Property Overview: 23 Harry Wyatt Place, Winnipeg
Key Characteristics & Appeal
This 1,711 sqft home, built in 1987 on a 6,223 sqft lot, presents a compelling value proposition within Winnipeg’s Pulberry neighborhood. Its primary appeal lies in its strong positioning relative to broader markets, paired with a more accessible entry point on its own street.
While the home’s living space and assessed value ($533k) are below the averages for Harry Wyatt Place itself, this is the key to its opportunity. The property ranks significantly above average for both value and size when compared to the wider Pulberry area (top 10% and 16%, respectively) and the entire city. This suggests you are acquiring a home that outperforms most of the market, but on a street where property norms are set even higher. The lot size is generous by city standards, and the home’s age is newer than most in the broader area.
This property would suit a pragmatic buyer looking for a solid, above-average family home in a well-established neighborhood without paying the premium for the very largest homes on the block. It’s also a sensible choice for those who value space and neighborhood quality over a brand-new build, and who see the potential in a property that stands out more favorably in the context of the entire community than it does on its immediate street.
Frequently Asked Questions
1. Is this home overvalued because it’s below its street average?
Not necessarily. The assessed value is consistently above averages for both the Pulberry neighborhood and Winnipeg city-wide. This indicates the valuation is supported by the broader market, and the street itself simply consists of higher-value properties on average.
2. How reliable is the sold price data shown?
The listed sale from 2020 is based on public data, not the MLS. The site provides it as a reasonably reliable guide but recommends contacting them directly via email for fully verified and exact transaction history.
3. What does the “Top 10%” ranking for assessed value in Pulberry mean?
It means this home’s assessed value is higher than approximately 90% of comparable properties in the Pulberry neighborhood. It’s a strong indicator of its relative worth within that specific area.
4. Is the lot size a pro or a con?
It’s generally a positive. At over 6,200 sqft, the lot is above the city-wide average, offering good outdoor space. It is slightly smaller than the immediate street and neighborhood averages, but not significantly so.
5. Why should I consider a home built in 1987?
For this home, its 1987 build date is actually newer than about 75% of comparable homes across Winnipeg and 91% of those in Pulberry. This means it may have more modern infrastructure and require less immediate updating than many other homes in its price range across the city.