107 Wildwood D Park – Property Summary

Key Characteristics & Buyer Profile

This 1947 home sits on an 8,066-square-foot lot with 1,404 square feet of living space and an assessed value of $494,000. The lot size is the standout feature: it ranks in the top 11% city-wide in Winnipeg, and top 25% within the Wildwood neighbourhood. That means more outdoor space than most comparable homes in the area, without the premium of a newer build.

The living area is around average for the street, slightly below the Wildwood neighbourhood average of 1,657 square feet, but above the city-wide average for comparable homes. The assessed value is above average city-wide (top 21%) but slightly below the neighbourhood average, which suggests a relatively strong value relative to the cost of newer or larger homes nearby.

The 1947 build year gives it a different character than many homes in the city—most Winnipeg homes comparable in other ways were built in 1966 on average. That older construction often means solid materials, mature trees, and established landscaping, but may also mean older systems and finishes. The property ranks first on its street for age, and top 19% within the neighbourhood.

This home would suit a buyer who values a large, well-located lot over a move-in-ready interior. It could appeal to someone willing to update or renovate over time, or someone who wants more yard space than newer subdivisions typically offer. It’s less suited to someone looking for a turnkey home with modern finishes, or who prioritizes square footage over land.

Five Possible FAQs

1. Is this a good investment for the long term?
The lot size and location within Wildwood—an established neighbourhood with good city-wide value rankings—suggest reasonable appreciation potential. The below-average year built for the city doesn't hurt as much here because many nearby homes are also older. The assessed value being above the city average but below the neighbourhood average indicates it's priced competitively for the area.

2. What should I expect in terms of maintenance from a 1947 home?
Homes of this vintage often have original plumbing, electrical, and foundation elements that may need attention. You should budget for potential updates to wiring, insulation, and possibly windows or roofing. The upside is that many homes from this era were built with old-growth lumber and solid masonry, so the structural bones can be excellent if properly maintained.

3. How does the living area compare to other properties I might look at?
At 1,404 square feet, it’s slightly larger than the average on its street and city-wide, but smaller than the Wildwood neighbourhood average. If you’re comparing it to newer houses in the city, most are closer to 1,342 square feet on average, so you’re getting a bit more interior space than typical for Winnipeg as a whole.

4. What does “Top 11% city-wide for land area” actually mean in practice?
It means that out of roughly 194,000 comparable homes in Winnipeg, only about 21,000 have larger lots. Most homes in the city sit on about 6,570 square feet on average, so this property offers about 23% more land. That translates to a bigger backyard, more room for gardens, a workshop, or future expansion—depending on zoning and setbacks.

5. Is the neighbourhood considered desirable?
Wildwood ranks in the top 58% for living area and top 49% for assessed value within its own group of 377 similar homes. That’s middling within the neighbourhood itself, but the street ranks in the top 35% for value and top 25% for land. The area has mature trees, established schools, and is within reasonable distance of amenities. It’s not a high-end enclave, but it’s a solid, stable area with good bones and above-average lot sizes.