Property Summary: 44 Providence Place, Waverley Heights, Winnipeg
Key Characteristics & Appeal
This home stands out for its generous proportions and established presence. Its primary appeal lies in offering significantly more space—both indoors and out—than most comparable properties. With 1,794 sqft of living area, it ranks in the top 13% on its street and top 8% in the Waverley Heights neighborhood. The most distinctive feature is the expansive 13,439 sqft lot, which places it in the top 1% of the neighborhood and top 3% citywide, offering exceptional outdoor potential.
The property’s assessed value of $524K reflects its premium standing, ranking first on its street and in the elite top 5% of the neighborhood. Built in 1975, it is typical for its immediate street but is an older home relative to many in the wider Waverley Heights area, suggesting a well-established streetscape.
This home is ideally suited for buyers who prioritize space and a sense of permanence over a brand-new build. It would appeal to growing families seeking room for play or gardens, or to those looking for a property with underlying value in its land size. It’s a solid choice for someone comfortable with a home from the 1970s, likely appreciating its mature setting and potential for updates tailored to personal taste.
Frequently Asked Questions
1. How does the lot size actually compare?
The lot is exceptionally large. At over 13,400 sqft, it is more than double the neighborhood average of about 6,000 sqft. This provides rare potential for additions, landscaping, pools, or simply extensive private outdoor space.
2. The home was built in 1975. Should I be concerned?
Not necessarily. It ranks as the newest or tied-for-newest on its street, indicating the immediate area features homes of a similar vintage. While systems like roof, windows, and HVAC may need evaluation or updating due to age, this is typical for the property’s peer group and is often reflected in the price.
3. What does the "Elite" ranking for assessed value mean?
It means the municipal property assessment is among the highest 5% in Waverley Heights. This generally indicates the city views it as a high-value home for the area, which can be a positive sign for investment, but it also suggests your property taxes will be correspondingly higher.
4. The living area is above average, but how is the layout?
The data confirms generous square footage, but it does not speak to the floor plan. A home from this era may have a different room flow than a modern open-concept design. Viewing the property is essential to see if the space is configured to suit your lifestyle.
5. Is this a good street?
The data suggests a consistent and desirable street. The fact that this home ranks first in assessed value and land size, and is on par with the street's average year built, indicates a street of similarly substantial, well-valued properties, which often points to a stable and sought-after location.