Property Overview: 878 Wayoata Street, Winnipeg
Key Characteristics & Appeal
This 720 sqft bi-level home at 878 Wayoata Street is a practical and affordable entry point into Winnipeg’s Kildare-Redonda neighbourhood. Its key characteristic is its relative modernity, being built in 1973, which makes it notably newer than most homes on its street and in the immediate area. The home features a renovated basement and a detached garage.
The appeal lies in its value-oriented positioning. With a living area smaller than the neighbourhood and city averages, it offers a manageable footprint with lower maintenance, both in terms of the interior and the modest 2,999 sqft lot. Its assessed value is consistently below area averages, suggesting a potentially lower property tax burden and an accessible price point. This isn’t a sprawling family home; instead, it suits first-time homebuyers, downsizers, or pragmatic investors looking for a straightforward, no-frills property. The recent basement renovation adds move-in readiness, while the newer build date compared to neighbours may imply fewer immediate major repairs.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 720 sqft of living area, this home is smaller than the average for Kildare-Redonda (966 sqft) and Winnipeg overall (1,342 sqft). On its own street, it is closer to the average, ranking in the top 63%.
2. Is the assessed value typical for the area?
No, the assessed value of $28,800 is below the average for both the Kildare-Redonda area ($31,500) and the city. On Wayoata Street itself, it is very close to the street average.
3. What is notable about the year it was built?
Built in 1973, this home is significantly newer than most on its block and in the Kildare-Redonda area, ranking in the top 2-4% locally. This can be an advantage regarding the potential age of major systems.
4. What was the last known sale price?
Public records indicate a sale occurred in October 2020 for an estimated price between $21,500 and $24,500. For the exact sale price, you can request the information via email from the listing source.
5. What are the lot details?
The lot is 2,999 sqft, which is below the neighbourhood and city averages. This means smaller outdoor maintenance but also limited space for expansions or large landscaping projects.