Property Overview
This two-storey home at 1124 Fairfield Avenue is a modern, spacious property in Winnipeg's Fairfield Park neighbourhood. Built in 2018, it is one of the newest homes on its street. Its primary appeal lies in its generous 2,436 sqft of living space, which places it well above average for the area and in the top tier city-wide. The home features a renovated basement and an attached garage. The lot is a comfortable 6,148 sqft, providing ample outdoor space while maintaining a manageable size for maintenance. A less obvious advantage is its established yet fresh position: as a newer build in a neighbourhood with older averages, it likely offers modern construction standards and systems without the uncertainties of a brand-new development area.
This property is ideally suited for buyers looking for move-in-ready, modern space without sacrificing yard size. It would particularly appeal to growing families who need multiple bedrooms and living areas, or professionals who desire a home office and room to entertain. The strong assessed value, ranking in the top percentiles for the street and city, indicates a solid investment in a desirable location.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
It is significantly larger than average. With 2,436 sqft, it ranks in the top 14% on Fairfield Avenue and the top 3% across the entire city of Winnipeg.
2. What does the assessed value ranking mean?
An assessed value in the top 4% on its street and top 3% city-wide suggests the property is officially valued much higher than most, often reflecting its desirable characteristics, modern build, and location.
3. Is the neighbourhood established or newly developed?
Fairfield Park is an established area, but this home is a relative newcomer. Being built in 2018, it is newer than most homes on the street (where the average year built is 2003) and in the wider neighbourhood.
4. What was the last sale price?
The property last sold in April 2021 for $661,000. This historical data can be a useful reference point when considering current market value.
5. What are the nearby properties like?
The immediate neighbours on Fairfield Avenue are similarly sized lots with homes of varying ages. The provided comparable listings with similar assessed values are located in other neighbourhoods like Ridgedale and Elmhurst, indicating this home's value is competitive across several desirable Winnipeg communities.