Property Overview: 272 Reg Wyatt Way, Grassie, Winnipeg
Key Characteristics & Appeal
This two-storey home in Grassie offers a well-proportioned living space of approximately 2,100 sqft, which ranks comfortably above average for its street, neighbourhood, and the wider city. Built in 2008, it is a relatively modern home that requires less immediate concern for major system updates compared to older inventory. The property features an attached garage and a renovated basement, adding functional living and storage space. Its appeal lies in its strong, consistent positioning across key metrics—it’s not an outlier in any single category but presents a balanced, above-average package overall. The lot size is standard for the area, offering manageable outdoor space without excessive maintenance.
This home would suit practical buyers looking for a move-in-ready property without the premium of a brand-new build. It’s an ideal fit for growing families or professionals seeking a established home in a mature neighbourhood, where the space and modern amenities meet typical needs without excess. A thoughtful perspective is that its consistent "above average" rankings suggest a resilient baseline value, potentially offering a stable investment in a neighbourhood that isn't subject to the extreme highs and lows of more volatile market segments.
Frequently Asked Questions
1. How does the living space truly compare to nearby homes?
At 2,096 sqft, this home's living area is larger than approximately 85% of similar homes on its street and over 90% of homes citywide, indicating a notably spacious interior for its class.
2. What does the assessed value indicate about the property taxes?
The assessed value of $55,400 is above the local and city averages. While not a direct bill, it is the primary basis for municipal property tax calculations, so buyers should budget for taxes commensurate with this above-average valuation.
3. The home sold recently in late 2024. What can the sold price range tell me?
The reported sold price range (approximately $60,500k - $63,500k) suggests a strong sale significantly above its assessed value, indicating robust market demand for this type of property at that time. For the exact price, you can request details via email from the listing source.
4. Is a 2008-built home considered modern, and what might that mean for maintenance?
Yes, for Winnipeg, a 2008 build is considered relatively modern and is newer than about 87% of homes citywide. This typically means major components like the roof, furnace, and windows are likely still within or approaching mid-life, but a pre-purchase inspection is still crucial to assess their specific condition.
5. Are the lot size and neighbourhood typical for Grassie?
The lot size of just over 5,300 sqft is very typical for the area, ranking almost exactly in the middle of the pack locally. This suggests the property is consistent with the neighbourhood's established character for yard space.