210 Shore Street

Property Overview: 210 Shore Street, Fairfield Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated cabover home in Fairfield Park offers a practical and modern living space. Built in 2006, it is a notably newer construction compared to the average Winnipeg home, suggesting contemporary building standards and potentially lower immediate maintenance needs. The 1,362 sqft living area is comfortably sized, fitting right around the city-wide average, and features a renovated basement that adds functional space. The attached garage and a decently sized 4,799 sqft lot round out the key features.

The primary appeal lies in its balance and positioning. It presents as a move-in-ready, low-hassle property in a mature neighbourhood. The assessed value of $430k is significantly lower than most homes on its own street and in Fairfield Park, which could indicate a more accessible entry point into this area. This combination of a newer home with a below-average assessment for its immediate locale makes it a compelling value-oriented proposition. It would suit first-time buyers seeking a modern home without a premium price tag, or practical-minded downsizers looking for a newer, manageable property in an established community.

A less obvious perspective is its "middle-ground" stature. It isn't the largest or most valuable home on the block, which can mean lower property taxes relative to neighbours and a sense of unpretentious comfort. Its appeal is in its solid fundamentals rather than luxury finishes or size.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on Shore Street?
While the exact methodology is not public, assessments are based on market value and comparable sales. This home's value ranking suggests it may be more modest in size, features, or recent sale history compared to its immediate neighbours, which can be an advantage for a buyer seeking value.

2. What does "cabover" building type mean?
A cabover design typically features a second story that extends over part of the ground floor, often above the garage. This can allow for more efficient use of a smaller lot footprint, providing good interior space.

3. How does the living space compare to the area?
At 1,362 sqft, the living area is slightly below the average for Fairfield Park but aligns closely with the average home across Winnipeg. It offers a comfortable amount of space that is efficient and likely easier to maintain than larger, older homes in the neighbourhood.

4. The home sold in 2021 for $41,500. Is that the current price?
No. The listed sale from 2021 appears to be an outlier, potentially reflecting a non-arms-length transaction or unique circumstance. The current assessed value of $430k is the relevant figure for understanding its municipal valuation in the current market.

5. Is the lot size a limitation?
The lot is smaller than the Fairfield Park average but is very close to the average for Shore Street itself. It provides standard backyard space for a city home. For buyers prioritizing lower outdoor maintenance or a newer home over a vast yard, this is a typical trade-off.