Property Overview: 98 Wilmot Place, Winnipeg

Key Characteristics & Appeal

This home at 98 Wilmot Place presents a compelling mix of space and value within Winnipeg's Mcmillan neighbourhood. Built in 1987, it offers a modern layout compared to many city-wide properties. Its primary appeal lies in its above-average living space of 1,472 sq ft, which places it comfortably within the top 10% of homes in both the local area and the wider city. This makes it a notably spacious option for the price point.

The property’s assessed value of $31,600 tells an interesting story: while it is below the average for its specific street, it sits above average for both the Mcmillan area and the entire city. This suggests you may get more interior space for your dollar here compared to many other Winnipeg homes, though it might be priced at a premium relative to its immediate neighbours. The home last sold between $300,000 and $350,000 in 2020.

This property would suit practical buyers looking for a well-sized family home without the maintenance concerns of an older century build. It’s ideal for someone who values interior square footage and modern construction within a established neighbourhood, and who is savvy about understanding value metrics beyond just their immediate block.

Frequently Asked Questions

1. Is this home a good value?
The data suggests a mixed picture. The home offers significantly more living space than most in Winnipeg and Mcmillan, which is a strong value indicator. However, its assessed value is higher than many area homes, meaning you are paying for that extra space and location.

2. What does the assessed value tell me about property taxes?
The assessed value of $31,600 is used to calculate your property taxes. While this value is above the city and area averages, it is below the average for Wilmot Place itself. This could result in a tax bill that is reasonable for the Mcmillan neighbourhood.

3. How does the 1987 build year affect the home?
A 1987 build means major components like the roof, windows, and heating system are likely within or approaching a typical renewal period. This offers a good balance—it’s newer than the city’s average home (1957), avoiding some antique home pitfalls, but a thorough inspection is wise to anticipate upcoming maintenance.

4. The home sold in 2020. What can that price tell me?
The 2020 sale price range ($300k-$350k) provides a historical benchmark. Market conditions have changed since then, so this is a starting point for research, not a current valuation. You can request the exact sold price from the site for more precise historical comparison.

5. How does this property compare to its direct neighbours?
The data shows a contrast. This home has more living space than the average on Wilmot Place, but a lower assessed value than its street neighbours. This could indicate a different layout, condition, or lot size compared to the houses right next door, highlighting the importance of a personal viewing.