Property Summary: 39 Lakeside Drive, Waverley Heights

Section 1: Key Characteristics & Appeal

This home stands out for its generous proportions and established value within the desirable Waverley Heights neighborhood. Its primary appeal lies in offering significantly more space—both indoors and outdoors—than most comparable properties in Winnipeg. With over 2,000 square feet of living area on a large, nearly 9,000 sqft lot, it ranks in the top 10% of the neighborhood for size. This creates a rare combination of roomy interiors and ample yard space in a mature, sought-after area.

The property’s assessed value is notably strong, placing it in the elite top 4% for its neighborhood, which signals a well-regarded location and solid investment profile. Built in 1977, it is typical for its immediate street but newer than the Winnipeg average, suggesting a balance of established community character and relatively modern construction.

This home would best suit buyers who prioritize space and established neighborhoods over brand-new builds. It’s ideal for growing families seeking room to spread out, or for those who value a large private yard. It also appeals to the value-conscious buyer looking for a property that already demonstrates strong market standing and equity potential within one of the city's higher-tier communities.

Section 2: Frequently Asked Questions

Q1: How does the size of this home compare practically to others in the area?
A: It offers substantially more space. The living area is about 650 sqft larger than the neighborhood average and over 700 sqft larger than the city average. The lot is nearly 50% larger than the typical Waverley Heights property, providing exceptional outdoor space.

Q2: The assessed value is in the top 4% for the neighborhood. Does this mean property taxes will be very high?
A: While assessed value is a key factor in calculating taxes, a higher assessment within a premium neighborhood like Waverley Heights is expected. It reflects the property’s market position, but you should consult the current mill rate for an exact estimate.

Q3: Is a 1977-built home likely to have major maintenance issues?
A: Homes from this era are typically built with robust materials but are at an age where major components (like roof, windows, HVAC) may have been updated or could require attention. A thorough inspection is recommended to assess the condition of these key systems.

Q4: The ranking for "Year Built" is only average in the neighborhood. Is that a concern?
A: Not necessarily. It indicates the home fits perfectly within the fabric of a mature, established area like Waverley Heights, where homes from the 1970s are common. The appeal here is the neighborhood’s maturity and the home’s above-average size and value within that context.

Q5: What do the rankings actually tell a potential buyer?
A: They provide objective context. For this property, they consistently show you are acquiring more physical space (house and land) than most properties across the city, and a value proposition that is particularly strong within its own premium neighborhood. It’s a data-driven confirmation of its standout features.