Property Overview: 108 Wilmot Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 108 Wilmot Place is a practical and well-positioned property in the Mcmillan neighbourhood. Built in 1989, it is a newer construction compared to many homes in the area and citywide, which can mean fewer concerns about major aging infrastructure. With 1,054 sqft of living space, it offers a comfortably sized footprint that is very close to the Winnipeg average, suitable for a small family, a couple, or an investor.
Its primary appeal lies in its strong value proposition within a desirable neighbourhood. The assessed value of $32,100 is notably above average for both Mcmillan and Winnipeg overall, suggesting the property holds solid intrinsic value relative to its surroundings. Recent sale history indicates steady price appreciation. This isn't a flashy, top-tier property on its street, but rather a solid, above-average performer in its wider community context. It would suit a value-conscious buyer looking for a move-in ready home in an established area without paying a premium for the absolute largest or newest house on the block. It also presents a compelling case for an investor seeking a property with a strong assessed value foundation and proven resale trajectory in a stable neighbourhood.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
While its living space is around the average for Wilmot Place itself, its assessed value is higher than most in the Mcmillan neighbourhood and citywide. This indicates it's considered a valuable asset compared to broader peers, even if it's not the largest house on its specific street.
2. What does the sale history tell us?
The home sold between $300k-$350k in 2024 and $250k-$300k in 2019. This shows clear capital growth over a five-year period, providing concrete evidence of the property's market performance.
3. Is the 1989 build date an advantage?
Yes, particularly in this context. It is newer than most homes in Mcmillan (where the average comparable home was built in 1957) and on par with the city average. This relative newness often translates to more modern building standards and potentially lower immediate maintenance costs than much older character homes.
4. Who are the likely neighbours?
The immediate neighbours on Wilmot Place are similar in vintage and scale. The "Worth viewing" comparisons also show a mix of nearby historic character homes (on Wellington Crescent and Norquay Street) and similar 1980s builds, indicating a diverse streetscape within Mcmillan.
5. How can I find out the exact past sale prices?
The provided data shows price ranges. The listing service notes that exact sold prices are available upon direct request via email, which they handle manually without using your contact information for marketing spam.