303 Wildwood I Park – Property Summary
Key Characteristics & Buyer Profile
This is a 1,135 sqft home built in 1947 on a 7,203 sqft lot, with an assessed value of $452,000. The property sits in Winnipeg’s Wildwood neighbourhood.
Its main appeal is the land. The lot is larger than 85% of properties citywide, which is uncommon for a home of this age in this area. The house itself is on the smaller side—both relative to its own street and the broader neighbourhood—but that’s partly a function of its age. Built in 1947, it’s one of the oldest homes on the street (ranked 2nd out of 28) and in the top 20% for age within Wildwood. Older homes in this part of the city often sit on generous lots, and this one is no exception.
The assessed value is below the street and neighbourhood averages, which tracks with the smaller living area, but it’s above average citywide. That suggests the land value is doing some of the heavy lifting.
This property would likely suit a buyer who values lot size over square footage—someone open to renovation, expansion, or simply wanting more outdoor space in an established neighbourhood. It’s less suited to someone looking for a move-in-ready home with generous interior space. The kind of buyer who sees potential in a post-war bungalow on a deep lot, and who understands that the house itself may need updating, would find this worth a closer look.
Frequently Asked Questions
1. How does the living area compare to similar homes in Winnipeg?
At 1,135 sqft, it’s below the street average (1,585 sqft) and neighbourhood average (1,657 sqft), but slightly above the citywide average for comparable homes (1,342 sqft). It ranks around the middle of the pack citywide.
2. Is the assessed value a good indicator of market price?
Not directly. The assessed value is $452,000, which is below the street and neighbourhood averages. But assessed values are based on municipal formulas and don’t always reflect current market conditions, especially for older homes where land value and renovation potential play a big role.
3. Why is the lot size considered a standout feature?
The lot is 7,203 sqft. That ranks in the top 15% citywide, meaning most homes in Winnipeg sit on smaller parcels. On its own street, it’s around average, but in the broader city context, it’s well above typical.
4. What should a buyer know about a home built in 1947?
Homes from this era often have solid construction but may need updates to electrical, plumbing, insulation, or windows. The age also means it’s one of the oldest on the street—worth considering if you value character, but also worth budgeting for potential deferred maintenance.
5. How does this property compare to others in Wildwood?
Within Wildwood, this home is below average in living area and assessed value, but above average in lot size and age. It’s not a typical match for the neighbourhood averages, which leans toward larger, newer homes. It’s more of a value play for someone willing to put in work.