Property Overview: 548 Wilton Bay, Grant Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Grant Park offers a practical and grounded opportunity. Its key characteristics include a renovated basement, an attached garage, and a notably generous 6,207 sqft lot that ranks well above average for both the neighbourhood and the city. With 1,030 sqft of living space, the house itself is more compact and efficient, appealing to those seeking manageable upkeep.
The primary appeal lies in its land value and location. The lot size is a significant asset, offering ample outdoor space and future potential in a mature area. The home’s assessed value is positioned solidly in the middle range for its street and the city, suggesting a stable, established value. It would suit first-time buyers looking for a foothold in a desirable neighbourhood without a massive footprint, or downsizers seeking a single-level layout with a private yard. A thoughtful perspective is that while the home was built in 1956, it is newer than most on its specific street, which may indicate fewer issues common to the oldest homes in the area, yet it still carries the charm and established greenery of a mature community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg properties?
The land area of 6,207 sqft is a standout feature. It ranks above average city-wide and is particularly large for the Grant Park area, placing it in the top 14% of similar local properties.
2. Is the living space smaller than average?
Yes. The 1,030 sqft living area is below the city-wide average. This makes for a more efficient, manageable home, which is reflected in its assessment and likely utility costs.
3. What does the assessed value tell us?
The assessed value of $37,900 is consistently around the average mark when compared to homes on the same street, in Grant Park, and across Winnipeg. This indicates a stable, market-aligned valuation without extreme premiums or discounts.
4. The home sold recently in 2024. Is price history available?
Exact sold prices are not publicly listed in detail. The provided range from the 2024 sale is between $37.5k and $40.5k. For the precise figure, you must request it directly via the provided email service.
5. Who might this property not suit?
It may not suit buyers looking for a large, modern interior or multiple levels of living space. The appeal is weighted more toward the land and location, with the home serving as a comfortable, renovated base. Those needing extensive square footage indoors may find it limiting.