74 Wildwood E Park – Property Summary
Key Characteristics & Buyer Profile
This is a 1947-built home with 1,543 square feet of living space on a 7,197-square-foot lot. Its assessed value is $537,000. The property sits in the Wildwood E Park area of Winnipeg.
Where the appeal lies: The home ranks well above the citywide average for both living area and lot size — the lot places in the top 15% across Winnipeg, and the living area is in the top 28%. Assessed value is also strong citywide (top 14%). What stands out is that this is one of the older homes on its street (top 6% by year built), which may appeal to buyers looking for original character or a more established neighbourhood feel. At the same time, the living area is right around the street and neighbourhood average, so the home doesn't feel unusually large or small for its immediate area. The lot, though above average citywide, is slightly smaller than the typical Wildwood neighbourhood lot — so you get more land than most Winnipeg homes, but not necessarily more than your direct neighbours.
Who it suits: Buyers who want a moderately sized home on a good-sized lot in an established, walkable area. It may work especially well for someone who values proximity to the park (Wildwood E Park) and prefers a street that isn't overly uniform in age or style. Because the home is older, it likely suits someone open to updating or maintaining a postwar property. It's less ideal for buyers seeking a newer build or a very large lot relative to the immediate neighbours.
Frequently Asked Questions
1. How does this property compare to others on the same street?
On Wildwood E Park, this home ranks 13th out of 34 for assessed value (top 38%) and 19th out of 34 for living area (top 56%). It's the second-oldest home on the street. The lot is slightly below the street average, but still ranks 11th out of 34 (top 32%). So it's a solid, middle-to-upper-tier property on its street, with age working in its favour for character but limiting it for modern finishes.
2. Is the lot size considered large?
Citywide, yes — the lot is in the top 15% of Winnipeg homes. But within Wildwood, the average lot is 9,032 sqft, so this property's 7,197 sqft is below the neighbourhood norm. That means you get more land than most city properties, but less than many of your immediate neighbours.
3. Is the assessed value high for the area?
The assessed value of $537,000 is around average for the street (where the average is $515.6k) and slightly below the neighbourhood average ($568.2k). So it's priced competitively — not the cheapest, but not the most expensive in Wildwood. Citywide, it's well above average.
4. What's the neighbourhood like in terms of housing stock?
Wildwood is an established neighbourhood with homes mostly built in the late 1940s to early 1950s. This property is one of the older ones on its street, but still fits within the overall character of the area. The neighbourhood has a mix of lot sizes, with many homes sitting on generous parcels of land.
5. Would this property need major renovations?
That depends on its current condition, which isn't detailed here. The 1947 build date means the home has been standing for over 75 years. Buyers should expect typical older-home considerations: potential for outdated wiring, plumbing, insulation, or foundation work. The age alone doesn't guarantee problems, but a thorough inspection is strongly recommended — especially given the property's above-average value, which may reflect renovations already done, or simply the land and location.