Property Overview: 208-670 Wayoata Street
Section 1: Key Characteristics & Appeal
This is an 800 sqft condo unit in Winnipeg's Kildare-Redonda neighbourhood, built in 2011. Its primary appeal lies in its modern build date and efficient use of space relative to its immediate area. The data shows the unit is newer than most comparable properties on its street and in the neighbourhood, ranking in the top 4% and 3% respectively for year built. This suggests less immediate concern for major system updates or wear-and-tear common in older builds.
The living space is above average for its local context but smaller than the typical Winnipeg home, positioning it as a manageable, low-maintenance option. The assessed value is consistent with the local market average. This combination suits practical, value-conscious buyers such as first-time homeowners seeking a modern entry point, downsizers looking for a newer, manageable property without high condo fees (implied by the building type), or investors attracted to a relatively recent build in a stable-value area. Its appeal is more about pragmatic efficiency and modern fundamentals than luxury or size.
Section 2: Frequently Asked Questions
1. What are the condo fees, and what do they cover?
The listing data does not include this critical information. Prospective buyers must request a full disclosure document from the seller or property manager to understand the monthly fees and what amenities or costs (e.g., building insurance, common area maintenance, reserve fund contributions) they include.
2. How does the "below average" city-wide size ranking affect value?
While the unit is smaller than the Winnipeg city-wide average home, its value is primarily driven by the local Kildare-Redonda market. Its above-average size for the neighbourhood is more relevant for comparison and resale potential within the area.
3. The sold price history shows a range. What does that indicate?
The listed sale range (e.g., $14.5k–$17.5k in 9/2019) is based on public data estimates. The exact sale price is held in private land title records. The range indicates market activity but should be verified for precise valuation history.
4. The unit has no basement. How does that impact storage or utilities?
The listing specifies "Basement: No," meaning this is likely a suite within a larger building without private basement storage. Inquire about the availability and location of any dedicated storage lockers or common areas for residents.
5. The assessed value seems low. Does this mean property taxes are very low?
Yes, the municipal assessed value ($17,500) is the basis for calculating property taxes. While taxes will be comparatively low, always confirm the exact annual tax amount with the listing agent or city records, as the final tax bill incorporates the municipal mill rate.