Property Summary: 219 Augusta Drive, Waverley Heights

Key Characteristics & Appeal

This home at 219 Augusta Drive presents a practical opportunity in the Waverley Heights neighborhood. Its key characteristic is its efficient, sub-1,000 sqft footprint (962 sqft), which is notably smaller than most homes on its own street and the wider city. This positions it as a more affordable entry point into a desirable area, as reflected in its assessed value of $385k, which sits below the street average but aligns closely with neighborhood and city benchmarks.

The appeal lies in its value proposition and lot size. While the house itself is compact, the 5,830 sqft lot is reasonably proportional and offers potential for outdoor space or future expansion, a valuable asset in an established area. Built in 1977, the home is of a typical vintage for the community, suggesting manageable upkeep for its age. It would suit first-time buyers, downsizers, or value-focused investors seeking a foothold in a stable neighborhood without paying a premium for excess square footage. A thoughtful perspective is that this property offers the community benefits and land value of Waverley Heights, while the smaller living area could translate to lower utility costs and less maintenance—a trade-off that aligns with simpler living.

Frequently Asked Questions

1. Is this a "below average" property?
While the living area is smaller than many comparable homes, its assessed value is strategically positioned. It's below average for its specific street, but around average for the broader neighborhood and city, suggesting you are paying primarily for location and land rather than interior size.

2. Who would this home not suit?
It would likely not suit buyers who prioritize spacious, open-concept interiors or who need multiple large bedrooms. The floor plan may feel constrained for growing families or those who regularly entertain large gatherings indoors.

3. What does the lot size mean for potential?
The lot is slightly below the street average but typical for the area. It provides decent outdoor space and, subject to local zoning and regulations, may offer possibilities for additions, a large garden, or landscaping projects that a smaller lot would not.

4. How should I interpret the year built (1977)?
This is a standard build year for the area. Buyers should budget for maintenance and updates common to homes of this era, such as windows, roofing, or mechanical systems, while also recognizing the home has stood for decades in a mature neighborhood.

5. Why is the assessed value ranking so different at each level?
This highlights the property's context. On Augusta Drive, it's a more modest home among potentially larger ones. Zooming out to Waverley Heights and Winnipeg, it becomes more typical, indicating you're acquiring a competitively priced asset within the wider market.