Property Overview: 185 Wayfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Fairfield Park offers a practical and modern living space. Its key characteristics include 1,534 sqft of living area, a renovated basement, an attached garage, and a 2007 build date, making it a relatively newer property in the Winnipeg context. The lot is a manageable 5,204 sqft.
The appeal lies in its balance and efficiency. While the living space is slightly below average for the immediate neighbourhood, it is above average city-wide, suggesting a smart use of space without excessive upkeep. The 2007 construction is a significant advantage, placing it among the newest homes on its street and reducing concerns about major aging components. The renovated basement adds immediate functional space. Its assessed value positions it as a strong value proposition within the city.
This property would suit first-time buyers or downsizers seeking a modern, single-level layout with move-in-ready condition. It’s also a pragmatic choice for value-focused buyers who prioritize newer construction and city-wide equity over having the largest lot or home on the block. The data suggests it offers more modern amenities than a typical Winnipeg home, but without the premium price tag of a brand-new build.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
While the living area is slightly below the average for Fairfield Park, it is actually above the average for the entire city of Winnipeg. This indicates a efficiently designed space that is still generous compared to many other homes.
2. What does the 2007 build year mean for me?
Built in 2007, this home is among the newest on its street (top 4%) and well above the city’s average home age. This typically translates to newer major systems (like plumbing, electrical, and HVAC), modern building materials, and potentially lower immediate maintenance costs compared to older homes.
3. Is the assessed value a good indicator of the sale price?
The last sale was in October 2022 for $56,600. The current assessed value is $55,100. While assessed value is for municipal taxation and not a direct market appraisal, this close alignment suggests stable municipal valuation. Market conditions and property updates will ultimately determine the sale price.
4. What is the neighbourhood context for this property?
The data shows the home’s metrics (like value and land size) are generally around the average for Fairfield Park. This suggests it fits comfortably within the neighbourhood’s profile, neither an outlier nor underperforming, which can be positive for long-term value consistency.
5. Who might this property not suit?
Buyers seeking a very large lot or the most spacious home in the immediate area may find it limiting. Similarly, those looking for a character home or a fixer-upper project would not find that here, as it represents a more modern, turn-key product.