Property Overview
This two-storey home at 1250 Fairfield Avenue in Winnipeg's Fairfield Park neighbourhood presents a balanced, move-in-ready opportunity. Its key appeal lies in its solid, above-average fundamentals when viewed in a city-wide context, combined with the practical updates and space for a comfortable family life. Built in 2007, it's a relatively modern home featuring an attached garage and a renovated basement. With 1,799 sqft of living space, it offers more room than the typical Winnipeg home, and its lot size of over 6,000 sqft is generous for the area, providing ample outdoor space.
The property suits buyers looking for a established, low-maintenance home in a mature neighbourhood without the concerns of an older build. It’s ideal for growing families or professionals who value functional space—both indoors and out—and a renovated basement that adds immediate utility. A thoughtful perspective is that this home represents a "steady performer": its metrics (size, assessed value, year built) consistently rank above the city median but are comfortably average within its immediate, desirable area. This suggests you're buying into a stable community without overpaying for peak status, offering a sensible blend of space, modernity, and value.
Frequently Asked Questions
How does this home compare to others in Fairfield Park?
Within the Fairfield Park neighbourhood, the home is very comparable to its peers. Its living area, assessed value, and year built all rank near the middle of the local range, meaning it’s a typical, well-suited property for the area. Its lot size, however, is notably larger than most in the neighbourhood.
What is the significance of the renovated basement?
A renovated basement adds immediate liveable square footage without the need for future investment. It can serve as a family room, home office, or guest space, increasing the home's functionality from day one.
The home sold in 2020 and 2016 for roughly the same price. What does that indicate?
This price stability over a four-year period, even through a renovation, could suggest a balanced market valuation at those times. It underscores the importance of a current assessment and understanding recent market trends in the area to determine today's value.
Is the lot size a major advantage?
Yes, especially in a established neighbourhood. A lot over 6,000 sqft provides valuable outdoor space for gardening, play, or entertaining that is harder to find in newer subdivisions. It also offers potential for future additions or landscaping projects, subject to local bylaws.
Who would this home not be ideal for?
It may not suit buyers seeking a historic character home, a brand-new build, or a property with extreme "fixer-upper" value potential. It’s also not equipped with a pool. The profile is of a modern, turn-key family home in a quiet, established setting.