Property Overview: 74 Harry Wyatt Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 74 Harry Wyatt Place presents a compelling proposition of above-average space and premium value within its established Pulberry neighborhood. Built in 1994, it is a relatively modern residence on a generous 11,408 sqft lot, offering significant outdoor space that ranks in the top 7% on its own street. With 2,194 sqft of living area, the home provides ample room, placing it comfortably above neighborhood and city averages.
The primary appeal lies in its standout value and positioning. The property’s assessed value of $841k is notably elite, ranking in the top 1% of Pulberry and the top 2% city-wide. This indicates a home that is a high-value asset within its market. Its appeal is nuanced: it’s not just a large home, but a substantial property in a neighborhood of generally more modest homes, offering privacy and room to grow that is increasingly rare. It would suit buyers looking for a established, spacious family home without venturing into brand-new subdivisions, and who value a lot size that allows for gardens, recreation, or future expansion. It is ideal for those seeking a long-term home with proven value appreciation and a sense of established community.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home sold in March 2021 for an estimated $650k-$700k. The current assessed value of $841k suggests significant appreciation, but it's essential to request the exact sold price history and have a current market evaluation to understand today's fair market value.
2. Is the lot size typical for the area?
No, it is exceptional. At over 11,400 sqft, the lot is approximately 70% larger than the average lot on Harry Wyatt Place and ranks in the top 5% of the entire Pulberry neighborhood, offering a rare degree of outdoor space.
3. What does the "elite" ranking for assessed value actually mean?
It means this home's municipal assessment is higher than 99% of comparable homes in Pulberry and 98% across Winnipeg. This typically reflects a combination of the home's size, condition, lot, and the desirability of its specific location, but it is not a direct guarantee of resale value.
4. The home was built in 1994. What should I consider about its age?
While newer than most area homes (top 4% in Pulberry), a 30-year-old home will likely have seen updates to major systems like roof, windows, HVAC, and kitchen/bathrooms. A thorough inspection is crucial to determine the condition and remaining lifespan of these components.
5. How does this home fit within the immediate street?
It is among the larger, more valuable, and newer homes on Harry Wyatt Place. This can be positive, suggesting it is a premium property on the block, but it's wise to view the neighborhood analysis map to see how it compares directly to its immediate neighbors in terms of size and value.