Property Overview: 1136 Fairfield Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fairfield Park offers a balanced and above-average package for its market. Built in 2007, it presents a modern footprint without the unknowns of a much older property. With 2,097 sqft of living space and an attached garage, it sits on a standard city lot of just over 6,000 sqft. The home’s standout feature is its renovated basement, adding valuable finished space.
Its appeal lies in its strong positional value. The data shows this property consistently performs well against benchmarks. Its assessed value places it in the top 5% citywide and top 12% within the desirable Fairfield Park neighbourhood, suggesting a premium valuation for its location and condition. Recent sale history indicates steady appreciation. This isn't a quirky character home; it's a solid, contemporary family house that ranks highly for space and value within its competitive local context.
This home would suit practical buyers looking for a move-in-ready, low-maintenance property in a established neighbourhood. It’s ideal for growing families who need the space and appreciate the quiet of a residential avenue, or for professionals seeking a sound investment in a home that has consistently held and increased its value relative to the broader market.
Frequently Asked Questions
1. How does the property’s size compare to others?
At 2,097 sqft, the living area is above average for both the Fairfield Park neighbourhood and the city as a whole. It offers more space than approximately 91% of Winnipeg homes.
2. What does the assessed value ranking indicate?
An assessed value in the top 5% citywide and top 12% in the neighbourhood typically reflects a combination of desirable location, above-average home features, and market confidence in the area. It suggests the property is considered a premium offering within its category.
3. Is the sale history stable?
Yes. The home has sold four times since 2016, each time at a higher price than the previous sale, demonstrating consistent appreciation through different market conditions.
4. What is the neighbourhood character of Fairfield Park?
Fairfield Park is a mature, residential neighbourhood. The mix of home ages on the street and area rankings suggest a streetscape of well-kept, varied homes, with this 2007 build being one of the newer properties in the area.
5. Are there any obvious drawbacks from the data?
The lot size is standard for the area but not exceptionally large. Buyers seeking extensive outdoor space for gardens or expansions should note it is functionally average for the street. The "around average" ranking for living area on its specific avenue also indicates there are several directly comparable homes nearby.