Property Overview

This home at 106 Woodydell Avenue presents a compelling opportunity in Winnipeg's Vista neighborhood. Its primary appeal lies in offering above-average space and value within its immediate context. With 1,389 sqft of living area, it ranks in the top 5% on its own street and top 14% within the Vista community, providing more room than most comparable local homes. This is complemented by a generous 7,055 sqft lot, which is consistently larger than average across street, neighborhood, and city comparisons.

The property’s assessed value for taxes is $416,000, placing it in the top 4% on Woodydell Avenue. This indicates it is viewed as a higher-value home on its block, which can be a double-edged sword—suggesting good quality or updates, but also resulting in a proportionally higher tax bill. Built in 1973, its age is typical for the area, meaning buyers should expect the maintenance common to homes of that era while also recognizing the potential for well-established landscaping and mature neighborhoods.

This home would best suit practical buyers who prioritize indoor and outdoor space over a brand-new build. It’s ideal for a growing family or someone who values a larger lot in a settled community. The numbers suggest it’s a “big fish in a small pond” on its street, offering standout metrics locally that moderate to average when viewed city-wide. A thoughtful buyer might see this as a chance to own a leading property on the block without the premium of a top-tier city-wide location.

Frequently Asked Questions

1. How do the rankings (e.g., "top 5% on the street") actually benefit me as a buyer?
These rankings contextualize the home's key features against immediate neighbors and the wider area. For example, ranking highly for living space on your street suggests you're less likely to feel cramped compared to nearby houses, which can contribute to long-term satisfaction and resale appeal within that micro-market.

2. The assessed value is high for the street. Will my property taxes be significantly higher?
Yes, likely. Since property taxes are based on this assessed value, your tax bill will probably be higher than the average home on Woodydell Avenue. It’s advisable to budget for this and understand what municipal services or community amenities justify the valuation in this area.

3. The home was built in 1973. What should I be prepared for?
While the age is standard for the neighborhood, you should plan for potential updates to major systems like plumbing, electrical, roofing, and windows. A thorough home inspection is crucial. On the positive side, homes from this era often feature solid construction and larger room sizes compared to some newer builds.

4. The lot size is a standout feature. What are the potential uses and responsibilities?
A lot of over 7,000 sqft offers great potential for gardening, recreation, expansions, or adding a shed. However, it also means more yard maintenance—more grass to cut, garden beds to manage, and possibly higher water costs for irrigation. Check local bylaws for any restrictions on fencing or outbuildings.

5. The home ranks well locally but closer to average city-wide. What does this mean for future value?
This profile suggests the home's value may be more tightly linked to the desirability and performance of the Vista neighborhood and Woodydell Avenue itself, rather than broader city trends. Its appeal is as a strong contender in its specific area, which can be stable, but its market movement may not mirror that of homes in the city's absolute top-tier districts.