1090 Colby Avenue

Fairfield Park, Winnipeg

Property score

81.1

Excellent

Overall 81.1 · Newer than most nearby homes

1,900 sqft (top 48%) · Built in 2007 (2 yrs newer than avg)

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

Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 12 dining spots, 4 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Above average

2 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

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Property score

81.1 is composed by the two sections below.

Property Score

90.7Excellent
Living Area1,900 sqft92Excellent
Year Built200790Excellent
Lot Size6,892 sqft85Excellent
Neighbourhood Sales Activity96Excellent

Community Score

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

Neighbourhood Sales

Fairfield Park

How to read: Share of sales in each ~$50k price band for “fairfield park” (Detached houses (non-condo), 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.

Rankings

Living Area

above average
1,900 sqft
0255075100
Same streetBottom 34%Same areaTop 48%CitywideTop 13%
Same street · Colby Avenue
#38 / 58
Bottom 34% · Avg 1,988 sqft
Same area · Fairfield Park
#211 / 439
Top 48% · Avg 1,878 sqft
Citywide · Winnipeg
#26,187 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
532k
0255075100
Same streetBottom 29%Same areaBottom 37%CitywideTop 15%
Same street · Colby Avenue
#41 / 58
Bottom 29% · Avg 581.1k
Same area · Fairfield Park
#275 / 439
Bottom 37% · Avg 568k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetTop 17%Same areaTop 23%CitywideTop 13%

Lot Size

above average
6,892 sqft
0255075100
Same streetTop 9%Same areaTop 14%CitywideTop 18%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1090 Colby Avenue — 22 amenities found within 500 m, across 6 categories, including 12 dining (nearest 115 m), 4 healthcare (nearest 116 m), 1 shopping (nearest 343 m).

Search radius
🍽️Dining12
🏥Healthcare4
🛒Shopping1
🏦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%

Sales History

Sold 10/2019CA$400k–450k
Sold price

Same street

Bottom 13%

Same area

Bottom 16%

City-wide

Top 24%

Related homes

Highlights & common questions: 1090 Colby Avenue, Winnipeg

Property Overview: 1090 Colby Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fairfield Park is a property of notable contrasts. Built in 2007, it is a relatively modern home in a city where the average house is decades older. Its key physical attributes are a 1,900 sqft living area, an attached garage, and a substantial 6,892 sqft lot, which is significantly larger than most in the immediate area and citywide. The basement is noted as unfinished, presenting a blank canvas for expansion.

The appeal lies in this balance of space and modernity. The above-average lot size offers valuable outdoor room for gardening, play, or future additions—a rarity for newer builds. While its living space is average for the neighbourhood, its assessed value is positioned below average for the street, which could signal a value opportunity for a buyer willing to update or finish spaces like the basement. The 2019 sale price was notably lower than the current assessed value, a point for careful consideration.

This home would suit a practical buyer looking for a solid, newer structure on a generous lot, who sees potential in customizing unfinished areas. It’s less suited for someone seeking a completely turn-key, renovated property.

Section 2: Frequently Asked Questions

Q: How does the lot size compare to nearby properties?
A: The lot is a standout feature. At nearly 6,900 sqft, it ranks in the top 9% on its own street and top 14% in Fairfield Park, offering more private outdoor space than most comparable homes.

Q: The assessed value seems low for the street. Why might that be?
A: The assessment is below the street average. This can sometimes reflect the unfinished basement, specific market conditions at assessment time, or the home’s specific condition relative to neighbours. It’s a key point to investigate during a viewing.

Q: The home sold for $44.70k in 2019, but is now assessed at $53.20k. What does this mean?
A: This indicates a significant increase in its official assessed value over a few years. It’s essential to understand that assessed value is for taxation purposes and can differ from market value. A professional appraisal and market analysis are needed to determine its current fair market price.

Q: Is the 1,900 sqft living area spacious for the area?
A: It’s around the neighbourhood average. For Fairfield Park, it’s typical, but citywide, it’s well above average, meaning it offers more interior space than most Winnipeg homes.

Q: What are the implications of the “not renovated” basement?
A: The unfinished basement provides flexibility to design and finish the space to your specific needs, but it also requires a upfront investment of time and money. It’s a pro for a DIY enthusiast or planner, but a con for someone needing immediate, ready-to-use square footage.

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