101 Wildwood D Park – Property Summary
Key Characteristics & Buyer Profile
This is a 1947-built home with 952 square feet of living space on a 7,198-square-foot lot, assessed at $462,000. Its strongest standout feature is its age: it was built in 1947, making it the oldest home on its street (top 5%) and one of the older properties in the Wildwood neighbourhood. For buyers who value character, mature construction, or a original-era home, this is a rare find on the block.
The living area is below average for both the street and the neighbourhood—952 sqft is roughly 30% smaller than typical homes in Wildwood. The land area, however, is a different story. While it sits on a lot that’s average-sized for the street, it’s well above average citywide (top 15% in Winnipeg). This suggests a property where the value is more in the land than the house itself, especially given that the assessed value ($462K) is modest relative to the neighbourhood average ($568K) but strong compared to the city.
The property would suit buyers who are less concerned with square footage and more interested in location, lot size, and the potential to update or rebuild. It’s a solid candidate for someone looking to get into Wildwood—a desirable area—without paying for a fully renovated home, or for a buyer who sees long-term value in the land. It may also appeal to those who appreciate the character and craftsmanship of immediate postwar construction, though the smaller footprint means it won’t work for families needing large interiors.
Frequently Asked Questions
1. How does this home's size compare to others in the area?
It’s one of the smaller homes on the street and in Wildwood—952 sqft puts it in the bottom 15% on the street and bottom 6% in the neighbourhood. The lot, however, is generous for the city, so outdoor space is a relative strength.
2. Is the assessed value in line with the neighbourhood?
Not exactly. At $462K, it’s below the neighbourhood average of $568K, but above the citywide average of $390K. It ranks around the middle of the street, so you’re paying less than most Wildwood homes but more than typical Winnipeg properties.
3. What does the “year built” ranking actually mean for this property?
It’s the oldest home on the street (top 5% locally) and well above average for the neighbourhood (top 19%). Citywide it’s below average, which just reflects that most Winnipeg homes are newer. For a buyer, this means you’re likely getting original construction details and possibly higher-quality materials, but also older systems and finishes.
4. Is this a good investment property or a starter home?
It could be both, but with caveats. The land-to-building ratio is strong (7,198 sqft lot on a 952 sqft house), which often appeals to investors looking for redevelopment potential. As a starter home, the smaller interior works well for a couple or single person, but families may find it tight quickly.
5. How does this property compare to others on the same street?
On the street, it’s average on assessed value and lot size, below average on living area, and the oldest by a comfortable margin. So it’s the most “original” home on the block, which can be a plus or a minus depending on your willingness to maintain or update.