68 Reg Wyatt Way

Property Overview

This two-storey home at 68 Reg Wyatt Way in Winnipeg's Grassie neighbourhood presents a well-maintained and above-average offering in several key areas. Built in 2010, it is a relatively modern home that requires less immediate attention than older properties. Its nearly 1,950 sqft of living space is notably larger than average for its street, neighbourhood, and the city overall. A key feature is the renovated basement, which adds functional living area. The home includes an attached garage and sits on a standard-sized lot for the area.

The appeal lies in its move-in-ready condition, modern build, and spacious interior, all within a community of similar, well-kept homes. Its assessed value places it in the top tiers locally, suggesting a quality build and desirable location. This property would suit buyers looking for a family-sized home without the worries of major renovations or outdated systems. It’s ideal for those who prioritize interior space over an exceptionally large yard and appreciate the value stability of a home that consistently ranks above its peers in key metrics.

Frequently Asked Questions

What does the "above average" ranking actually mean for a buyer?
It means that compared to similar homes on its street, in Grassie, and across Winnipeg, this property consistently scores in the top 10-30% for living space, assessed value, and year built. This indicates a solid investment in a desirable tier of the market, often translating to better resale value and appeal.

Is the land size a drawback?
The lot is average for the immediate area but smaller than the citywide average. This is typical for newer subdivisions. For buyers, this means less yard maintenance but also less private outdoor space. The trade-off is the larger-than-average finished living area inside the home.

How reliable is the assessed value as an indicator of market price?
The assessed value ($570k) is for municipal tax purposes and is a historical snapshot. While being in the top 10% locally is a strong sign of the property's calibre, the actual market price is determined by current conditions. The last known sale was in 2016, so a professional valuation is essential.

What are the implications of the renovated basement?
A renovated basement adds immediate usable square footage without the hassle and cost of a DIY project. It's important to clarify the scope of the renovation, whether permits were obtained, and the quality of the finish to understand its true value and functionality.

The home was last sold in 2016. What should I consider?
A single ownership span of nearly a decade suggests a well-cared-for home by a settled owner. It’s wise to inquire about updates made during that time, especially to major components like the roof, HVAC, or appliances, which may be nearing the end of their typical lifespans.