203 Wildwood A Park – Property Summary
Key Characteristics & Buyer Profile
This 1,644 sqft home sits on a 7,198 sqft lot and was built in 1947. The assessed value is $566,000. What stands out is how the property compares across different levels:
- Living area is above average for its street (top 30%) and citywide (top 23%), but roughly average for the Wildwood neighbourhood.
- Assessed value is strong: top 13% on the street, top 25% in the neighbourhood, and top 11% citywide. This suggests the home has held or gained value relative to peers, likely due to its size, condition, or location within an established area.
- Year built (1947) is older than most homes citywide (top 76%), but actually on the newer side for its street (top 20%) and neighbourhood (top 19%). In Wildwood, older homes are common, so this one is relatively youthful for the area.
- Land area is slightly below the street and neighbourhood averages, but still above average citywide. Not a sprawling lot, but generous by Winnipeg standards.
Appeal: The property has a mix of above-average living space and assessed value, within a neighbourhood where older character homes dominate. It isn't the largest lot on the block, but it's not cramped either. The numbers suggest a solid, well-maintained home that compares favourably against both nearby and citywide benchmarks.
Suitable for: Buyers who want a home with good space and value retention in a mature neighbourhood. It would likely appeal to those who appreciate older construction (1940s character) but don't want a fixer-upper. Families or professionals looking for a stable, established area with above-average property values may find it a good fit. It may be less suitable for someone seeking a newer build or a large lot.
Frequently Asked Questions
1. How does this home compare to others on Wildwood A Park?
It ranks in the top 13% for assessed value and top 20% for year built. Living area is top 30%, but land area is closer to average (top 60%). So it's one of the higher-value homes on the street, with more living space than most, but not an oversized lot.
2. Is the assessed value of $566,000 reasonable?
Yes, relative to comparable homes. It's well above the street average ($499k) and slightly above the neighbourhood average ($568k). Citywide, it's in the top 11% of all comparable properties, which suggests strong value retention.
3. How does the 1947 build affect things?
While older than the average home citywide, 1947 is actually newer than most homes on this street (average 1948) and in the neighbourhood (average 1950). In Wildwood, older construction is the norm, so this home is on the newer side for the area—not a drawback here.
4. Is the lot size a concern?
At 7,198 sqft, it's slightly smaller than the street average (7,787) and neighbourhood average (9,032). However, it's still above average citywide. If you're expecting a large yard by local standards, this isn't it. But for most buyers, it's a typical, usable city lot.
5. Why is the assessed value high relative to the neighbourhood average?
The home's assessed value is $566k, while the neighbourhood average is $568k—so very close. The standout is the street-level comparison, where the average is lower ($499k). This likely reflects a mix of homes on Wildwood A Park, while this particular property is among the higher-value ones. Citywide, it's clearly above average, which points to a desirable location and solid property condition.