Property Overview

This single-storey home at 316 Reg Wyatt Way in Winnipeg's Grassie neighbourhood presents a practical and value-oriented opportunity. Built in 2008, its key appeal lies in a desirable combination of a modern build year, a generous lot size, and a recently renovated basement. At 1,439 sqft of living space, the home is moderately sized but sits on a notably large 7,190 sqft lot, offering ample outdoor space and future potential relative to many city and even local street comparisons. The attached garage and renovated basement add functional living space.

Its appeal is grounded in balance: it’s a newer home on a larger-than-average parcel, without the premium price often associated with such lots in newer subdivisions. The assessed value positions it as a solid value within the wider city context. This property would suit first-time buyers or downsizers looking for a manageable single-level layout, or practical investors and families who prioritize outdoor space and a modern foundation over having the largest house on the block. A thoughtful perspective is that while the living area is modest for the street, the significant lot size offers a rare commodity—room to grow, garden, or simply enjoy privacy that is harder to find in similarly priced, newer homes.

Frequently Asked Questions

1. How does the home’s size compare to the neighbourhood?
The living area of 1,439 sqft is slightly below the average for Reg Wyatt Way itself, but is very close to the average for the broader Grassie area and is actually above the average for the entire city. It’s a comfortably sized home, with the lot being its standout physical feature.

2. What does the assessed value tell us?
The assessed value of $50.20k suggests the home is priced below the average for its immediate street but above the citywide average. This often indicates a perceived value in its location and lot, making it a potentially more affordable option within this specific, newer streetscape.

3. Is the lot size a significant advantage?
Yes. The lot of 7,190 sqft ranks in the top 13% on Reg Wyatt Way and top 16% citywide. This is a substantial outdoor space for a home built in 2008, offering more privacy and versatility than typical newer subdivisions.

4. What is included in the "renovated basement"?
The listing confirms a renovated basement but does not specify the details of the renovation. This is a key point for a buyer to investigate to understand the quality, layout, and permits for this added living space.

5. How can I find out the exact historical sale price?
The exact sold price from its last sale in July 2017 is not publicly displayed in detail here. The listing service offers to provide the precise figure via email upon request, stating they aim to reply manually by the end of the same day.