366 Wildwood G Park: Property Summary
Key Characteristics & Buyer Profile
This 1,689 sqft home was built in 1947 on a 9,094 sqft lot. Its standout feature is the land: the lot is in the top 8% citywide for size, and it ranks 2nd out of 12 homes on its street. The assessed value ($605K) is also strong—top 8% in Winnipeg and 2nd on the street—reflecting both the land and the home’s solid position in the Wildwood neighbourhood. The living area is around average for the street and neighbourhood, but above average compared to the city as a whole.
The appeal here is balance with a land premium. You’re getting a generous lot in an established area (homes on the street average 1951, so the 1947 build fits right in), without the living space being oversized. This suits buyers who prioritize outdoor space, garden potential, or future expansion over a large interior footprint. It would also work well for someone who values a quieter, tree-lined street in a mature neighbourhood, where older homes with character are common and lots are generous. It’s less suited to buyers who need a move-in-ready, modern open layout or a very large home right away.
Frequently Asked Questions
1. How does the living area compare to other homes in the neighbourhood?
At 1,689 sqft, it’s slightly above the Wildwood neighbourhood average of 1,657 sqft, but below the street average of 1,914 sqft. Citywide, it’s well above the average for comparable homes (1,342 sqft). So it’s a mid-sized home for the area, not the biggest or smallest.
2. The home was built in 1947—is that considered old for this area?
No. The average year built on the street is 1951, and in the neighbourhood it’s 1950. This home is actually slightly older than average, but it’s in line with the character of the area. Citywide, it’s older than about three-quarters of comparable homes, but that’s typical for established inner-ring neighbourhoods in Winnipeg.
3. Why is the assessed value high compared to the living area?
The assessed value reflects both the home and the land. The lot is 9,094 sqft—top 8% citywide—and land in this neighbourhood carries a premium. The home itself is well-positioned on the street, but the value is driven more by the location and lot size than by square footage alone.
4. What does “ranked #2 out of 12” mean practically for this property?
On this street, only one home has a higher assessed value, a larger lot, and a newer build. That means this property is among the most desirable on the block in terms of land and valuation. For a buyer, it suggests strong resale potential relative to immediate neighbours.
5. Is this a good fit for someone planning renovations or an addition?
Yes, likely. The lot is well above average in size, both on the street and citywide. That gives room for expansion, a garage, or landscape projects. Just keep in mind that the home is in a mature neighbourhood with older stock, so zoning and permit rules may apply. It’s worth checking with the city before planning major changes.