Property Overview: 10 Willis Wyatt Place, Winnipeg

Key Characteristics & Appeal

This home at 10 Willis Wyatt Place in the Meadows neighbourhood presents a solid, middle-of-the-road opportunity. Built in 1987, it is notably newer than many homes on its street and across Winnipeg, which can be appealing for buyers wary of the maintenance issues common in older properties. With 1,258 sqft of living space, it offers a practical layout that is very typical for its area, neither exceptionally large nor small.

The property’s standout feature is its lot. At 6,122 sqft, the land area is significantly above average for the Meadows neighbourhood and the city, providing generous outdoor space for gardening, recreation, or future expansion—a valuable asset that isn't immediately obvious from the living area alone. The assessed value is consistent with the local area, suggesting the property is priced in line with its immediate market.

This home would suit a practical, value-conscious buyer—perhaps a young family or a downsizer—who prioritizes a established neighbourhood with larger lot sizes over a brand-new build. Its appeal lies in its balance: it’s a newer home on a mature street with a yard that offers more potential than many modern lots. It’s not a standout in any single category but represents a stable, grounded choice in the market.

Frequently Asked Questions

1. How does the home’s age affect its condition and potential renovation needs?
While built in 1987, placing it in the newer tier for the city, a home of this age will likely have had several major components (like the roof, windows, or furnace) updated. A thorough inspection is recommended to determine the remaining lifespan of these systems and to identify any modernization needs, such as kitchen or bathroom updates.

2. What does the above-average lot size mean for me practically?
The larger-than-average lot provides excellent outdoor space and more privacy from neighbours. It also offers greater flexibility for potential additions like a deck, shed, or garage, and may be subject to different zoning bylaws regarding coverage. It’s a long-term asset that often appreciates independently of the house itself.

3. The assessed value seems low compared to the last sold price range. Why is that?
Manitoba property assessments for tax purposes are not intended to reflect current market value. They are based on a mass appraisal system and can lag behind rapid market changes. The sale price from 2019 and current listing prices of similar homes are more accurate indicators of today’s market value.

4. Is the living area sufficient for a growing family?
At 1,258 sqft, the living area is very close to the city-wide average. It typically accommodates 3 bedrooms and standard living spaces adequately. Families should consider the layout and room sizes specifically, as the efficient use of space is more important than the total square footage alone. The large lot can effectively extend living space outdoors in warmer months.

5. How can I get the exact historical sale price instead of the range shown?
The exact sale price is not public record in Manitoba. The provided range is estimated from available data. You can request the precise figure by emailing the listing service directly via the “Get exact sold price history” button. They provide this verified information manually as a courtesy service.