Property Overview: 206 Shore Street, Fairfield Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Fairfield Park home, built in 2008, offers modern convenience in an established neighborhood. Its key features include a renovated basement, an attached garage, and a practical 1,390 sqft layout. The appeal lies in its balance: it’s a newer construction compared to most homes in the city and on its street, which suggests updated building standards and less immediate need for major repairs. With a living area and land size (4,799 sqft) that are very typical for Shore Street itself, it fits seamlessly into its immediate surroundings.
The property would suit first-time buyers or downsizers looking for a move-in-ready, low-maintenance home without the premium often attached to brand-new builds. Its assessed value is notably higher than the citywide average for similar homes, which can indicate perceived stability or desirability, but it sits below the average for the broader Fairfield Park area. This positioning could appeal to a value-conscious buyer seeking entry into a neighborhood where other properties may be priced higher. A thoughtful perspective is that while the lot is smaller than many in Fairfield Park, it offers a manageable yard with less upkeep, aligning perfectly with a modern, efficient lifestyle.
Section 2: Frequently Asked Questions
1. How does this home compare in size to its neighbors?
At 1,390 sqft, the living area is very close to the average for Shore Street (approx. 1,450 sqft) but is smaller than the typical Fairfield Park home. It offers a comfortable size for the immediate locale.
2. What does the assessed value tell us?
The assessed value of $47.9k is above the citywide average for comparable homes. However, within the Fairfield Park neighborhood, it ranks below average. This suggests the property is in a desirable city area but may be priced accessibly within its more specific community.
3. Is the home relatively new?
Yes. Built in 2008, it is newer than 90% of the homes on Shore Street and 87% of homes citywide, indicating more contemporary construction and systems.
4. What was the previous sale history?
The home last sold in July 2016 for $380,000. This historical data provides context for market trends and price appreciation over time.
5. Is the lot size a constraint?
The lot is just under 4,800 sqft. It is smaller than many in the wider Fairfield Park area but is standard for Shore Street. It provides adequate outdoor space while minimizing maintenance demands.