102 Wildwood D Park

102 Wildwood D Park – Property Summary

Key Characteristics & Buyer Profile

This 1,426-square-foot home on a 7,198-square-foot lot was built in 1947. It sits on Wildwood D Park, where it ranks 9th out of 20 homes for living area (top 45%) and 12th for lot size (top 60%). Its assessed value is $405,000, which is notably below the street average of $474,900—ranking 18th out of 20—and well below the neighborhood average of $568,200. Citywide, the property is above average in land area (top 15%) and below average in year built.

The appeal lies in the lot size relative to the wider city, and the fact that it’s one of the oldest homes on a street of older houses (the street average year built is also 1947). The assessed value is low for its street and neighborhood, which might mean the existing house is modest or needs updating, but the land itself holds value. This would suit a buyer who values a large lot in an established neighbourhood over a move-in-ready house. It’s also a fit for someone who wants to buy into a street with consistent character—older homes, mature trees, and a stable footprint—rather than a newer subdivision with varied styles. The property’s internal size is close to the street average, so it’s not unusually cramped or oversized for the area.

Five Possible FAQs

1. Why is the assessed value so much lower than the street and neighborhood averages?
The home’s $405,000 assessed value ranks 18th out of 20 on its street. This typically reflects a house that is smaller, older, or in less updated condition than the others nearby. Since the lot size is near the street average, the gap likely comes from the building itself—the house may not have been renovated or expanded to match local norms.

2. Is “below average” for year built a concern?
Only in terms of age. The home was built in 1947, which is older than 76% of homes citywide. However, on its own street, it’s the oldest (top 5%), which means the entire street is early-mid-century. That can be a draw for buyers who want consistent neighborhood age, but it also means you should budget for older systems (wiring, plumbing, foundation).

3. How does the land size compare to typical lots in Winnipeg?
At 7,198 square feet, the lot is larger than 85% of properties citywide. But within the Wildwood neighborhood specifically, it’s about average—there, the typical lot is 9,032 square feet. So you get generous space by city standards, but it’s not unusually large for the area.

4. What does “ranked #9 out of 20” on the street mean for resale?
It means the home is slightly above the street median in living area, but not at the top. Resale value often correlates with being in the middle or upper-middle of your immediate comparables. Since the assessed value is low, there may be upside if you improve the house itself, though the lot position (12th out of 20) is only average for the street.

5. Should I be concerned that the neighborhood average living area is higher than the home’s size?
Not necessarily. The property is about 230 square feet smaller than the neighborhood average (1,657). That’s a modest gap. It could mean the home has a smaller footprint or lacks a finished basement that neighbors have. If you’re comfortable with less space, or plan to add it later, this difference is manageable and often reflected in the lower price.