868 Wayoata Street

Property Overview: 868 Wayoata Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, renovated bi-level home built in 1972, offering a practical and efficient living space. Its key features include 720 sqft of living area, a renovated basement, and a detached garage. The lot size is approximately 3,000 sqft.

The primary appeal lies in its value proposition and move-in readiness. The home presents as a well-maintained, modernized property within its category, avoiding the need for immediate major updates. Its assessed value is notably modest compared to city-wide averages, suggesting a potentially accessible entry point into the Winnipeg market.

This property would suit first-time homebuyers or downsizers seeking a low-maintenance, affordable home without sacrificing modern comforts. It’s also a pragmatic choice for an investor looking for a renovated rental property in a stable neighborhood. A less obvious perspective is its appeal to those valuing efficiency over square footage; the renovated space is designed for function, potentially offering lower utility and maintenance costs than larger, older homes in the same price range.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others?
At 720 sqft, the living area is below the average for both the Kildare-Redonda area and Winnipeg city-wide. However, on its own street, it ranks around the average, indicating the immediate neighborhood consists of similarly scaled homes.

2. What does the assessed value indicate?
The assessed value of $30,200 is around the average for the city but below average for the Kildare-Redonda area. This can sometimes suggest a more affordable entry point into a neighborhood, but it's essential to compare this to the current market listing or sale price.

3. Is the basement included in the living area square footage?
Typically, the listed "Living Area" (720 sqft) refers to above-grade space. The home features a renovated basement, which adds additional functional space but is usually not counted in the official living area calculation.

4. What is the significance of the lot size?
The lot is approximately 2,999 sqft, which is below average for the area and city. This means smaller outdoor maintenance, which can be a benefit for some, but may limit extensive gardening or large outdoor additions.

5. Where can I find the exact historical sale price?
The provided data shows a sold price range from July 2022. To obtain the exact sale price, you must request it directly from the source via the email option listed on the original detail page, as this information is not publicly displayed in full.