82 Wildwood E Park – Property Summary
Key Characteristics & Buyer Profile
This is a 1,102 sqft home built in 1947, sitting on a 7,195 sqft lot. The assessed value is $468,000.
The property’s main strength is its lot size. Citywide, it ranks in the top 16% for lot size, meaning the yard is significantly larger than most comparable Winnipeg homes. The home itself is older than the city average (built in 1947 vs. 1966 citywide), but it’s actually one of the newer homes on its own street, ranking 2nd out of 34. The living area is below average both on the street and in the Wildwood neighbourhood, but right around average for the city as a whole.
The appeal here is less about a move-in-ready, spacious interior, and more about the land and location potential. A buyer who values outdoor space, gardening, or the possibility of future expansion or redevelopment would see the most value. This home may also appeal to someone looking for a solid entry point into an established Winnipeg neighbourhood, where similar-sized lots are harder to find. It’s less suited for someone who needs maximum square footage right away or wants a newer, low-maintenance property.
Five Possible FAQs
1. How does the lot size compare to other properties in Wildwood?
On its own street, the lot is around average (7,195 sqft vs. a street average of 7,413 sqft). But within the broader Wildwood neighbourhood, lots tend to be larger (average 9,032 sqft). So while this lot is generous citywide, it’s average for the immediate area.
2. Is the assessed value of $468,000 reasonable for this home?
Relative to the street and neighbourhood, the assessed value is around average. Citywide, however, it’s above average (top 25%), which reflects the larger lot size and the desirability of the area. The value is tied more to the land than the house itself.
3. What does the year built (1947) mean for maintenance or renovations?
A house this age will likely need attention to systems like electrical, plumbing, and insulation, unless they’ve been updated. The advantage is that it’s a known era of construction in Winnipeg, with solid framing and larger rooms typical of that period. Buyers should budget for a thorough inspection, especially for foundation and roof condition.
4. How does the living area affect the home’s functionality?
At 1,102 sqft, this is a smaller home by today’s standards and below the neighbourhood average. It would suit a couple, a small family, or someone willing to work with a compact layout. The larger lot does provide room for a potential addition later, but that would require permits and significant investment.
5. What kind of neighbourhood is Wildwood E Park?
It’s a well-established residential area in Winnipeg. Homes here are older, and the ranking data shows it’s not a high-turnover, cookie-cutter subdivision. The neighbourhood offers mature trees, larger lots, and a quieter feel. The below-average street rank for living area suggests many homes on this street are larger, so this property might be one of the more modest options in terms of footprint.