Property Overview: 224 Reg Wyatt Way, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2010, presents a well-maintained and modern living space in Winnipeg's Grassie neighbourhood. Its key appeal lies in a strong balance of space, condition, and location value. With 1,834 sqft of living area and a renovated basement, it offers ample room for a growing family or those who appreciate dedicated spaces for work or leisure. The attached garage adds practical convenience.
The home’s standout characteristic is its above-average assessed value relative to its surroundings. It ranks in the top 16% on its own street and the top 10% within both the Grassie area and the entire city for this metric. This suggests it is perceived as a higher-value property within its peer group, likely due to its modern build year, updates, and lot size (5,681 sqft), which is competitive for the area.
This property would suit buyers looking for a move-in ready home from the last 15 years, who want to be in a well-established neighbourhood without the maintenance concerns of an older property. It’s ideal for those who value a renovated basement as flexible living space and appreciate a home that holds a strong value position within its community. A thoughtful perspective is that it offers the benefits of a newer build while being situated in a mature area, potentially providing more established landscaping and community feel than a brand-new subdivision.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to nearby properties?
The home’s assessed value of $570k places it in the top 10-16% of comparable homes in Grassie and citywide, indicating it is considered a higher-value property in its class. Direct neighbours on Reg Wyatt Way have similar assessed values, suggesting a consistent and desirable street.
2. What is the exact prior sale price?
Public data shows a sale in September 2020 in a range around $45,500k to $48,500k. For the precise sale price, you can request the information via email from the listing source, which provides this detail manually.
3. Is the lot size typical for the area?
Yes. The lot of 5,681 sqft is around the average for Reg Wyatt Way and the broader Grassie neighbourhood, offering standard suburban outdoor space without being unusually large or small.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand the quality and use of the space.
5. How does the living space compare to other homes?
At 1,834 sqft, it is above the city-wide average and slightly above the average for the Grassie area, placing it in the top 21% locally. It provides more space than many Winnipeg homes but is close to the average for its immediate street.