Property Overview: 197 Wayfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fairfield Park presents a practical and modern living opportunity. Built in 2007, it is notably newer than most homes in Winnipeg, which typically translates to fewer immediate concerns with major aging systems and potentially more contemporary interior layouts. The home features a renovated basement and an attached garage, with a comfortable 1,717 sqft of living space.
Its primary appeal lies in its balance and condition. While the lot size is slightly smaller than others on the street, the home itself is well-sized and modern, having been built in a year that ranks among the newest in the immediate area. The recent sale in late 2024 suggests a market-tested value. This property would suit buyers looking for a move-in-ready home without the unpredictability of an older structure—ideal for young families or professionals who prioritize low-maintenance living and modern amenities over a sprawling yard. It’s a solid, above-average offering city-wide that provides a sensible foothold in a stable neighbourhood.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is below average for Fairfield Park, the home’s living space is efficiently configured. This may mean smaller outdoor maintenance, which could be a benefit for some, but less private yard space compared to neighbours.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify during a viewing to understand the quality and potential uses of the additional space.
3. Is the price fair for the area?
The home recently sold close to its assessed value, and its assessment ranks in the top 15% city-wide. This indicates the price is aligned with both municipal valuation and recent market activity in its tier.
4. How does the age of the home (2007) benefit a buyer?
A 2007 build is significantly newer than the Winnipeg city average (1966). This often means building materials, electrical, and plumbing systems are more modern, potentially reducing the need for near-term major updates.
5. What is the neighbourhood context?
Located on Wayfield Drive, the home sits among similar properties. Its assessed value and living area are both around the average for the street, meaning it fits comfortably within the existing streetscape without being an outlier in size or perceived value.