Property Overview: 376 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 Winnipeg homes. Its primary appeal lies in its generous 12,753 sqft lot, which ranks in the top tier for size both locally and city-wide, offering significant outdoor potential. With 1,770 sqft of living space, the home is comfortably above average for the city, providing ample room for a growing family or those who value space.
The home suits buyers looking for a modern build without sacrificing yard size—a combination that can be hard to find. It’s ideal for those who envision gardening, outdoor recreation, or future additions. The attached garage and full (though unrenovated) basement add practical utility. Its assessed value sits above average for the neighbourhood, suggesting a well-regarded property in its area. A thoughtful perspective for buyers is to consider the value of the large lot not just for its current use, but as a long-term asset in a city where such sizable parcels in newer subdivisions are increasingly rare.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a unique position. While its living area and assessed value are around the street average, it stands out for having one of the newest construction dates and, most significantly, a land area that is among the very largest on Reg Wyatt Way.
2. What is the neighbourhood of Grassie like?
Grassie is a residential neighbourhood in Winnipeg. The data indicates that this home’s metrics (like living area and assessed value) consistently perform above the Grassie average, suggesting it is in a solid position within the community.
3. What does “basement not renovated” imply?
The home has a full basement, but it is in its original, unfinished state. This presents a blank canvas for future development to add living space, but also means any finishing would be an additional project and investment for the buyer.
4. How have the property’s values trended historically?
Based on available sale data, the property sold in the $40k-$43k range in 2019 and in the $47k-$50k range in 2022. This indicates a trend of increasing value, though for precise figures, verification of the exact sale prices is recommended.
5. What are the less obvious considerations for this property?
The elite-sized lot is a major feature, but buyers should factor in the corresponding maintenance (like lawn care or snow clearing). Additionally, while the home is newer, it is now 15 years old, so a thorough inspection of major aging components like the roof, HVAC, and appliances would be prudent.