Property Overview & Key Characteristics
This well-situated one-storey home in Fairfield Park offers a practical and comfortable living arrangement on a generous 5,630 sqft lot. Built in 2007, it is notably newer than most homes on its street and across Winnipeg, suggesting modern construction standards and potentially lower immediate maintenance. The home features a renovated basement and an attached garage.
Its primary appeal lies in its balance of space, modernity, and location. The lot size is well above average for the street, offering ample outdoor space in a mature neighbourhood. While the living area is a comfortable 1,292 sqft, the significant value is in the updated basement, which expands usable space. The property’s assessed value places it among the higher-tier homes locally, indicating a solid investment in a desirable area.
This home would suit a buyer looking for a move-in ready, single-level layout—ideal for downsizers, small families, or those seeking accessibility. It also appeals to value-conscious buyers who prioritize a large, private yard and a home that stands out for its newer age in an established community, without the premium of a brand-new build.
Frequently Asked Questions
Q: How does the age of this home compare to others nearby?
A: Built in 2007, this home is newer than approximately 96% of the houses on its street and 84% of homes in Winnipeg, offering more contemporary features than many in mature neighbourhoods.
Q: Is the lot size typical for the area?
A: No, the 5,630 sqft lot is a standout feature. It ranks in the top 24% for size on Wayfield Drive, providing more outdoor space than most direct neighbours.
Q: What does the "renovated basement" include?
A: While specific finishes aren’t detailed, a renovated basement typically means it is finished as legal living space, adding functional square footage for recreation, guests, or a home office.
Q: The assessed value seems high for the street. What does that mean?
A: The assessment of $470k is in the top 6% on the street. This often reflects the home’s condition, updates, lot size, and newer age compared to neighbours, signaling a premium property in the immediate area.
Q: Who might this property not suit?
A: Buyers seeking a very large main-floor living area or a brand-new home with the latest open-concept layouts may find the 1,292 sqft footprint more modest. It’s best for those who value lot size and a renovated basement over expansive main-floor square footage.