1091 Colby Avenue

Fairfield Park, Winnipeg

Property score

76.8

Good

Overall 76.8 · Compared with neighbourhood average

1,793 sqft (bottom 44%) · Built in 2006 (1 yr 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: 11 dining spots, 3 healthcare facilitys, 1 shop, and 1 park nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

1 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

76.8 is composed by the two sections below.

Property Score

83.4Excellent
Living Area1,793 sqft86Excellent
Year Built200690Excellent
Lot Size4,915 sqft60Fair
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
1,793 sqft
0255075100
Same streetBottom 29%Same areaBottom 44%CitywideTop 17%
Same street · Colby Avenue
#41 / 58
Bottom 29% · Avg 1,988 sqft
Same area · Fairfield Park
#245 / 439
Bottom 44% · Avg 1,878 sqft
Citywide · Winnipeg
#33,894 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
559k
0255075100
Same streetBottom 48%Same areaTop 46%CitywideTop 12%
Same street · Colby Avenue
#30 / 58
Bottom 48% · Avg 581.1k
Same area · Fairfield Park
#201 / 439
Top 46% · Avg 568k
Citywide · Winnipeg
#22,621 / 194,458
Top 12% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetTop 38%Same areaBottom 35%CitywideTop 14%

Lot Size

around average
4,915 sqft
0255075100
Same streetBottom 3%Same areaBottom 11%CitywideBottom 42%

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

1091 Colby Avenue — 21 amenities found within 500 m, across 7 categories, including 11 dining (nearest 151 m), 3 healthcare (nearest 162 m), 1 shopping (nearest 293 m).

Search radius
🍽️Dining11
🏥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%

Sales History

Sold 7/2021CA$500k–550k
Sold price

Same street

Bottom 39%

Same area

Bottom 41%

City-wide

Top 14%

Related homes

Highlights & common questions: 1091 Colby Avenue, Winnipeg

Property Summary: 1091 Colby Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 2006-built home in Fairfield Park offers a practical, modern foundation with a renovated basement and an attached garage. Its key appeal lies in its balance of space and value. With 1,793 sqft of living area, it provides above-average space for Winnipeg overall, while being a more manageable size within its immediate neighbourhood. The lot, at just under 5,000 sqft, is smaller than most on the street, which translates to less yard maintenance—a potential perk for busy professionals or those seeking a lock-and-leave lifestyle.

The home suits first-time buyers or downsizers looking for a move-in-ready, contemporary property without the upkeep of an older house. Its assessed value is solidly mid-range for the area, suggesting a stable, established purchase rather than a speculative investment. A thoughtful perspective is that while the home ranks below average for lot size on its street, this positions it as a more affordable entry point into a desirable area, offering the same community amenities with a lower property tax base. The 2021 sale price indicates significant market appreciation since its build, pointing to the area's enduring appeal.

Section 2: Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
Not necessarily. While the lot is smaller than many on Colby Avenue, it is near the city-wide average. This typically means less time and money spent on landscaping and yard maintenance, which can be a positive for many buyers.

2. How does the living space compare to the area?
The home offers a balanced size. It has more space than the typical Winnipeg home, but is slightly more compact than the average in Fairfield Park. This often results in a more efficient, cost-effective floor plan to heat and maintain.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on finishes, layout, or permits should be verified by your real estate agent during a viewing and in the disclosure documents.

4. The home sold in 2021. What does that mean for the current price?
The 2021 sale provides a recent market benchmark, showing strong growth from its original build. The current listing price will reflect market conditions since that date, and a comparative market analysis will be essential to understand its present value.

5. Who are the typical neighbours?
Given the home's age, size, and location, the neighbourhood likely includes a mix of young families attracted to the modern builds, established residents, and professionals. The consistent assessed values on the street suggest a stable, middle-income community.

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