Property Overview: 214 Shore Street, Fairfield Park, Winnipeg

Key Characteristics & Appeal

This two-storey home at 214 Shore Street presents a compelling blend of modern convenience and established neighbourhood character. Built in 2008, it is a notably newer construction compared to many Winnipeg homes, suggesting updated building standards and less immediate need for major system overhauls. The 1,748 sqft living area is spacious, ranking well above average for its immediate street and the city overall. A key feature is the renovated basement, which adds valuable finished space and flexibility. The property includes an attached garage and sits on a standard-sized lot for the street.

Its appeal lies in its strong positional metrics. It consistently ranks in the top tiers for living space, assessed value, and age when compared to both its immediate neighbours and the wider city. This indicates a home that likely offers better-than-average finishes and condition for its market segment. The 2020 sale price suggests a history of solid value retention.

This home would suit practical buyers looking for a move-in-ready property without the quirks of an older build. It’s ideal for small families or professionals who value the space efficiency of a two-storey layout and the bonus of a finished lower level. Given its above-average metrics on a relatively modest lot, it particularly suits those who prioritize the quality and condition of the home itself over extensive outdoor space.

Frequently Asked Questions

1. How does the lot size impact this property?
While the land area is average for Shore Street, it ranks below average within the broader Fairfield Park neighbourhood. This means the yard space may be more compact than some in the area, but it also translates to less exterior maintenance.

2. What does the "above average" assessed value indicate?
A consistently high ranking for assessed value, especially city-wide, often reflects a combination of the home’s newer age, renovated condition, and desirable layout. It typically signals a property that has been maintained or improved to a standard that stands out to municipal assessors.

3. The home sold in 2020. What does that recent sale history mean?
A sale just four years ago provides a clear, recent market value benchmark. For buyers, it creates a solid reference point for price trends and market activity on this specific street, offering more context than older sales data.

4. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not mention a separate entrance or kitchen facilities. Buyers should clarify with the listing agent whether the renovation created a legal secondary suite or simply a finished recreational and living space.

5. How does being a newer home in an older neighbourhood affect value?
A 2008 build in a neighbourhood with many older homes is often a double advantage. It offers modern construction while benefiting from the mature landscaping, established community feel, and proven desirability of the existing area. This can provide a balance of contemporary living and neighbourhood stability.