Property Overview: 168 Reg Wyatt Way, Grassie, Winnipeg
Key Characteristics & Appeal
This two-storey home in Grassie presents a compelling blend of space, modern updates, and established value. Built in 2009, it offers a move-in-ready foundation with the benefit of a renovated basement. The property stands out for its above-average scale, featuring over 2,000 sqft of living area and a notably generous lot of nearly 7,000 sqft, providing ample room both inside and out. Its attached garage adds practical convenience.
The appeal lies in its strong positional value within the market. The home consistently ranks in the top tier among its immediate neighbors, in the broader Grassie area, and city-wide for both its size and its assessed value. This suggests it is a premium property within its context, not just a standard offering. It would particularly suit buyers looking for a family-sized home in a mature neighborhood who want the space of a newer build without being on the fringe of the city. It’s also a solid candidate for value-conscious buyers who appreciate a home that has already undergone significant updates, like the basement renovation, and holds a strong, data-backed standing in the community.
Frequently Asked Questions
How does the assessed value relate to the likely selling price?
The assessed value of $60,20k is a strong indicator of the municipality’s valuation for tax purposes and places the home in an elite tier locally. However, the final selling price is determined by the current market. The provided sold price history from 2021 offers a past benchmark, but a current market evaluation is essential.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Interested buyers should inquire about the finish quality, the presence of permits, and whether it includes added bedrooms, a living space, or a legal suite.
Is the lot size a typical feature for this street and area?
The lot is above average for Reg Wyatt Way itself (top 16%) and is very consistent with the city-wide average. This indicates a spacious yard that is a genuine feature of this specific property, not just common for the area.
The home was built in 2009. Are there any major components nearing replacement?
At 17 years old, major systems like the roof, HVAC, and water heater may be approaching the end of their typical lifespans. A pre-purchase inspection would be advisable to assess their remaining service life and help with future budgeting.
How stable have property values been on this street?
The home last sold in 2021. The fact that several nearby properties on the same street are listed as having similar assessed values suggests a consistent and stable valuation environment in this specific part of Grassie, which can be a positive indicator of neighborhood cohesion.