Property Overview: 3 Lakeshore Road, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Lakeshore Road presents a balanced offering in the Waverley Heights community. Its key appeal lies in its strong positional value within its immediate neighborhood, rather than in leading any single metric by a wide margin.
The 1,374 sqft living space is notably above average for Waverley Heights, placing it in the top 25% of homes in the community, which suggests comfortable interior space for the area. However, on its own street (Lakeshore Road), it sits closer to the average, indicating the street itself may consist of larger properties. The 1976 build year is a standout feature on this street, ranking in the top 8%, meaning it is newer than most of its direct neighbors—a potential plus for systems and structure. The lot size, while slightly below the street average, is consistent with the community norm.
The property tax assessment of $422,000 aligns closely with city and community averages, suggesting a market-consistent valuation that shouldn’t raise red flags for property taxes relative to similar homes.
This home would suit a buyer looking for a well-sized, established home in a mature neighborhood, who values being in a community (Waverley Heights) where the home’s size is an asset, and appreciates having a newer construction year than most houses on its specific block. It’s for those who prioritize neighborhood fit over having the largest lot or the most premium price point on the street.
Section 2: Frequently Asked Questions
1. Is this house a good size for the neighborhood?
Yes. With 1,374 sqft of living space, this home is larger than approximately 75% of comparable properties in Waverley Heights, offering above-average interior space for the community.
2. How does the build year compare to nearby homes?
Built in 1976, this home is newer than most on its own street, ranking in the top 8%. Within the broader Waverley Heights community, it is slightly older than the average home.
3. What does the property tax assessment tell me?
The $422,000 assessment is very close to the average for both the city and the community. This indicates the city’s valuation is in line with the market, providing a reasonable baseline for understanding its value relative to others.
4. Is the lot size typical?
The 5,735 sqft lot is slightly smaller than the average for Lakeshore Road but is very close to the average lot size for the entire Waverley Heights community. It is a standard-sized lot for the area.
5. How does this property rank overall?
It doesn’t lead in all categories but shows consistent, above-average performance in key areas for its community (like living space) and street (like build year). It represents a solid, middle-to-upper range option within its immediate context rather than an outlier.