120 Wildwood C Park – Property Summary
Key Characteristics & Buyer Profile
This is a 1947 home with 1,319 square feet of living space on a notably large lot of 9,593 square feet, with an assessed value of $518,000. The property stands out most clearly for its land. On its own street, it ranks #1 out of 36 homes for lot size—a position described as "elite" in the data—and sits in the top 7% city-wide. For buyers who prioritize outdoor space, a large garden, or future expansion potential, this is the primary draw.
The home itself is older than most in the city (built in 1947, compared to a city-wide average of 1966), but that’s typical for the neighborhood: it ranks in the top 6% of its street for age, meaning it’s among the older, more established properties locally. The living area is around average for the area (slightly below the neighborhood average of 1,657 sqft, slightly above the city average of 1,342 sqft). The assessed value sits above the city-wide average by a noticeable margin (top 17%), reflecting the value placed on the land and location.
The appeal here is not a turnkey, modern home but a solid older property on a generous piece of land in an established neighborhood. It would suit buyers who are comfortable with a home of this vintage—possibly looking to renovate or update over time—and who see the large lot as the main asset. It’s less suited for someone seeking a newer, low-maintenance property or a maximized floor plan.
Frequently Asked Questions
1. How does the living space compare to other homes nearby?
The living area is slightly below the neighborhood average of 1,657 sqft but above the city-wide average of 1,342 sqft. On its street, it ranks around the middle (22 out of 36). So while the house isn’t unusually spacious, it’s not small for the area, and the large lot means there’s potential for an addition if needed.
2. Why is the assessed value higher than the city average if the house is older?
The premium comes from the land, not the structure. The lot is in the top 7% city-wide for size, and the property is on a desirable street in the Wildwood area. A 1947 home on a large, well-located lot will consistently carry a higher valuation than newer homes on smaller lots in less central areas.
3. What does “rank #1 on the street for land area” actually mean in practical terms?
It means the lot is the largest of all 36 comparable homes on Wildwood C Park. At 9,593 sqft, it’s about 2,100 sqft larger than the street average. This gives noticeably more yard space than most neighbors—enough for a substantial garden, a workshop, or simply more privacy and buffer from adjacent properties.
4. Is this a good candidate for a major renovation or teardown?
Potentially. The home is older (1947) and the living area is modest for the lot size, which often signals a good renovation or rebuild candidate—especially in an established neighborhood where land is the scarce resource. However, you’d want to check local zoning, heritage restrictions, and the condition of the existing structure before making that assumption. The data doesn't cover the home's condition.
5. How do the “rankings” work in the data provided?
The rankings compare this property against similar homes within three scopes: the same street, the same neighborhood (Wildwood), and the entire city of Winnipeg. A lower rank number and higher percentage (e.g., “Top 7%”) means it outperforms more peers on that metric. For land area and year built, “better” means larger or older, respectively. For assessed value, “better” means higher. The “Avg” listed is a rough median for comparable homes within that scope, not a mean or official benchmark.