Property Overview: 172 Reg Wyatt Way, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home, built in 2009, offers a practical and modern living space of 1,510 sqft on a generous 5,905 sqft lot. Its key appeal lies in its strong value proposition and move-in-ready condition, featuring a renovated basement and an attached garage.
While the living area is modest for its immediate street, ranking in the top 77% locally, the property consistently outperforms benchmarks in more meaningful categories. Its assessed value places it in the top 30% on its street, the top 16% in the broader Grassie area, and the top 12% city-wide, indicating a perception of above-average worth for its type. The home’s age is a significant asset, being notably newer than the Winnipeg average, which suggests modern building standards and less immediate need for major system updates.
This property would suit first-time buyers or downsizers seeking a single-level layout without sacrificing yard space. It’s also a pragmatic choice for value-conscious buyers who prioritize a newer, low-maintenance home in a stable neighborhood over maximizing square footage. The renovated basement adds functional living or recreational space, enhancing its utility.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
While the living area is slightly below average for homes on Reg Wyatt Way, it is above the city-wide average for Winnipeg. This indicates a comfortable size that is efficient and may align with a desire for easier maintenance and lower utility costs.
2. What does the assessed value ranking tell me?
The home’s assessed value is high relative to comparable properties on its street, in Grassie, and across Winnipeg. This typically reflects factors like its condition, renovations, lot size, and the desirability of its specific location, suggesting it is well-positioned in the market.
3. Is the 2009 build date an advantage?
Yes. Built 17 years ago, the home is significantly newer than the Winnipeg city-wide average (1966). This generally means more modern construction materials, electrical, and plumbing systems, potentially leading to fewer major repairs in the near term compared to an older home.
4. What is the history of sold prices for this property?
Public records show estimated sale ranges of $52.50k-$55.50k in September 2021 and $37.50k-$40.50k in August 2016. For the exact historical sold prices, you can request them via email from the listing source.
5. Who are the most likely buyers for this property?
This home is particularly suited for buyers seeking a single-storey layout, such as first-time homeowners or those looking to downsize. Its strong assessed value rankings, newer build, and renovated basement also make it a practical choice for investors or buyers looking for a modern home with immediate livability and a solid value foundation.