Property Overview
This home at 7 Audubon Place presents a compelling blend of space, location, and value within Winnipeg's Waverley Heights neighborhood. Its key appeal lies in offering above-average living space and a generous lot for the area, paired with a property tax assessment that is relatively manageable compared to its immediate street.
Key Characteristics & Appeal
The 1,591 sqft residence sits on a 6,897 sqft lot, providing ample room both indoors and out. While the living area is typical for Audubon Place, it ranks well above the averages for both the wider Waverley Heights community and the city overall. The lot size follows a similar pattern, offering more outdoor space than most homes in the neighborhood. A notable characteristic is the 1981 build year, which is newer than the majority of comparable homes in the immediate area and community, potentially suggesting updates or a period of construction known for modernizing layouts.
The financial perspective is nuanced. The property's tax assessment value is below the average for its own street, which could indicate a value opportunity relative to neighbors. However, it remains above the community average, aligning with the home's above-average specs for the area. This positions the property as a potentially savvy purchase for those prioritizing space and location over a premium street address.
This home would suit buyers looking for established community living in Waverley Heights who need solid interior space and a sizable yard. It's particularly suited for those who appreciate data-driven value—getting more house and land for the dollar than the broader community average, while accepting it is a fairly typical offering on its own prestigious street.
Frequently Asked Questions
1. Is the 1981 build year an advantage?
Yes, comparatively. It is newer than approximately 94% of similar homes in Waverley Heights, which often means fewer immediate concerns with aging core components and potentially more modern electrical or plumbing systems than much of the surrounding housing stock.
2. How does the property tax assessment affect me?
While not a direct predictor of sale price, a lower assessment relative to the street average can sometimes indicate a more favorable tax burden compared to immediate neighbors. However, the assessment is still above the community average, reflecting the property's overall size and value.
3. The living space is ranked "average" for the street. Should I be concerned?
Not necessarily. This indicates the home fits the character of Audubon Place, a street of substantial homes. The key takeaway is that this standard street size is significantly larger than what's typical for both Waverley Heights and Winnipeg overall.
4. What does the lot size ranking tell us?
The lot is larger than about 76% of lots in Waverley Heights, offering excellent outdoor space for the community. On its own street, it is close to the average, meaning it maintains the street's character of generous properties.
5. How should I interpret the different rankings for street, community, and city?
They reveal the property's context. It is a solid, typical home on a desirable street (street-level rankings). Its true standout features—more space and a newer build—become clear when compared to the wider community and city, highlighting its relative value within the larger market.