Property Overview: 296 Reg Wyatt Way, Grassie, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 2008, offering a practical and modern layout. Its key features include a renovated basement and an attached garage. With 1,257 sqft of living space, it is notably compact compared to most homes on its own street, but it aligns more closely with the average size of homes across Winnipeg. This efficient use of space can mean lower utility costs and easier upkeep.
The appeal here is one of balance and value. The home’s assessed value sits comfortably above the city-wide average, suggesting a solid investment in a desirable, newer-built property. However, within the immediate neighbourhood and street, its value is average or slightly below, which could present a relative value opportunity for a buyer. It suits first-time homeowners, downsizers, or investors seeking a modern, low-maintenance property without the premium price tag of the largest homes on the block. The generous lot size provides room for gardening or outdoor living, adding to its charm.
Frequently Asked Questions
1. How does the home’s size compare to the area?
While the living area is smaller than most direct neighbours on Reg Wyatt Way, it is very close to the average size for the entire city. This makes it a efficiently sized home in a neighbourhood of generally larger houses.
2. What does the assessed value tell me about this property?
Its above-average city-wide assessment indicates a valued property in the broader market. That it ranks lower on its own street may suggest less competitive pressure during purchase negotiations compared to buying a top-tier home in the same row.
3. Is the renovated basement a full suite?
The listing confirms the basement is renovated but does not specify if it is a legal suite. This would be a key point to clarify with the seller or a home inspector.
4. What are the utility costs likely to be for a home of this size and age?
As a modern, single-storey home with average city square footage, heating and cooling costs should be relatively manageable. Its 2008 construction also means it likely meets more recent energy efficiency standards.
5. Why is the exact past sale price not publicly listed?
To ensure accuracy and privacy, the precise sale price is handled discreetly. You can request the exact figure via email from the listing service, which provides the data manually without using your information for marketing.