Property Overview
This 800 sqft, one-storey home at 902 Wayoata Street in Winnipeg's Kildare-Redonda neighbourhood presents a practical and affordable entry point into homeownership. Built in 1973, it is notably newer than most homes on its street and in the immediate area. The home features a renovated basement and a detached garage. Its key metrics tell a story of a modestly-sized property that stands out for its relative modernity in a community of older homes, while its assessed value positions it as a below-average financial commitment for the city.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of recent updates and manageable scale. The renovated basement adds functional living space, a valuable asset in a smaller home. Its standout characteristic is its age; being built in 1973 makes it a significantly newer construction compared to its direct neighbours, which could imply fewer immediate concerns with aging core components found in much older Winnipeg houses.
This home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout without a large yard to manage. It’s also a sensible fit for an investor looking for a straightforward rental property in a stable, established neighbourhood. The below-average assessed value for the city suggests property taxes may be relatively manageable, a key but often overlooked factor in long-term affordability. While the living and land space are compact, this translates to less upkeep and lower utility costs, aligning with a pragmatic, cost-conscious lifestyle rather than one seeking ample room for growth.
Frequently Asked Questions
1. How does the age of this home (1973) compare to others in the area?
It is notably newer. Data shows it ranks in the top 2% on its street and top 4% in the Kildare-Redonda area for year built, meaning it is one of the most recently constructed homes in the local context.
2. What does the "below average" assessed value mean for a buyer?
The assessed value is below the average for the street, neighbourhood, and city. This typically correlates with lower municipal property taxes, which is a recurring annual saving. It also generally indicates a more affordable purchase price point.
3. Is the living space smaller than typical?
At 800 sqft, it is slightly below the average for its immediate street and more notably below the Winnipeg city average. This confirms it is a compact home, best suited for individuals, couples, or small families who prioritize efficiency over spaciousness.
4. What is the significance of the renovated basement?
In a one-storey home of this size, a finished basement effectively doubles the usable living area. It provides crucial space for a family room, home office, or additional storage, significantly enhancing the functionality of the property.
5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed in the listing data. You can request it directly via the email link provided on the listing page; the service commits to providing the accurate figure without using your email for unsolicited marketing.