Property Overview
1404 Lee Boulevard is a well-maintained two-storey home in Winnipeg's Fairfield Park neighbourhood. Built in 2006, it offers 1,904 sqft of living space with an attached garage and a renovated basement. The home sits on a 4,958 sqft lot. Its appeal lies in its modern, move-in-ready condition within a mature, established area. Data shows it offers above-average space and value compared to the wider city, while being very typical for its immediate street and neighbourhood—a sign of stability and predictable pricing. It would suit buyers looking for a comfortable, low-maintenance family home without the uncertainties of an older property, and who prioritize interior living space over a large yard.
Key Details & Suitability
- Key Characteristics: A 2006 two-storey with nearly 1,900 sqft, an attached garage, and a finished basement. The lot is modest for the area but manageable.
- Where Its Appeal Lies: This is a contemporary home in a settled community. It represents a "sweet spot"—new enough to avoid major age-related repairs, yet established in a neighbourhood with mature amenities. Its metrics suggest you get more interior space here than in most Winnipeg homes, which is a practical advantage.
- Ideal Buyer Profile: Perfect for professionals or growing families seeking a turnkey home. It suits those who want a modern layout and finishes but prefer the character of an older neighbourhood over a brand-new subdivision. The smaller lot will appeal to buyers who want less yard maintenance.
Frequently Asked Questions
1. How does this home compare in value to its neighbours?
The assessed value and recent sale prices are consistently around the average for both Lee Boulevard and the broader Fairfield Park area. This indicates the home is priced in line with its immediate peers, suggesting fairness and market stability rather than being over- or under-valued.
2. Is the smaller lot size a concern?
While the lot is below average for the street, it is very close to the citywide average. This means you're getting a standard city lot, but on a boulevard where some properties are larger. It's a trade-off: less yard upkeep, but potentially less private outdoor space than some neighbours.
3. What does the sale history tell us?
The home sold in 2020 and again in 2022. The 2022 sale price was notably higher than the 2020 price, reflecting the strong market of that time. A potential buyer should have a professional look into the reasons for the relatively quick resale to ensure there are no underlying issues.
4. How does the living space compare practically?
With nearly 1,900 sqft, this home offers significantly more living area than the typical Winnipeg house (which averages about 1,342 sqft). This is a key advantage, providing ample room for families, home offices, or entertaining without feeling cramped.
5. What is the neighbourhood like for a 2006 home?
Fairfield Park has homes of varying ages. A 2006 home here is newer than many in the area, offering modern construction while being nestled in a community with mature trees, established parks, and likely well-developed local services and schools.