Property Overview: 303 Reg Wyatt Way, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home, built in 2008, offers a practical and modern living space of 1,416 sqft on a 4,646 sqft lot. Its key appeal lies in its balance of contemporary age and manageable scale. The home features a renovated basement and an attached garage.
The property presents a compelling case for value-conscious buyers. While its living space and lot size are modest compared to immediate neighbours, its assessed value ranks significantly above the Winnipeg city-wide average. This suggests you may get a more modern home with recent updates for a value that competes well across the broader market. It’s an ideal fit for first-time homeowners, downsizers, or investors seeking a turnkey property in a mature neighbourhood without the maintenance concerns of an older build. The single-level layout adds to its accessibility appeal. A thoughtful perspective is that its "averageness" on the street could mean less property tax volatility compared to standout homes, providing budget predictability.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,416 sqft, the living area is below the average for Reg Wyatt Way but is very close to the average for the entire city of Winnipeg. This indicates a more compact, efficient layout compared to some larger homes on the same street.
2. What does the assessed value ranking tell me?
The assessed value ranks in the top 19% city-wide, meaning it is valued higher than most homes in Winnipeg. However, on its own street and in Grassie, it ranks as around average. This can indicate a well-maintained, modern property that holds its value competitively in the broader market.
3. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official living area (main floor) calculation. The 1,416 sqft likely refers to the main floor, with the renovated basement providing additional bonus space.
4. The last recorded sale was in late 2020. How is the price context provided?
The listing provides a sold price range for that sale and shows how that price ranked against other sales at the time—it was in the top 30% city-wide. For the exact historical sold price, you can request it via email from the listing service.
5. What are the implications of the lot size being below average for the street?
The lot is smaller than many on Reg Wyatt Way, which generally means less exterior maintenance. This can be a benefit for those seeking a manageable yard, but it’s wise to consider if it meets your needs for privacy, outdoor space, or future additions.