Property Overview: 1116 Fairfield Avenue
Key Characteristics & Appeal
This two-storey home in Fairfield Park is a well-proportioned property that balances space, modernity, and location. Built in 2008, it is notably newer than most Winnipeg homes, offering the benefit of contemporary construction standards without the immediate need for major system updates. With nearly 1,900 sqft of living space and a renovated basement, it provides ample room for family life or entertaining. The attached garage and a generous 6,148 sqft lot are practical assets.
Its primary appeal lies in its strong, balanced positioning within its immediate community. While not the largest or most expensive home on the street, it consistently ranks above average in key metrics—especially citywide—suggesting solid value for the neighbourhood. It’s a home that offers more space and newer construction than the typical Winnipeg house, but without an extreme premium. This would suit buyers looking for a move-in ready family home in a mature neighbourhood, who prioritize a modern build year and a manageable scale over a sprawling estate or a fixer-upper project. It’s particularly suited for those who want a comfortable, established setting without feeling like they’re paying for the absolute top-tier property on the block.
Frequently Asked Questions
1. How does this home compare to others in Fairfield Park?
It sits comfortably in the middle-to-upper range for the area. It has above-average living space and a significantly newer build year than the neighbourhood average, while its assessed value and lot size are competitive and typical for the park.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms are not provided here. This is a key detail to clarify with the listing agent.
3. Is the property’s value trending up?
The sale history shows a sale in October 2024 for $640,000, which is $20,000 higher than its previous sale in September 2022. This recent increase suggests a positive trajectory, though broader market conditions should always be considered.
4. What are the potential drawbacks of a 2008 build?
While modern, a home of this age may be due for the first round of updates to original components, such as appliances, flooring, or exterior paint. It falls between the "brand new" warranty period and the "character home" renovation cycle.
5. How does the lot size impact future plans?
At just over 6,000 sqft, the lot is larger than many in the city and the immediate area, providing good outdoor space. It may offer flexibility for additions, a deck, or landscaping, but local zoning bylaws would need to be checked for specific plans like a garage expansion or pool.