Property Summary: 283 Augusta Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Waverley Heights presents a practical opportunity. Built in 1976, it offers 1,072 sqft of living space on a 5,829 sqft lot. The data reveals a property that is consistently "around average" for its neighborhood and city in terms of size and value, but sits on the more modest end within its own desirable street of Augusta Drive. This dynamic is central to its appeal.

The home suits two main types of buyers. First, it's an accessible entry point into a established street where most homes are larger and have higher assessed values. For a buyer comfortable with a home that may need updates, it offers a chance to gain a foothold in a prime location. Second, it appeals to the practical downsizer or minimalist buyer who values a generous lot and a quiet neighborhood, but doesn't require or want to maintain a larger house. The lot size is notably solid for the area, offering good outdoor potential.

A less obvious perspective is the value in its consistency. While not leading in any single category, it avoids the extremes—it's not the smallest, oldest, or most highly assessed on the tax roll. This balance can mean predictable costs and less pressure to over-improve relative to immediate neighbors.

Section 2: Frequently Asked Questions

1. Is this house smaller than others on the street?
Yes. The living area is below the street average of 1,303 sqft, ranking 69th out of 88 homes on Augusta Drive. This is a key factor to consider if in-street comparables are important to you.

2. How does the assessed value compare?
The assessed value of $383K is below the street average ($427.8K) but aligns closely with the Waverley Heights neighborhood average ($398.1K) and the Winnipeg city average ($390.1K). This suggests the assessment reflects its more modest size within a sought-after location.

3. What does the lot size offer?
At 5,829 sqft, the lot is below the street average but is competitive within the wider neighborhood. It provides ample private outdoor space, which is a significant asset in a mature area.

4. Is the 1976 build date a concern?
The year built is typical for the area. It indicates a home from a period of solid construction, but buyers should budget for potential updates to systems, windows, or insulation that are common for houses of this era.

5. Who would this property suit best?
It's ideally suited for a first-time buyer seeking a manageable home in a premium location, or for a downsizer looking to retain a good-sized yard without the upkeep of a larger house. It's less suited for someone seeking the largest or most recently renovated home on the block.