Property Overview: 46 Wayfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fairfield Park is a practical and well-sized family property. Built in 2007, it is notably newer than most Winnipeg homes, offering modern construction standards without the premium of a brand-new build. With 1,781 sqft of living space and an attached garage, it provides solid, functional space. The lot size of 5,509 sqft is generous for its immediate street, offering good outdoor potential.
Its primary appeal lies in its balanced, middle-ground positioning. It’s not the largest or most expensive home on the block or in the area, which can represent good value for a growing family seeking a stable neighbourhood. The data suggests it’s a home that outperforms city-wide averages for size and age, while being more modest within its own desirable community of Fairfield Park. This makes it a sensible choice for buyers who prioritize a newer build in an established area over a top-tier, renovated property. It would suit first-time move-up buyers or families looking for a long-term home with room to grow and personalize, especially those comfortable with a basement that is functional but not recently renovated.
A less obvious perspective is its potential as a "value anchor" in the neighbourhood. With an assessed value that is below the area average but a sale history showing strong appreciation, it may appeal to buyers with an eye on future equity growth as the area continues to develop.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for lot size and is among the newest homes on Wayfield Drive (top 4%). Its living space and assessed value are around the street average, positioning it as a solid, typical home for the street without being an outlier.
2. What is the neighbourhood of Fairfield Park like?
Fairfield Park is an established Winnipeg community. This home, built in 2007, is part of the newer construction within the area. The data shows homes here generally have larger lots and higher assessed values compared to the city-wide average, indicating a desirable, mature neighbourhood.
3. Is the basement finished?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential finishing or updates to make it a fully livable space, or be comfortable with it in its current state for storage and utilities.
4. What does the sale history indicate?
The home sold recently in December 2023 for $470k. Previous data shows a sale in 2016 for $42.30k, which likely reflects a significantly different market condition or property state. The 2023 sale price provides a clear, current benchmark for value.
5. How energy-efficient or maintenance-heavy might a 2007-built home be?
A home built in 2007 benefits from modern building codes for insulation and wiring compared to much older stock. However, it is now nearly 20 years old, so buyers should be prepared for the potential upcoming replacement or servicing of original components like the roof, HVAC system, or major appliances.