Property Overview
This home at 23 West Lake Crescent presents a compelling mix of above-average living space within a well-established setting. Its primary appeal lies in its efficient use of a standard city lot, offering a generous 1,156 sqft interior that ranks exceptionally well on its own street. Built in 1978, the house is typical for the immediate area but is notably newer than many homes in the broader Waverley Heights community. A key, less obvious perspective is its tax assessment value, which is significantly below the community average. This suggests the property may offer a value proposition for the area, potentially resulting in relatively lower property taxes, or it may indicate room for modernization that a buyer could capitalize on. This home would suit first-time buyers or downsizers seeking established neighborhood character with more interior space than is typical for the street, and value-conscious buyers attentive to both living area and ongoing tax implications.
Key Details & FAQs
- Living Area: 1,156 sqft
- Tax Assessment Value: $317,000
- Year Built: 1978
- Lot Size: 3,854 sqft
Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
Its living area is a standout feature on West Lake Crescent, ranking in the top 4% on the street and larger than the street average. Within the wider Waverley Heights community and Winnipeg, its size is close to the average.
2. What does the tax assessment value tell me?
The assessed value of $317,000 is average for West Lake Crescent but is notably below the Waverley Heights community average of approximately $398,000. This could be favorable for property taxes but may reflect the home’s condition or features relative to others in the broader area.
3. Is the lot size a disadvantage?
The lot is consistent with others on the street but is smaller than the average lot in both Waverley Heights and Winnipeg overall. This appeals to buyers preferring lower-maintenance outdoor space while still having a private yard, but may not suit those seeking extensive grounds.
4. Is a 1978-built home considered old for the area?
No. The build year is exactly the average for both its street and the Waverley Heights community. It is actually newer than the average home across Winnipeg. The neighborhood is well-established, and this vintage is typical.
5. Who would this property be most suitable for?
It is an excellent fit for buyers who prioritize interior space over lot size, and who value being in a mature neighborhood. The combination of a larger-than-street-average home with a tax assessment below the community average creates a distinct profile for budget-conscious buyers seeking comfort in an established area.