Property Overview: 788 Wayoata Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kildare-Redonda offers solid, above-average fundamentals for its immediate area. With 1,047 sqft of living space and a renovated basement, it provides practical, single-level living. Its standout feature is its financial profile: the home boasts an assessed value in the top 5-6% of its neighbourhood, significantly higher than area averages, suggesting it is a well-maintained or improved property in its peer group. This is complemented by a larger-than-average lot for the street and area, offering valuable outdoor space.
The appeal lies in its strong positional value within a established community. It suits a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who prioritizes a move-in ready footprint (with the basement work already done), a generous yard, and a property that holds a standout assessed value in its locale. It represents a chance to own a home that metrics indicate is a leading property on its street and in Kildare-Redonda, not just city-wide, which can be a marker of stability and pride of ownership.
Frequently Asked Questions
1. What does the high assessed value relative to the neighbourhood actually mean?
It typically indicates the municipal assessment recognizes the property as being in a better state of repair, with more improvements, or having other desirable attributes compared to most homes nearby. It’s a strong data point suggesting the home is a premium offering on its street.
2. Is the living space sufficient for a family?
At just over 1,000 sqft on the main floor, plus a renovated basement, it offers functional space for a small family or couple. The single-storey layout is efficient, and the basement adds crucial flexible space for recreation, office, or guests.
3. How does the lot size benefit me?
The lot is above average for both the street and the neighbourhood. This means more private outdoor space for gardening, play, or entertaining than many nearby properties, and potentially more future flexibility.
4. The home was built in 1963. What should I consider?
While the structure is from the 1960s, the renovated basement shows updates have been made. A standard inspection is key to understand the condition of major aging components like the roof, windows, and foundation, which are common focal points for homes of this era.
5. Why is the last sold price shown as a range?
The provided range is based on publicly available data. To receive the exact, verified sold price from the listing’s last sale in August 2023, you can request it via email from the site. This is a common practice to ensure accuracy and connect with interested buyers.