Property Overview: 264 Reg Wyatt Way, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Grassie presents a balanced, modern family offering. Built in 2010, it is a newer construction compared to most Winnipeg homes, suggesting contemporary building standards and less immediate need for major updates. The 1,854 sqft living space is comfortably above average for both the neighbourhood and the city, providing ample room. A key feature is the renovated basement, adding functional living area. The home includes an attached garage and sits on a standard residential lot.
Its primary appeal lies in its strong positional value. The data shows it consistently ranks above average in Grassie and city-wide for size, assessed value, and year built, yet it sits around the median for its own street. This indicates you’re buying into a well-established, desirable street where this property is a solid, representative offering—not an outlier. It suits buyers looking for a move-in ready, modern family home in a mature neighbourhood, who value space and a recent build year over a massive lot. It’s particularly suited for those who appreciate a home that holds its own in broader comparisons without the premium price tag of a top-tier street leader.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value of $540k is above average for the broader Grassie area and Winnipeg, but ranks around the middle (Top 42%) for Reg Wyatt Way itself. This suggests the street is uniformly desirable, and this home is priced in line with its immediate peers.
2. What does the sold price history indicate?
The home sold previously in 2016 and 2021. The 2021 sale price range shows significant appreciation from 2016, aligning with broader market trends. The 2021 price positioned the home well above city-wide averages, indicating strong market recognition of its value.
3. Is the lot size a pro or con?
At 5,311 sqft, the lot is average for the street and slightly below average for the neighbourhood and city. This is typical for newer subdivisions. It provides adequate outdoor space but may not suit those seeking extensive gardening or very large private yards.
4. What is the significance of the “renovated basement”?
While details aren’t specified, a renovated basement adds immediate liveable square footage. It’s a functional asset that could serve as a family room, home office, or guest space without the need for investment or renovation work from a new owner.
5. Who might this home not suit?
Buyers seeking a historic character home, a property with a pool, or an exceptionally large lot may want to look elsewhere. Similarly, those looking for a "fixer-upper" or a project may find less value here, as it appears to be a updated, turn-key property in a settled area.