Property Summary: 92 Quincy Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home on Quincy Bay in Waverley Heights presents a compelling mix of value and established community living. Built in 1977, it is a slightly newer-than-average home for its immediate street and the city overall. Its primary appeal lies in its strong value proposition: the property carries an assessed value consistently above average for the street, neighborhood, and city, suggesting it is a premium offering within its peer group. However, this is balanced by a living area (1,040 sqft) that is more compact than most direct neighbors, indicating an efficient use of space rather than sprawling square footage.

The lot size offers an interesting perspective. While smaller than others on Quincy Bay, it is actually above average city-wide and typical for Waverley Heights, providing manageable outdoor space without excessive maintenance. This combination positions the home for buyers seeking a desirable address and solid property value in a mature neighborhood, but who prioritize a lower-maintenance footprint. It would suit first-time buyers moving into a established area, downsizers looking to retain equity while reducing space, or value-focused investors attracted by its above-average assessment in a stable community.

Section 2: Frequently Asked Questions

1. Is the house considered small?
Compared to other homes directly on Quincy Bay, yes, the living area is below the street average. However, it is much closer to the average for the wider Waverley Heights neighborhood and is near the city-wide average for comparable homes, indicating its size is quite typical for Winnipeg.

2. Why is the assessed value higher than average if the house is smaller?
The above-average assessment across multiple comparisons suggests that factors beyond pure square footage are contributing to its value. This can include the home's condition, specific upgrades, its position on the street, or the perceived desirability of the lot and location within the community.

3. What does the lot size ranking mean for me?
The lot is smaller than most on its specific street but is actually larger than many lots across Winnipeg. This typically translates to less yard work than your immediate neighbors but still provides a decent private outdoor space compared to the broader market.

4. Is a 1977-built home considered old?
For this street and neighborhood, a 1977 build date is actually newer than average. City-wide, it is also slightly newer than the benchmark. This means major components like wiring, plumbing, and insulation may be more modern than those found in truly older Winnipeg homes.

5. How should I interpret these rankings?
They provide context, not a verdict. They show how this property compares to similar homes in different geographic circles. The key takeaway is that this home trades some interior space for a strong value position and a manageable lot in a sought-after location, which is a specific and desirable trade-off for many buyers.