Property Overview: 364 Reg Wyatt Way, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Grassie presents a compelling blend of space, modernity, and land. Built in 2011, it is a notably newer construction compared to most homes in Winnipeg, offering contemporary building standards and less immediate concern for major system replacements. Its primary standout feature is the generous 12,323 sqft lot, which ranks in the top 3-5% for size both on its street and across the wider city. This provides exceptional outdoor potential for gardening, recreation, or future expansion.
With 1,718 sqft of living space, the home is above average for the city and neighbourhood, offering comfortable room for a family. The attached garage and full (though unrenovated) basement add practical utility and storage. Its assessed value is consistently above average for its area, suggesting a solid foundation of perceived worth.
The appeal lies in this balanced package: a modern home on a truly sizable lot in an established neighbourhood. It suits buyers looking for a move-in-ready property without the premium of a brand-new build, but who prioritize private outdoor space over a recently updated basement. It would particularly fit growing families seeking room to spread out, or those with long-term visions for landscaping, outdoor living, or even potential additions, given the land capacity.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
The lot is exceptionally large, over double the average size on Reg Wyatt Way itself. This translates to significant backyard space and greater privacy compared to typical suburban lots.
2. What does "basement not renovated" imply?
The basement is finished but in its original 2011 state. It is functional and livable, but may lack modern finishes. This represents a straightforward opportunity for future personalization or investment, rather than a critical deficiency.
3. Is the assessed value a reliable indicator of the selling price?
While the assessed value is above average for the area, it is a municipal tax valuation. The last known sale was in 2017, so the current market value will be influenced by recent neighbourhood sales, condition, and market trends, not just this assessment.
4. What are the pros and cons of a 2011 build?
Pros include modern insulation, wiring, and plumbing codes, and likely newer major components like the furnace and roof. A potential con is that any original appliances or finishes may be nearing the end of their typical lifespan and could require updating soon.
5. How does this home rank for investment or resale?
Its strong points—large lot, newer build, good square footage—are enduring features that tend to hold appeal. The unrenovated basement allows a future buyer to add value. Its rankings suggest it is a above-average property within its community, which can provide stability in the market.