1077 Colby Avenue

Fairfield Park, ਵਿਨੀਪਿਗ

Property score

82.0

Excellent

Overall 82.0 · Newer than most nearby homes

2,050 sqft (top 37%) · Built in 2012 (7 yrs newer than avg)

Located in a above-average income area with median household income of ~64.5k

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 13 dining spots, 3 healthcare facilitys, 1 shop, and 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

9% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 41%Chinese · 30%

Past 10 years Fairfield Park sales snapshot (~80% of all data)

Sold Count

216

Median price

820k

$/sqft

$344/sqft

Avg build year

2005

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

82.0 is composed by the two sections below.

Property Score

92.1Excellent
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ2,050 sqft94Excellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ201294Excellent
ਜ਼ਮੀਨ6,113 sqft81Excellent
Neighbourhood Sales Activity96Excellent

Community Score

66.8Good
Household Income66Good
Education Level91Excellent
Housing Stress20Low
Core Housing Need76Good
Employment Health60Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Fairfield Park

How to read: Share of sales in each ~$50k price band for “fairfield park” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111254

Community deep dive

$65K

Median household income

$81K

Average household income

28%

Low income (LIM-AT)

0.3

Income inequality (Gini)

7.8

P90 / P10 ratio

24%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)2,340
Labour force participation rate65%
Median age29.6
Avg household size2.5
Unemployment rate11%
Population density3000 / km²

Households & income

Low income (LIM-AT, % pop.)28%
Single-person households24%
Couple families with children18%
Median household income (2020)$65K

Housing

Renter households46%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority68%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 40%
Mother tongue (2nd)Chinese · 29%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
2,050 sqft
0255075100
Same streetਹੇਠਲੇ 45%Same areaਟਾਪ 37%Citywideਟਾਪ 10%
Same street · Colby Avenue
#32 / 58
ਹੇਠਲੇ 45% · ਔਸਤ 1,988 sqft
Same area · Fairfield Park
#161 / 439
ਟਾਪ 37% · ਔਸਤ 1,878 sqft
Citywide · ਵਿਨੀਪਿਗ
#18,803 / 194,458
ਟਾਪ 10% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
592k
0255075100
Same streetਟਾਪ 33%Same areaਟਾਪ 28%Citywideਟਾਪ 9%
Same street · Colby Avenue
#19 / 58
ਟਾਪ 33% · ਔਸਤ 581.1k
Same area · Fairfield Park
#121 / 439
ਟਾਪ 28% · ਔਸਤ 568k
Citywide · ਵਿਨੀਪਿਗ
#16,534 / 194,458
ਟਾਪ 9% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2012
0255075100
Same streetਟਾਪ 2%Same areaਟਾਪ 4%Citywideਟਾਪ 10%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,113 sqft
0255075100
Same streetਟਾਪ 41%Same areaਟਾਪ 30%Citywideਟਾਪ 28%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

1077 Colby Avenue — 23 amenities found within 500 m, across 7 categories, including 13 dining (nearest 121 m), 3 healthcare (nearest 148 m), 1 shopping (nearest 315 m).

Search radius
🍽️Dining13
🏥Healthcare3
🛒Shopping1
🌳Parks1
🏦Finance2
Fuel Stations1
Worship2

Crime & Safety

Fairfield Park · WPS public data · 2026

Annual incidents

12

2026

vs. city avg

-59%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

83%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

6/2024 ਵਿਚ ਵਿਕਿਆCA$600k–650k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 13%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 22%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 6%

Related homes

ਵਿਨੀਪਿਗ 1077 Colby Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This two-storey home at 1077 Colby Avenue in Winnipeg's Fairfield Park neighbourhood presents a compelling blend of modern convenience and established community living. Built in 2012, it is notably newer than most homes in its immediate area and across the city, offering contemporary construction and likely fewer major maintenance concerns in the near term. With 2,050 sqft of living space and a renovated basement, it provides ample room for a growing family or those who appreciate dedicated space for work or leisure. The attached garage and a generous 6,113 sqft lot add practical daily value.

The home’s appeal lies in its above-average positioning. While it fits comfortably within its own street and neighbourhood in terms of size and value, it stands out city-wide for its spaciousness, modern build year, and assessed value—all ranking within the top 10% of Winnipeg homes. This suggests a property that has kept pace with or exceeded broader market trends. It would suit buyers looking for a move-in ready, relatively new home in a mature area, who want the space of a larger property without the upkeep of an older, character home. It’s a solid choice for pragmatic buyers seeking a modern floor plan and the stability of an established neighbourhood.


Frequently Asked Questions

How does this home compare in age to others nearby?
Built in 2012, this is one of the newest homes on Colby Avenue (ranking in the top 2%) and in the wider Fairfield Park area. This is a significant advantage, as the average build year for comparable city-wide homes is 1966.

Is the living space considered large?
At 2,050 sqft, it is above the city-wide average. It is comfortably spacious for the neighbourhood and street, sitting right around the average size for comparable homes in Fairfield Park itself.

What does the assessed value indicate?
The assessed value of $59.20k places the home above average for both the neighbourhood and the city. On its own street, it is around the average. This suggests the property holds its value well within its immediate context and is a strong performer in the broader market.

Is the lot size typical?
The 6,113 sqft lot is slightly above average for both Colby Avenue and the Fairfield Park neighbourhood, providing good outdoor space. It is, however, just slightly below the city-wide average lot size for comparable homes.

What is the recent sales history?
The home sold recently in June 2024 for $62.30k. This sale price ranked in the top 6% city-wide, indicating strong market demand and a successful sale above broader market averages.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.