Property Overview
205 Wayfield Drive is a well-maintained two-storey home in Winnipeg's Fairfield Park neighbourhood. Built in 2007, it offers 1,826 sqft of living space with an attached garage and a renovated basement. The home sits on a 4,955 sqft lot.
Its primary appeal lies in its modern build year and above-average interior space for the city, offering a move-in-ready canvas with recent updates below grade. The property represents a solid, middle-ground option: it’s not the largest lot on its street, but it is newer than most homes in the wider area, potentially reducing immediate major repair concerns. It would suit practical buyers—perhaps young families or professionals—who prioritize interior space and modern construction over extensive outdoor space. It’s for someone seeking a comfortable home in a settled neighbourhood without the unknowns of an older property.
Frequently Asked Questions
How does the lot size compare?
The lot is smaller than many in both Fairfield Park and on Wayfield Drive itself. This could mean less yard maintenance but also less private outdoor space compared to direct neighbours.
Is the assessed value a reliable indicator of the likely sale price?
The current assessed value is $54.70k, but historical sale data shows it sold for $56.70k in 2021 and $44.80k in 2016. Market conditions, the renovated basement, and the home's condition will determine the final sale price.
What does "Top 4%" for Year Built on the street mean?
It means this home, built in 2007, is among the newest 4% of all homes on Wayfield Drive. This suggests the immediate street consists mostly of older homes, making this property a relatively modern exception.
Are there any notable trends in its sale history?
The home has appreciated in value between its 2016 and 2021 sales. This trajectory, while past performance is no guarantee, indicates it has held value in its market context.
How does the living area truly compare?
While the home’s square footage is above average for the city overall, it is more accurately described as spacious for its immediate street and about average for the broader Fairfield Park neighbourhood. This highlights its efficient use of space on a smaller lot.