34 Lakepointe Road

Property Summary: 34 Lakepointe Road, Waverley Heights

Section 1: Key Characteristics & Appeal

This well-situated home in Waverley Heights presents a compelling blend of established value and relative modernity within its context. Its key appeal lies in its strong positioning on its own street, particularly regarding its assessed value and year built. With a living area of 1,076 sqft, the home is functionally sized and sits comfortably around the average for its immediate area, though it is notably newer than most direct neighbors, ranking in the top 5% on Lakepointe Road for its 1978 construction. The lot size of just over 6,000 sqft is generous by city-wide standards and provides ample outdoor space.

The property’s assessed value is a standout, ranking above average on its street. This suggests it is perceived as a higher-value asset in its micro-location, which could indicate desirable updates, a premium lot position, or simply a well-maintained home in a street of varied properties. It would suit practical buyers looking for a home in a mature neighborhood without the concerns of an older structure, as well as value-conscious purchasers who appreciate a home that holds its worth well relative to its immediate peers. It’s a solid choice for someone who prioritizes a established community and a manageable yard over maximizing square footage.

Section 2: Frequently Asked Questions

1. Is the living space smaller than average?
While the home’s living area is below the city-wide average, it is very much in line with the averages for both Lakepointe Road and the wider Waverley Heights neighborhood. It represents a typical size for the area.

2. Why is the assessed value ranked so high on the street?
Ranking 5th highest out of 21 homes suggests this property is assessed at a premium compared to its direct neighbors. This can be influenced by factors like renovations, overall condition, a favorable location on the street, or outbuildings like a garage. It’s a positive indicator of its standing on the block.

3. What does the "Elite" ranking for year built mean?
Built in 1978, this home is the newest among the 21 comparable properties on Lakepointe Road. For the street, it represents a more modern construction, which often implies updated building materials and systems compared to older homes in the area.

4. How does the lot size compare?
At 6,072 sqft, the lot is larger than most in Winnipeg and is very typical for the Waverley Heights neighborhood. It offers substantial outdoor space relative to many city properties.

5. What is the overall market position of this home?
The data paints a picture of a home that is a strong performer on its specific street—being newer and with a higher assessed value—while being a very typical, average-sized property within the broader context of the neighborhood and city. Its appeal is hyper-local strength within a consistent community setting.