368 Wildwood G Park – Property Summary
Key Characteristics & Appeal
This is a 1947 bungalow with 2,008 square feet of living space on an 8,844-square-foot lot, located in Winnipeg’s Wildwood G Park area. It’s assessed at $570,000.
The property stands out for its generous proportions across the board. The living area is above average at every level—street, neighbourhood, and citywide—ranking in the top 11% of comparable Winnipeg homes. The lot is also notably large: third-largest on its street, and in the top 9% citywide. This combination of a spacious interior and a deep, usable yard is increasingly rare in older, established neighbourhoods.
The assessed value ($570K) is above the citywide median but sits close to the neighbourhood average, suggesting the building’s condition and updates (not detailed here) are likely keeping pace with local standards, rather than lagging. The year of construction (1947) is older than the Winnipeg norm, which places it in the bottom quarter citywide, but it’s among the older homes on its own street—an indicator that the street may retain some original character.
Appeal lies in the rare overlap of space: a home that offers substantial indoor square footage and a large lot in a mature area where such sizes are becoming less common. This suits buyers who want room to spread out without moving to a newer subdivision. It would likely suit families needing both interior space and outdoor area, or buyers interested in a property with potential for additions, landscaping, or gardening.
Best for buyers who value space and privacy over a move-in-ready finished basement or a newer build. The house may require more upkeep than a newer home, but the land and location offer flexibility that many mid-century homes in the city lack.
Five Possible FAQs
1. How does the land size here compare to other homes in Wildwood?
The lot is above average for the neighbourhood (top 22%) and well above the citywide average. On its own street, only two homes have larger lots. For a 1947 property in a mature area, this size is a meaningful advantage—likely large enough for a garage addition, a big garden, or a playset without feeling cramped.
2. Why is the assessed value only slightly above the neighbourhood average when the living area and lot are larger?
Assessed value reflects a combination of factors: square footage, lot size, age, condition, and recent sales of comparable properties. While this home has more space than most on the street, its 1947 construction and potentially original features (like windows, plumbing, or mechanical systems) may temper the valuation. A fully renovated home of this size in the same area would likely be assessed higher.
3. What does “Top 76%” citywide for year built actually mean for resale?
It means the home is older than about three-quarters of comparable homes in Winnipeg. For a buyer, this isn’t necessarily a negative—many older homes in established areas hold their value well—but it does mean that a future buyer will consider age-related factors like insulation, wiring, and foundation. The ranking is a reminder to budget for potential upgrades, not a red flag.
4. Is the living area measurement for the main floor only, or does it include a finished basement?
The data provided doesn’t specify. In Winnipeg, listed “living area” typically refers to above-grade finished space, not basements. If this home has a finished basement, that square footage would be separate and could add considerable usable space. A buyer should confirm with their agent or a measurement report.
5. What does “Wildwood G Park” mean as a subdivision or neighbourhood designation?
“Wildwood G Park” appears to be a specific pocket within the broader Wildwood neighbourhood. With only 12 homes on this street, it’s a small cluster, which means comparables are limited. The street’s rankings suggest it’s a consistent area in terms of home sizes and values, but buyers should look at the neighbourhood-level data (377 homes) for a broader picture of the area’s character and price trends.