Property Overview: 110 Donna Wyatt Way, Winnipeg
Key Characteristics & Appeal
This home presents a balanced, modern offering in Winnipeg's Peguis neighborhood. Built in 2015, it's a relatively newer home in a city-wide context, potentially reducing immediate concerns over major aging components. With 1,400 sqft of living space, it offers a practical footprint that is very close to the average for its immediate street and slightly above average compared to the entire city, suggesting efficient use of space without being overly compact.
The appeal lies in its value positioning. The assessed value of $394k is notably below the Peguis area average, meaning you may get a newer home for a lower entry point within this specific neighborhood. However, the lot size is smaller than most in the area and across the city. This trade-off results in a property suited for buyers who prioritize a modern, low-maintenance home interior over extensive outdoor space. It would fit well for first-time buyers, small families, or downsizers seeking a manageable property without the upkeep of an older house or a large yard.
A less obvious perspective is its stability within its micro-market. On its own street, its living area, value, and age are all consistently around the average, indicating it fits right into the local fabric without being an outlier. This can be a positive for long-term value consistency.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a starting point. Notably, this home's assessment is below the Peguis area average but close to the city-wide average. Market conditions, recent upgrades, and buyer demand will ultimately determine the sale price.
2. How does the smaller lot size impact living here?
The land area is smaller than most comparable properties in Peguis and city-wide. This means less exterior maintenance and yard work, which many buyers appreciate. However, it also limits potential for expansions like large decks, pools, or additions, and offers less private outdoor space.
3. The home sold in early 2018. What can that past sale tell us?
The previous sale price (estimated between $300k-$350k) provides a historical benchmark. The increase to the current assessed value reflects market appreciation over seven years. Reviewing how prices have changed for similar nearby homes since 2018 would offer deeper context for today's value.
4. As a home built in 2015, what should I expect regarding maintenance?
While still considered modern, a home from 2015 is approaching a decade old. Key components like the roof, HVAC system, and major appliances may be nearing the middle or end of their typical lifespans and should be inspected. The advantage is that building codes and materials from this era are more current than those of much older homes.
5. How does this property rank compared to others, and what does that mean?
The provided rankings show how this home compares in various metrics to others on its street, in Peguis, and across Winnipeg. For example, ranking in the top 7% city-wide for year built highlights its relative newness compared to Winnipeg's overall older housing stock. These stats are useful for understanding its competitive standing in different geographic contexts.