Property Overview: 107 Wayfield Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Fairfield Park presents a compelling blend of space, modernity, and value. Built in 2007, it is notably newer than most Winnipeg homes, offering contemporary construction and likely fewer immediate maintenance concerns compared to older properties. With 1,681 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a growing family or those who appreciate extra space.

The home’s appeal lies in its balanced profile. It features an attached garage and a full basement (unrenovated, presenting a blank canvas), all on a generous 6,289 sqft lot that is larger than most in its immediate area. The data suggests it is a solid, middle-of-the-road property for its specific street and neighborhood in terms of size and assessed value, but it stands out as above-average when viewed across the entire city. This positions it as a pragmatic choice: not the most extravagant on the block, but a home that offers more substance than many city-wide alternatives for the investment.

It would suit first-time buyers or young families looking for a move-in-ready, modern home without the premium of a brand-new build. The unrenovated basement is a key feature for buyers seeking potential to add value or customize extra living space according to their own tastes and timeline. It’s also a sensible fit for value-conscious buyers who prioritize a larger lot and newer construction over a fully updated interior.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The home is very typical for Fairfield Park in terms of living space and assessed value, ranking around the average. Its standout features within the neighborhood are its newer build year (2007, which is in the top 23%) and its larger-than-average lot size.

2. What does the “unrenovated basement” mean?
It indicates the basement is functional but finished in a basic state, likely with bare walls and standard flooring from when the home was built. It’s a clean slate, allowing the next owner to finish it to their own specifications, whether as a rec room, home office, or additional bedrooms.

3. The home sold recently in December 2023. What does that mean for the price?
The sale price of $510k provides a very current, real-world benchmark of the home’s market value, which is more relevant than the government’s assessed value for taxation purposes ($52.60k). This recent sale offers a transparent reference point for current valuation.

4. Is the lot size a significant advantage?
Yes. At over 6,000 sqft, the lot is larger than most on the street and in Fairfield Park. This provides more private outdoor space, better potential for gardening or additions like a deck or shed, and generally a greater sense of openness than tighter lots.

5. Who might this home not be suitable for?
It may not suit buyers seeking a fully updated, turn-key property where no projects are needed, as the basement presents an opportunity but also a future cost. It might also be less ideal for those prioritizing an elite, top-tier property within the immediate neighborhood, as its metrics are solidly average there, rather than exceptional.