Property Overview: 181 Wayfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fairfield Park is a solid, modern property built in 2007. Its key appeal lies in its balance of above-average citywide size and contemporary construction, paired with a manageable scale within its immediate neighborhood. With 1,748 sqft of living space, it offers more room than the typical Winnipeg home, and the renovated basement adds functional living area. The attached garage is a practical feature for the climate.
The home’s standout characteristic is its age; it is among the newest on its street (top 4%), which suggests modern building standards, likely newer mechanical systems, and less immediate need for major updates compared to older city stock. Its assessed value is strong citywide, but it sits around the average for Fairfield Park, potentially offering good value within this specific community.
This property would suit buyers looking for a move-in ready, modern family home without the premium often attached to brand-new builds. It’s ideal for those who want space but don’t need an oversized lot, as the land area is more compact than others in the area. It represents a pragmatic choice for professionals or growing families seeking a established neighborhood with newer home benefits.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It is newer than most, ranking in the top 4% for year built on Wayfield Drive. Its living space and assessed value are both around the street average, making it a very typical but more contemporary option in this specific location.
2. Is the assessed value a reliable indicator of the likely sale price?
The current assessed value is $54.40k. Notably, the home last sold in July 2017 for $46.70k. Market conditions have changed significantly since then, so the assessed value is a starting point for taxation, not a guaranteed sale price. A professional market evaluation is essential.
3. What does "renovated basement" typically mean here?
While specifics should be verified, in a 2007 home this usually indicates the basement has been finished into livable space (e.g., rec room, bedrooms, bathroom) post-construction, adding to the home’s functional square footage beyond the original build.
4. The lot seems smaller than others in Fairfield Park. Is that a concern?
The land area is below average for the neighborhood. This could mean less yard maintenance—a plus for some—but potentially less private outdoor space. It’s a trade-off that keeps the property scalable and may contribute to its efficient value within the community.
5. Who might this home not suit?
Buyers seeking a very large yard, those looking for a historic character home, or investors strictly targeting properties with below-average assessed values for their area might find better options elsewhere. It’s best suited for those prioritizing modern construction and interior space over expansive land.