square footage.
2. The home is older than many on the street. Should I be concerned?
Being built in 1976 places it in the bottom 20% for age on Quincy Bay. This isn't uncommon for mature neighborhoods and suggests potential for updates. It's wise to focus inspection efforts on systems common to that era (roof, windows, plumbing, electrical) while appreciating the likely established gardens and trees.
3. Is the assessed value a good indicator of the likely sale price?
The assessed value ($423K) is very close to the calculated averages for the street, neighborhood, and city. This alignment typically indicates the property is priced in line with the market, making it less likely to see extreme bidding wars or require a significant price reduction.
4. What does the lot size ranking actually mean for me?
While the lot is slightly smaller than the average on Quincy Bay, it is larger than about 77% of comparable lots across Winnipeg. This means you get a generous outdoor space by city standards, though it may feel standard within the immediate context of the street.
5. Who is this home most suited for?
This home is an excellent fit for buyers who prioritize interior space and a sizable yard within a well-established community. It's less suited for those seeking a newly built or recently renovated property, as some updates may be desired given its age relative to the street.