Property Overview: 23 Wayfield Drive, Winnipeg
Key Characteristics & Buyer Appeal
This 2006-built home in Fairfield Park offers a practical, move-in-ready foundation with room for personalization. Its key appeal lies in a balanced combination of space and lot size. With 1,782 sqft of living area, it provides above-average space citywide, while its 5,771 sqft lot is notably larger than most on its own street. The home includes an attached garage and a basement (not renovated), presenting a blank canvas for future finishing.
The property’s assessed value is positioned below average for its immediate neighborhood and street, which can signal an opportunity for value-conscious buyers. This could mean a more accessible entry point into a well-established area, with the potential to increase value through updates. The home is well-suited for first-time buyers or practical investors who prioritize solid square footage and a generous yard over high-end finishes. It’s ideal for someone comfortable with a home that is functional as-is but holds potential for gradual, value-adding improvements.
Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The assessed value is below the average for both Wayfield Drive and Fairfield Park, suggesting the property may be priced accessibly within its immediate area. However, it's above the citywide average, reflecting its desirable lot size and living space.
2. What does "basement, not renovated" imply?
It indicates the basement is unfinished or in its original state. This is a common feature in many homes of this age and provides a clean slate for future development to suit a buyer’s needs, adding potential living space and value.
3. How does the lot size compare?
The lot is a standout feature for the street, ranking in the top 18%. It offers more outdoor space than most direct neighbors, which is a significant advantage for gardening, play, or expansion.
4. What is the likely condition of a 2006-built home?
Built 20 years ago, the home is relatively modern, likely requiring only routine maintenance and cosmetic updates rather than major system overhauls common in much older properties. It represents a balance between established community maturity and contemporary building standards.
5. Who are the typical neighbors?
The provided comparable homes on Wayfield Drive are of similar age and value, indicating a consistent, established streetscape of single-family homes from the mid-2000s, appealing to a stable, residential community.