Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Wayoata Street): Below Average. Ranked #24 out of 24 (Bottom 0%). The street average for comparable homes is 796 sqft.
Neighborhood Level (Kildare-Redonda): Below Average. Ranked #35 out of 36 (Bottom 3%). The neighborhood average for comparable homes is 798 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #23,175 out of 26,841 (Bottom 14%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Wayoata Street): Below Average. Ranked #24 out of 24 (Bottom 0%). The street average for comparable homes is 188.6k.
Neighborhood Level (Kildare-Redonda): Below Average. Ranked #24 out of 36 (Bottom 33%). The neighborhood average for comparable homes is 174.0k.
Citywide Level (Winnipeg): Below Average. Ranked #20,517 out of 26,841 (Bottom 24%). The citywide average for comparable homes is 276.9k.
Street Level (Wayoata Street): Above Average. Ranked #1 out of 24 (Top 4%). The street average for comparable homes is 2011.
Neighborhood Level (Kildare-Redonda): Above Average. Ranked #1 out of 36 (Top 3%). The neighborhood average for comparable homes is 1994.
Citywide Level (Winnipeg): Around Average. Ranked #7,177 out of 26,841 (Top 27%). The citywide average for comparable homes is 1990.
Kildare-Redonda market pulse
How to read: Share of sales in each ~$50k price band for “kildare-redonda” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
112-670 Wayoata Street — 10 amenities found within 500 m, across 3 categories, including 2 education (nearest 225 m), 1 shopping (nearest 195 m), 7 parks (nearest 137 m).
Crime & safety
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Related homes
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Address · Year Built · Living Area
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Similar assessed value
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Is this home right for you?
Property Overview
This is a 700 sqft condo unit at 112-670 Wayoata Street in Winnipeg's Kildare-Redonda neighbourhood. Built in 2011, it presents a specific value proposition centered on modern construction within a very affordable price range.
Key Characteristics & Appeal
The primary appeal of this property is its combination of relative newness and low financial barrier to entry. Built just 15 years ago, it is among the newest units on its street and in its immediate area, which suggests potentially fewer major maintenance concerns in the near term compared to older builds. However, at 700 sqft, the living space is notably compact, ranking below average for similar properties locally and city-wide.
Its assessed value of $15,800 is very low, placing it in the most affordable tier on its street and well below the Winnipeg average. This creates an opportunity for first-time buyers, investors, or those on a fixed income seeking a modern, low-maintenance housing option with minimal property tax liability. The recent sale in June 2024 for an estimated $16.5k-$19.5k confirms its position in this ultra-affordable market segment.
This unit would suit a very budget-conscious buyer whose priority is modern building systems over space, or an investor looking for a low-cost entry into the rental market. It's less suited for those requiring room to grow or who prioritize square footage.
Frequently Asked Questions
1. What does the "below average" ranking for living area mean in practical terms?
It means this 700 sqft unit is smaller than most comparable condos in Winnipeg. Buyers should be comfortable with a compact, efficient layout typical of a smaller one-bedroom or large studio configuration.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects a combination of the unit's small size, its condo format (which includes shared building costs), and its specific market position. It indicates very low property taxes, which is a key ongoing cost benefit.
3. The unit is newer, but how does the condo structure affect maintenance?
While the 2011 build date suggests newer interior systems (like plumbing and electrical), any major repairs to the building's exterior, roof, or common elements would be governed by the condo corporation's reserve fund and managed through monthly fees.
4. Are the nearby listed properties at the same address comparable?
Yes, the several other units listed at 670 Wayoata Street are likely in the same building or complex, making them direct comparables. Reviewing their specifics can give a clearer picture of this building's value range and unit variations.
5. How should I interpret the sold price range from June 2024?
The provided range ($16.5k-$19.5k) is an estimate from public data. For exact sale price history—crucial for making an informed offer—you must request the precise figure from the site via email, as they manually verify this data.