Property Overview
This home at 2 Willis Wyatt Place presents a practical opportunity in Winnipeg's Meadows neighborhood. Built in 1987, its key appeal lies in offering above-average interior space on a decent-sized lot for the area, all while carrying a relatively modest assessed value.
Key Characteristics & Appeal
The 1,522 sqft living area is notably roomier than many similar homes in both the broader Meadows area and citywide. The lot, at just under 5,900 sqft, is also larger than most in the immediate vicinity, providing good outdoor space. Interestingly, while its assessed value is the lowest on its specific street, it aligns closely with the average for Meadows and sits in a moderate range citywide. This suggests the home may offer good value relative to its space. The 1987 build date means it's newer than many Winnipeg homes, potentially implying fewer immediate concerns with aging infrastructure.
This property would suit first-time buyers or practical-minded families seeking more square footage without a premium price tag. It’s also a fit for buyers who prioritize a larger yard in a mature neighborhood over a brand-new build. The data indicates it’s a home that trades street prestige for tangible space and lot size.
Frequently Asked Questions
1. Why is the assessed value the lowest on the street?
While the lowest on Willis Wyatt Place, the assessment is actually around the neighborhood and city average. This can sometimes indicate a home that is more modestly finished or in need of updates compared to its immediate neighbors, which is a common way first-time buyers find entry into established areas.
2. How does the 1987 build date affect the home?
A home from this era is past its original warranty period but is typically newer than the city's housing stock average. Buyers should still prioritize inspections for major systems like roof, windows, and HVAC, which may be nearing the end of their service life but could also have been updated already.
3. Is the lot size a pro or a con?
It depends on your priorities. The lot is below the street's average but above the area's average. You're getting more yard than many Meadows homes, but not the largest on the block. It strikes a balance between manageable maintenance and usable outdoor space.
4. What does the sold price history tell us?
The home sold between $350k-$400k in 2021. This range was above average for the area and city at that time, indicating buyers previously saw value here. It's crucial to compare this with current local market conditions for an accurate present-day valuation.
5. How can I get the exact historical sold price?
The exact price is not publicly listed in detail. You can email the listing service to request it manually; they state they provide this information without using your email for marketing spam.