Property Overview: 47 Willowood Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 47 Willowood Road in the Leila-Mcphillips Triangle neighbourhood presents a compelling mix of value and established comfort. Built in 1988, it's a well-situated property on a generous 7,159 sqft lot. With 1,555 sqft of living space, it offers above-average roominess compared to the typical Winnipeg home, though it is somewhat more modest in size compared to its immediate street neighbours.

The primary appeal lies in its strong value proposition. The home's assessed value ranks consistently above average for its neighbourhood and the wider city, suggesting it is viewed favorably relative to its peers. This is reinforced by its sale in the $550k-$600k range in 2023. It suits practical buyers looking for a solid, move-in-ready home in a mature neighbourhood without paying a premium for the largest house on the block. It's an ideal fit for small families, downsizers, or first-time buyers seeking space and stability who appreciate that the property holds its own in broader comparisons, even if it isn't the standout on its specific street.

A thoughtful perspective: this property may represent a "sweet spot" for buyers wary of both the maintenance of much older homes and the premium prices of new builds. Its above-city-average rankings for lot size and assessed value indicate you're acquiring a well-grounded asset in the wider market, offering a sense of security and potential for personalization on a sizable lot.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others nearby?
While its living area is above the Winnipeg city average, it is slightly below the average for homes on Willowood Road itself. This means you get a spacious home by general standards, but it may be one of the more modest floor plans on this particular street.

2. What does the assessed value ranking tell me?
The assessed value ranks in the top 22% on its street and top 13% in the Leila-Mcphillips Triangle, which is significantly strong. This indicates the municipal assessment views this property as a higher-value asset compared to many around it, which can be a positive signal for its underlying worth.

3. When was it last sold, and for how much?
The home was sold in 2023. The public price data shows a range of CA$550,000 to $600,000. For the exact sale price, you can request the information directly via the provided email service.

4. Is the lot size a good feature?
Yes. At over 7,000 sqft, the lot size is above the Winnipeg city average and provides ample outdoor space. It is a typical size for the local neighbourhood, offering a standard suburban yard for gardening, play, or entertaining.

5. What is the neighbourhood like for this property?
It is located in the established Leila-Mcphillips Triangle area. The nearby properties listed are all close on the same or adjacent streets, suggesting a quiet, residential setting with detached homes. The year-built data for the area shows a concentration of homes from the late 1980s to early 1990s.