Property Overview: 886 Wayoata Street, Winnipeg

Key Characteristics & Appeal

This 800 sqft, one-storey home on a 2,999 sqft lot presents a practical and affordable entry point into Winnipeg’s Kildare-Redonda neighbourhood. Its key appeal lies in its recent basement renovation and its status as one of the newer homes on its street, built in 1973. The property is notably compact, with living space below the area and city averages, which translates to lower utility and maintenance costs. It has no garage or pool, emphasizing a low-fuss lifestyle.

The home suits first-time buyers or downsizers seeking a manageable, single-level living space without a large yard to maintain. Its assessed value is modest and below broader area averages, suggesting a relatively lower property tax burden. A thoughtful perspective is that while the lot is smaller than most in the wider region, it is quite typical for its immediate street, offering a sense of neighbourhood consistency without the upkeep of a larger parcel. The 2019 sale price range indicates a history of affordability, making it a candidate for buyers focused on financial accessibility and simplicity over sheer size.

Frequently Asked Questions

1. Is the basement included in the 800 sqft living area?
Typically, the listed "Living Area" refers to above-ground, finished space. The basement is noted as renovated, but its square footage is likely separate. You should clarify the basement's size, finish, and ceiling height to understand the home's total usable space.

2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should assess on-street parking availability and consider the renovated basement as a potential solution for storage needs, factoring in the cost of alternative storage sheds or solutions.

3. The home is "newer" for the street, but what might a 1973 build require?
While newer than neighbours, a 53-year-old home will still have age-related considerations. A pre-purchase inspection is crucial to assess the condition of major systems like roof, plumbing, electrical, and the foundation, especially with a basement renovation.

4. The assessed value seems very low compared to the city average. Why?
The city-wide average includes all property types and sizes. This home's assessed value is proportionate to its smaller size and lot. The more relevant comparison is that it's around average for its own street, indicating it is priced in line with its immediate peer group.

5. What is the neighbourhood vibe in this part of Kildare-Redonda?
The very close proximity of similar homes on Wayoata Street suggests a tight-knit, established residential feel. Reviewing nearby amenities, traffic patterns, and the general upkeep of surrounding properties will give the best sense of the day-to-day living environment.