Property Overview: 732 Wayoata Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1963-built, one-storey home in Kildare-Redonda offers a practical and grounded opportunity. Its primary appeal lies in a well-proportioned package: a 1,047 sqft living space paired with an above-average 6,162 sqft lot for the area, providing a balance of comfortable indoor space and generous outdoor potential. The home features a renovated basement, adding valuable finished living area. While it lacks a garage or pool, its assessed value is positioned squarely in the mid-range for the neighbourhood, suggesting a manageable entry point into the market.
The home’s standout characteristic is its land size. The lot ranks in the top 16% on its own street and the top 11% within Kildare-Redonda, offering rare space for gardening, expansion, or simply more privacy in a mature area. This makes it particularly suited for first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space, or for a long-term buyer who values the future potential of the land itself as much as the current structure. Its appeal is pragmatic—it’s a home that offers more room to grow out than up, in a neighbourhood where that is becoming less common.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
At 1,047 sqft, the living area is above average for both its immediate street and the broader Kildare-Redonda neighbourhood, but is around the citywide average. It’s a comfortably sized home for the area.
2. What is the significance of the lot size?
The 6,162 sqft lot is a key feature. It is substantially larger than most comparable lots on the street and in the neighbourhood, ranking in the top 11-16% locally. This offers more outdoor space than is typical.
3. What can the sold price history tell me?
Public data indicates a sale in December 2016 in the range of $215,000-$245,000. For the precise historical sold price, you can request the exact figure via email from the listing source.
4. Who might this property not suit?
Buyers requiring an attached garage, modern construction, or a very large interior footprint may find this home less suitable. Its strengths are in its lot size and location rather than high-end finishes or extensive upgrades.
5. Is the assessed value a reliable indicator of the market price?
The assessed value of $30,300 is a municipal calculation for tax purposes and is typically lower than market value. It serves as a useful benchmark, showing the home is positioned in the middle of the pack for the area, but the final sale price will be determined by current market conditions.