Property Overview: 11 Willis Wyatt Place, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 11 Willis Wyatt Place in the Meadows neighbourhood presents a practical and competitively positioned offering. Built in 1987, it is one of the newer homes on its street, which may suggest updated building materials and systems compared to older stock. With 1,310 sqft of living space, it offers a comfortably sized layout that is very typical for the broader city, fitting the profile of a standard family home.

Its primary appeal lies in its value proposition. The assessed value is notably below average for the immediate street, which could indicate a more accessible price point in a established area. The lot, while smaller than others on Willis Wyatt Place, is close to the average size for the Meadows neighbourhood itself, offering manageable outdoor space.

This property would suit first-time buyers or practical-minded families looking for a home in a mature neighbourhood without a premium price tag. It’s a home that represents the middle of the market—not the largest or smallest, but one offering solid fundamentals. A thoughtful perspective is that its "average" metrics across the city might translate to easier future resale, as it aligns with widespread buyer expectations. The recent sale history suggests steady market interest.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value is for municipal tax purposes. The home's assessed value is below average on its street, but recent sold prices (2017, 2019) indicate market values have historically been higher. Always rely on a current market evaluation.

2. What does it mean that the lot is "below average" for the street?
The lot size of 5,486 sqft is smaller than most direct neighbours. This could mean less backyard space but also less maintenance. It is, however, very close to the average lot size for the wider Meadows area.

3. How does the age of the home (1987) affect things?
Being built in 1987 places it in an era of modern construction standards. Key components like the roof, windows, or major systems may be due for inspection or updates based on their lifecycle, but the structure itself is not considered historical or obsolete.

4. The data shows sold price ranges, not exact figures. Why?
Exact sold prices in Manitoba are not publicly posted online. The ranges provided are estimates based on public data. You can request the exact historical sold prices from the listing service via email for precise figures.

5. The living area is ranked "around average" in every category. Is that a good thing?
It indicates the home's size is neither a standout feature nor a drawback. It fits the common template for the area, which can be positive for meeting typical buyer needs and for future comparables when you sell.