Property Overview: 1207 Fairfield Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fairfield Park offers a practical and spacious layout with 1,851 sqft of living space. Its primary appeal lies in its generous, above-average lot size of over 8,000 sqft, providing significant outdoor space that is rare for the city and stands out even within its own neighbourhood. The home is modern, built in 2006, and features an attached garage and a renovated basement, adding to its move-in-ready condition.
The property’s data reveals a thoughtful perspective: while the house itself is of average size for the immediate area, its assessed value ranks consistently above average on its street, in the neighbourhood, and citywide. This suggests it is perceived as a solid value proposition, likely bolstered by its large lot and updates. It last sold in late 2023, providing a very recent market price benchmark.
This home would suit buyers looking for single-level living without sacrificing yard space—ideal for families, those who enjoy gardening or outdoor entertaining, or anyone seeking a manageable home with room to grow. It’s a strong option for purchasers who value a newer build with modern foundations but are also keen on a property whose land value contributes meaningfully to its worth.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is significantly larger than average. At 8,071 sqft, it ranks in the top 11% citywide, offering exceptional outdoor space.
2. Is the home’s assessed value in line with its recent sale price?
The 2023 sale price was higher than the current assessed value, which is common. The assessed value itself ranks in the top 7% citywide, indicating the property is considered well above average by municipal assessment.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent regarding finishes, layout, and permits.
4. How does the living space compare to other homes on the street?
At 1,851 sqft, it is slightly below the average for Fairfield Avenue but remains a spacious layout. Its appeal is complemented more by its lot size and modern build year than by being the largest house on the block.
5. The home sold recently in late 2023. What should I consider?
The quick resale suggests a potential life change for the seller. It provides a clear, recent market value, but it’s wise to understand the seller’s motivation and to investigate if any further upgrades have been made since their purchase.