321 Wildwood H Park – Property Summary
Key Characteristics & Buyer Profile
This 1,575 sqft home sits on a 7,197 sqft lot in Winnipeg’s Wildwood H Park area. Built in 1947, it’s the oldest home on its street—ranked #1 out of 32 for year built—and is in the top 19% of the neighbourhood for age. The assessed value of $482,000 is close to the street average ($478,500) and slightly below the neighbourhood average ($568,200), but it ranks above average citywide (top 23%). Living area is roughly in line with the street and neighbourhood, but above the citywide average of 1,342 sqft (top 27%). The land area is average for the street but on the larger side citywide (top 15%).
The appeal here is subtle: this isn’t a flashy or oversized home, but it offers solid space inside and out relative to the broader market. The older build (1947) may appeal to buyers who appreciate character homes, established neighbourhoods, or mature landscaping—things often absent in newer subdivisions. It’s a practical fit for someone who wants more land than typical Winnipeg homes offer, without paying a premium for a larger house. Families or downsizers looking for a stable, mid-century property in a well-ranked area could find it worthwhile. Investors might also note the below-neighbourhood assessed value, which could suggest room for gradual value growth if the area appreciates.
Five Possible FAQs
1. How does this home’s age compare to others nearby?
It’s the oldest on the street (built 1947) and among the older homes in Wildwood (top 19%). Citywide, it’s older than most (top 76%), so expect original features or potential updates depending on the owner’s work.
2. Is the assessed value a fair reflection of market price?
The assessment is close to the street average but well below the neighbourhood average. That doesn’t guarantee a lower sale price—assessments lag market conditions—but it suggests the home may be priced conservatively compared to some nearby properties.
3. What does “land area” mean here, and is 7,197 sqft large?
It’s the total lot size. On this street it’s average (top 38%), but citywide it ranks in the top 15%, so it’s a bigger lot than most Winnipeg homes. That could mean more yard space for gardens, parking, or additions.
4. How does the living area compare to other homes I might see?
At 1,575 sqft, it’s similar to other homes on the street and in Wildwood (where the average is 1,657 sqft). But it’s about 230 sqft larger than the typical Winnipeg comparable home, so you’re getting more interior space than average citywide.
5. What’s the neighbourhood like in terms of property values and age?
Wildwood’s average assessed value is $568,200—higher than this home’s $482,000—and its average year built is 1950, just a few years newer. The area seems to have a mix of older, established homes with some higher-value properties pulling the average up.