Here is a clean, stand-alone summary of the property at 329 Wildwood H Park, written for direct display on a webpage.
Key Characteristics & Buyer Profile
This is a compact 840 sqft home on a notably large 7,319 sqft lot in Winnipeg’s Wildwood Park. Its strongest asset is the land: the lot ranks in the top 3% on the street and top 15% city-wide, offering space rare for the area. The house itself was built in 1947 and is one of the oldest on its street (top 3%), which gives it character but also means systems and structure likely reflect their era. The assessed value sits at $390,000, which is around the city average but significantly below the neighborhood average of $568k—making it one of the more affordable entries into this pocket of Wildwood.
The appeal lies in the trade-off. You get a desirable, well-established neighborhood with a small footprint and a very large lot. The lower living-area ranking (bottom 10% on the street) is a clear signal the house is modest, but the land is the real draw.
Who it suits: Buyers who prioritize outdoor space, garden potential, or future redevelopment possibilities over interior square footage. It will appeal to those comfortable with an older home who see value in the lot’s potential rather than expecting a move-in-ready, spacious interior. It’s less suited for someone who needs a large, open floor plan or wants to avoid older-home maintenance right away.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
The home’s smaller living area (840 sqft vs. the neighborhood average of 1,657 sqft) is the main reason. While the lot is large, the house itself is compact, so the overall value reflects the modest structure, not the land size. On a city-wide level, the $390k assessment is actually right around average.
2. How old is the house, and what should I watch for with a 1947 build?
It was built in 1947, which is typical for this street but older than most homes city-wide. Expect original construction materials, potentially older electrical systems (knob-and-tube), galvanized plumbing, and less insulation than modern standards. A thorough home inspection, especially of the foundation and mechanicals, is strongly advised.
3. Is the living area a deal-breaker compared to other homes on the street?
It depends on your needs. At 840 sqft, this is considerably smaller than the street average of 1,455 sqft. If you need multiple bedrooms or an open-concept great room, this will feel tight. But if you are willing to live in a smaller footprint to get the large lot and lower price point, it may be exactly what you’re looking for.
4. What does the “top 3%” ranking for lot size really mean?
It means that on this street, this lot is one of the largest. Out of 32 comparable homes, only one other (or none) has a bigger piece of land. At 7,319 sqft, it offers significant room for gardens, a workshop, or outdoor entertaining—well above what most properties in this area provide.
5. How does this property compare to others in Wildwood Park overall?
In terms of house size and value, it ranks well below average for the neighborhood—near the bottom quartile for both. But in lot size, it is slightly above the neighborhood average. You are essentially buying into Wildwood at a lower cost than most neighbors, with the trade-off being a smaller house on a bigger-than-typical lot.