171 Wildwood B Park – Property Summary
1. Key Characteristics, Appeal, and Likely Buyers
This is a 1,148-square-foot home on a 7,195-square-foot lot, built in 1947, with an assessed value of $468,000. What stands out is the land. City-wide, the lot ranks in the top 16% by size—significantly larger than the Winnipeg average of 6,570 square feet. The house itself is smaller than most on its street and in the Wildwood neighbourhood, but its assessed value is above average city-wide, landing in the top quarter of all comparable homes in Winnipeg. That suggests the value is driven more by the land and location than by the square footage of the living space.
The appeal here is not a move-in-ready, spacious modern home. It’s a property with a generous, well-located plot in an established neighbourhood, where the house is older (built shortly after WWII) and on the smaller side. That combination tends to attract buyers who are willing to renovate, rebuild, or simply value outdoor space over interior square footage. It would suit someone looking for a project, a family wanting a large yard in a central area, or an investor eyeing the land value. It’s less suitable for someone seeking a low-maintenance, turnkey home with generous room sizes.
2. Frequently Asked Questions
1. How does the size of this house compare to others nearby?
On its own street, this home is smaller than average—ranked 30th out of 32 homes, meaning only two are smaller. The same is true within the wider Wildwood neighbourhood, where it ranks in the bottom 19% for living area. City-wide, however, it’s right around average.
2. Why is the assessed value relatively high if the house is small?
The value is likely tied to the land. The lot is well above average size for Winnipeg, and the home’s assessed value ranks in the top 25% city-wide, while its living area ranks near the middle. In older, desirable neighbourhoods, land often accounts for a larger share of the total value.
3. Is this an older home that needs work?
Built in 1947, it’s older than most homes in Winnipeg (where the average year built is 1966). But within Wildwood, it’s actually newer than several nearby homes—ranking 5th out of 32 on the street. Age alone doesn’t indicate condition, but buyers should expect the maintenance typical of a post-war house.
4. How big is the yard compared to other properties in the area?
The lot is 7,195 square feet. That’s slightly smaller than the street average (7,666 sqft) and noticeably smaller than the neighbourhood average (9,032 sqft). But city-wide, it’s in the top 16% of lot sizes—so while it’s not the biggest on the block, it’s still a large lot by Winnipeg standards.
5. Who would this property be best for?
Buyers who prioritize outdoor space, lot value, or the potential to renovate or rebuild. It may also appeal to someone who wants to live in the Wildwood area but doesn’t need a large interior footprint. It’s less suited to someone looking for a spacious, modern home that requires no work.