Property Overview: 15 Wedgewood Drive, Winnipeg
Key Characteristics & Appeal
This 1960-built, four-level split home in the Agassiz neighbourhood sits on a large, 6,814 sqft lot. With 1,685 sqft of living space and a renovated basement, it offers a practical layout for family living or flexible use. The home’s primary appeal lies in its established setting and above-average lot size, which ranks highly within its immediate street and the wider city. While it lacks a garage and pool, the value is grounded in space and location.
The property suits buyers looking for a solid, no-frills home in a mature neighbourhood, where the land itself represents a significant portion of the value. It’s ideal for those comfortable with the maintenance of an older home but who appreciate the potential of a renovated lower level and a generous yard. A thoughtful perspective: its assessed value is notably consistent with many properties across various neighbourhoods, suggesting it represents a stable, mid-market entry point into the Winnipeg housing landscape, rather than a standout luxury purchase. The data indicates it offers more interior and yard space than many direct local comparisons, which could appeal to buyers prioritizing room over brand-new condition.
Frequently Asked Questions
1. What does the "ranking" data mean for this property?
The rankings compare this home against others on its street, in Agassiz, and across Winnipeg. For example, its lot size ranks in the top 39% on its street but its living area is in the top 17%, meaning the house itself is relatively larger than most neighbours' homes.
2. The home sold in 2017 for $37.3k, but is now assessed at $43.6k. Why is this?
The 2017 sale price was exceptionally low, ranking at the very bottom of the street. The current assessed value is more aligned with area norms and likely reflects a different condition or market circumstance at the time of that last sale.
3. What are the implications of not having a garage?
Buyers should budget for alternative parking and storage solutions. This is a common feature in older neighbourhoods and can be offset by the larger lot, which may have space for a future shed or parking pad, subject to city bylaws.
4. How does the 4-level split layout typically function?
This style often features staggered half-levels, creating distinct zones for living, sleeping, and recreation. It can offer good separation of space but may involve more stairs than a bungalow or two-storey. The renovated basement adds valuable finished living area.
5. The comparable listings show a wide range of values and sizes. How does this home fit?
This home sits in the middle of the pack for assessed value among the examples provided. It offers more living space than several similarly priced homes in nearby areas, trading potentially newer features (like a 1978 build date elsewhere) for greater square footage here.