Property Overview: 164 Reg Wyatt Way, Grassie, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of space, modernity, and premium positioning within its community. Built in 2010, it offers the benefits of a relatively newer construction, including likely modern building standards and systems, without being brand new. Its primary appeal lies in its generous proportions: at 1,816 sqft, the living area is comfortably above average for both the neighbourhood and the wider city. The standout feature, however, is the expansive 10,280 sqft lot, which ranks in the elite top 3% on its own street. This provides significant outdoor space for privacy, gardening, or future expansion, a rarity for newer builds.
The property’s assessed value is notably high for its immediate area, suggesting official recognition of its premium attributes, from the renovated basement to the attached garage. This isn't just a standard house in the subdivision; its metrics indicate it's a standout property on a street of newer homes. It would suit buyers looking for a move-in ready, modern family home in a developing area, who prioritize ample indoor and outdoor space over an older, established streetscape. It’s particularly suited for those who see value in a property that already leads its peer group in key financial and land metrics, offering a sense of both room to grow and solid investment.
Frequently Asked Questions
1. Why is the assessed value so high compared to neighbours?
The assessed value ranks in the top 1% on Reg Wyatt Way, indicating that municipal assessors have recognized superior features, likely including the home's size, the renovated basement, its condition, and the very large lot size compared to nearby properties.
2. What does a "renovated basement" typically include?
While exact finishes aren't specified, a renovated basement in a 2010 home often means it is fully finished as livable space, potentially including bedrooms, a family room, or a recreational area, adding significantly to the home's functional square footage.
3. Is the lot size unusual for this area?
Yes. The lot is over 10,000 sqft, which is substantially larger than the average lot on the same street (approx. 5,800 sqft) and in the wider Grassie area. This is a key differentiator for the property.
4. How does the sold price history work?
The listed sold price is a publicly estimated range. To obtain the exact, legally registered sale price from October 2021, you must request it via email from the service. This is a manual process to ensure data accuracy and privacy compliance.
5. What are the implications of buying a home built in 2010?
You benefit from modern construction codes, materials, and efficient systems (like HVAC and insulation). It also likely means the major components are still within or approaching their typical lifespan, potentially offering a period of lower immediate maintenance costs compared to an older home.