Property Overview

This home at 15 Shearwater Bay presents a balanced and practical offering in Winnipeg's Waverley Heights community. With 1,099 sqft of living space, its size is very close to the average for its immediate street and neighborhood, making it a comfortably sized family home without being excessive. The 1979 build year is a notable strength, ranking as one of the newest on its street and newer than most in the wider community, suggesting potentially fewer immediate concerns with aging infrastructure compared to older city averages.

The appeal here lies in its value proposition and stability. The property tax assessment value is notably high for its specific street, yet sits below the average for the broader Waverley Heights area. This combination indicates a well-regarded property on a desirable street, but within a community that has higher-value pockets, potentially offering more neighborhood for the dollar. The lot size, while smaller than the community and city averages, is typical for Shearwater Bay, indicating a cohesive streetscape with manageable outdoor maintenance.

This home would suit first-time buyers or growing families looking for a move-in ready, average-sized home in an established neighborhood. It’s also a sensible choice for value-conscious buyers who appreciate a newer build year and the perk of a higher relative assessment on its street, without paying the premium associated with the largest lots in the area.

Frequently Asked Questions

1. What does the high property tax assessment ranking on the street actually mean?
It means that according to the city's assessment, this home is valued higher than most others on Shearwater Bay. This often reflects the property's condition, improvements, or desirability relative to its immediate neighbors, but it's important to distinguish this from market value, which is determined by buyers.

2. The lot is smaller than the community average. Is that a disadvantage?
Not necessarily. The lot is actually close to the average for Shearwater Bay itself, meaning the homes on this street have a consistent character. A smaller lot can mean less yard work and lower maintenance costs, which is appealing to many modern buyers.

3. The build year is 1979. Are there any specific maintenance items I should check?
Homes from this era are generally built with modern materials and standards. Key items to have inspected would be the age and condition of the roof, windows (which may be original or updated), and the heating/electrical systems, which, while modern, are now over 40 years old and may be due for updates.

4. How does being "close to average" in living space affect resale?
Homes with average-sized living areas for their area typically have the broadest appeal, as they meet the most common needs. This can make the property easier to sell in the future compared to uniquely large or small homes, which appeal to a narrower segment of buyers.

5. Why are the rankings so different between the street, community, and city comparisons?
This highlights the importance of location. The home might be a top-tier property on its specific street (like its build year), but when compared to the entire, diverse community or city, it finds its place within a larger spectrum. It shows the home is a strong contender in its immediate micro-market.