Property Overview: 1112 Fairfield Avenue
Key Characteristics & Appeal
This two-storey home on Fairfield Avenue presents a compelling blend of space, modernity, and established neighbourhood character. Built in 2008, it is notably newer than most Winnipeg homes, suggesting contemporary building standards and less immediate need for major updates. Its primary appeal lies in its generous 2,380 sqft of living area, which places it well above average for the city, the Fairfield Park area, and even its own street—offering substantial room for families or those who value spacious interiors. The property features an attached garage and a renovated basement, adding functional living and storage space.
The home’s assessed value consistently ranks in the top tiers across all comparison levels, indicating a strong and recognized valuation within the market. The lot size of just over 6,000 sqft is ample and fairly typical for the area, providing good outdoor space without the high maintenance of an exceptionally large yard. This property would particularly suit buyers looking for a move-in-ready, spacious family home in a mature neighbourhood, who appreciate a newer construction year that bridges the gap between modern amenities and established community roots. A thoughtful perspective is that while the home ranks "elite" city-wide for size, it sits in a more balanced position among its immediate peers, suggesting it offers premium space without being an outlier on its block.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 2,380 sqft, this home is larger than most comparable properties on Fairfield Avenue, in the wider Fairfield Park area, and significantly larger than the typical Winnipeg home. It offers space in the top 4% city-wide.
2. What does the assessed value ranking indicate?
The assessed value ranks in the top 15% in the neighbourhood and top 6% city-wide. This generally reflects a valuation that is above average for the market, which can be indicative of the property's size, condition, and desirability, though market sale price can vary.
3. Is the lot size typical for the area?
Yes. The land area of 6,148 sqft is very close to the average for both the street and the neighbourhood, offering a standard, well-proportioned urban lot for this community.
4. What are the implications of the 2008 build year?
Built in 2008, the home is newer than approximately 90% of homes on its street and 87% of homes in Winnipeg. This often translates to more modern construction materials, layouts, and systems, potentially reducing near-term renovation needs.
5. Was the recent sale price consistent with the assessed value?
According to the data, the home sold in July 2022 for $62.50k. It is important to consult with a real estate professional for a current market analysis, as this past sale price may not reflect today's market conditions and the assessed value is for taxation purposes.