346 Wildwood H Park – Property Summary
Key Characteristics & Buyer Profile
This is a 1,148-square-foot home on a 7,005-square-foot lot, built in 1947, with an assessed value of $436,000. What stands out here is less about size and more about position. The property is on the older end, which can mean better original craftsmanship or a location in a more established part of the neighbourhood. The lot is modest compared to others on the same street, but above average citywide, so there’s reasonable outdoor space without being oversized.
The appeal is in value, not flash. Assessed value is below the street and neighbourhood averages, yet within a more balanced range citywide. That suggests the home may offer a lower entry point into an area where nearby properties are assessed higher. It’s not a top-tier home in any single metric, but it avoids extremes — a safe, practical option.
This property would suit a buyer who values a quiet, older street with mature surroundings and isn’t chasing maximum square footage. First-time buyers looking for a solid base, or someone wanting to renovate a home with decent bones in a stable neighbourhood, would likely find it a good fit. It’s less suited for someone who wants a newer build or a large lot.
Frequently Asked Questions
1. Is the property considered small for the neighbourhood?
Yes — the living area is below the street and neighbourhood averages (1,455 sqft and 1,657 sqft, respectively). It’s in the bottom 72% on the street and bottom 81% in the area. However, it’s around average citywide, so it’s not unusually small by Winnipeg standards.
2. How old is the home, and is that a concern?
Built in 1947, it’s one of the oldest homes on the street (top 3%) and in the neighbourhood (top 19%). Age can bring maintenance considerations — older plumbing, electrical, insulation — but also potential for character and solid construction. A thorough inspection is recommended.
3. What’s the lot size like compared to others?
At 7,005 sqft, the lot is below average on the street and in the neighbourhood, but above average citywide (top 17%). It’s compact for the area, so if you expect a large yard relative to neighbours, this may not deliver that.
4. Is the assessed value a good indicator of market price?
Assessed value ($436,000) is below the street and neighbourhood averages, but above the citywide average. It suggests the property may be priced more affordably relative to immediate neighbours, which could mean good value — or that it needs updates the market has already priced in.
5. How does the ranking system work?
Rankings compare this property to similar homes within three scopes: same street, neighbourhood (Wildwood), and citywide (Winnipeg). A higher rank (e.g., top 3%) means it outperforms more peers in that category. For living area, assessed value, and lot size, bigger is better. For year built, newer is better. Rankings are percentile-based, so “Top 72%” means it’s better than 28% of comparable homes.