Property Overview

This home at 55 Quincy Bay presents a well-proportioned and established residence in the Waverley Heights neighbourhood. Its key appeal lies in its balanced, above-average positioning across several metrics when compared to its surroundings. With 1,210 sqft of living space, it sits close to the average for both its street and community, offering comfortable room for a small family or couple. A more distinctive feature is its assessed value for taxes, which ranks notably higher than average on its street (top 26%) and in the wider community (top 21%), often reflecting perceived quality, updates, or desirability within its immediate context. Built in 1977, it is typical for its area. The 6,380 sqft lot is larger than the Winnipeg average, providing good outdoor space, though it is slightly smaller than others on Quincy Bay itself.

This property would suit a buyer looking for a move-in ready home in a mature neighbourhood, who values a solid investment profile as indicated by its strong assessment ranking. It’s ideal for those who want space without the upkeep of a maximized lot and appreciate a home that stands favorably against local comparables without being an outlier.

Frequently Asked Questions

1. What does the "above average" assessed value ranking practically mean for me?
While not a direct market appraisal, a consistently high assessment ranking across street, community, and city levels suggests the property is officially valued above many peers. This can indicate desirable traits not captured in raw square footage, such as renovations, quality of finishes, or a premium location on the street. Be aware it also translates to a correspondingly higher property tax bill.

2. The lot is smaller than the street average but larger than the city average. How significant is this?
It means you have a very generous yard by Winnipeg standards, offering ample private outdoor space. However, within the specific context of Quincy Bay, your lot is on the more manageable side. This could be an advantage if you prefer less lawn maintenance while still enjoying a sizable lot compared to most city properties.

3. The home was built in 1977. What should I be mindful of?
Homes of this era may have original components nearing the end of their service life. A focused inspection should check the roof, windows, HVAC system, and electrical panel. On the positive side, construction from this period often features spacious room layouts and mature landscaping.

4. The living area is described as "close to average." Is that a disadvantage?
Not necessarily. It indicates this home fits the typical mold for the area, which can be a positive for future resale. It meets the common expectation for space in Waverley Heights. The appeal here comes from the combination of this adequate living space with the property's other strengths, like its lot size and value ranking, rather than from sheer square footage alone.

5. How reliable are these comparative rankings?
They provide an excellent, data-driven snapshot of how this property stacks up against defined groups of "comparable" homes in different geographic circles. They are most reliable for understanding its relative position within the immediate neighbourhood and street. For the most accurate and current market value, these insights should be combined with a professional appraisal and a review of recent sales of very similar homes in the same area.