Property Overview
225 Wayfield Drive is a well-maintained, cabover-style home in Winnipeg's Fairfield Park neighbourhood. Built in 2007, it features 1,484 sqft of living space, a renovated basement, and an attached garage on a 4,956 sqft lot.
Its primary appeal lies in its modern construction relative to the broader city, offering a move-in-ready home with recent updates. The property presents a practical value proposition: while its size is modest for its immediate street and area, it is newer than most Winnipeg homes and carries an assessed value that is strong citywide. This creates an interesting dynamic—it’s a contemporary, low-maintenance home in a neighbourhood of older properties, suited for buyers who prioritize modern systems and a renovated basement over maximum square footage.
This home would suit first-time buyers or downsizers seeking a modern, manageable property without the upkeep of an older home. It’s also a sensible fit for pragmatic investors or owners who value the specific advantages of newer construction (like updated electrical, plumbing, and insulation) within an established community.
Frequently Asked Questions
Is this a large home for the area?
No. The living space is below the average for both Wayfield Drive and the wider Fairfield Park area. Its appeal is more in its modern age and condition than in its size.
How does the assessed value compare?
The assessed value is around average for the street but is above average when compared to the entire city of Winnipeg. This suggests the property is valued favorably in the broader market context.
What does "newer than most homes" mean practically?
Built in 2007, this home is newer than approximately 87% of homes in Winnipeg. This typically translates to more modern building codes, materials, and systems, potentially reducing immediate repair costs.
How does the lot size impact the property?
The land area is below average for the local area. This means smaller yard maintenance, which could be a benefit for some, but may offer less private outdoor space than other homes on the street.
What is a "cabover" style home?
A cabover design features a second story that extends over part of the ground floor footprint. This often allows for more efficient use of a smaller lot while still providing two floors of living space.