Property Summary: 66 Lakedale Place, Waverley Heights, Winnipeg
Key Characteristics & Appeal
This home at 66 Lakedale Place presents a compelling blend of space, location, and value. Its primary appeal lies in its generous, above-average proportions. With 1,760 sqft of living area, the home is notably larger than most in both the Waverley Heights neighborhood and the wider city. The most standout feature, however, is the land. The 11,267 sqft lot is exceptionally large, ranking in the top 2% of the neighborhood and top 4% city-wide, offering rare potential for privacy, gardening, or expansion.
Built in 1977, the home is among the newer properties on its street. Its assessed value of $455k sits above average at every comparison level, reflecting its premium attributes. The appeal is grounded in substance over flash: it’s a property that offers more room both inside and out compared to its peers, within a well-established area.
This home would suit buyers looking for a long-term family home where outdoor space is a priority, or for those who value the potential that a larger lot provides. It’s ideal for someone who wants a home that already outperforms neighborhood averages but may also see value in the opportunity to personalize or enhance a property on a prime lot over time.
Frequently Asked Questions
Q: How does the lot size compare to a typical city lot?
A: The lot is substantially larger than average. At over 11,000 sqft, it is nearly double the citywide average for comparable homes (6,570 sqft) and ranks in the elite top 4% in Winnipeg.
Q: Is the home’s assessed value in line with its features?
A: The assessed value of $455k is consistently above the average for the street, neighborhood, and city. This aligns with the home’s larger-than-average living area and its exceptional lot size, which are key drivers of value.
Q: What does the "Above Average" ranking for the year built mean?
A: Built in 1977, this home is newer than most on its specific street (ranking in the top 11%). Within the broader neighborhood and city, its age is around the typical average, suggesting it benefits from modernizations of its era while being part of an established community.
Q: Who would this property not be suitable for?
A: It may not suit buyers seeking a brand-new, low-maintenance property or those with no need for extensive indoor and outdoor space. The premium is on the generous proportions and land, not on being the newest home on the block.
Q: The living area is "Around Average" for the street but "Above Average" for the area. Why?
A: This indicates that Lakedale Place itself is a street of relatively larger homes. While the home fits right in on its own street, it becomes a standout for space when compared to the entire Waverley Heights neighborhood, where it ranks in the top 9%.