1122 Lee Boulevard

Fairfield Park, Winnipeg

Property score

64.3

Fair

Overall 64.3 · Smaller and older than most nearby homes

1,060 sqft (bottom 1%) · Built in 1989 (16 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 3 healthcare facilitys, 1 shop, and 1 park nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Below average

16 yrs older 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

64.3 is composed by the two sections below.

Property Score

62.7Fair
Living Area52
1,060 sqftFair
Year Built78
1989Good
Lot Size74
5,947 sqftGood
Neighbourhood Sales Activity96
Excellent

Community Score

66.8Good
Household Income66
Good
Education Level91
Excellent
Housing Stress20
Low
Core Housing Need76
Good
Employment Health60
Fair

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

around average
1,060 sqft
0255075100
Same streetBottom 4%Same areaBottom 1%CitywideBottom 35%
Same street · Lee Boulevard
#82 / 85
Bottom 4% · Avg 2,010 sqft
Same area · Fairfield Park
#434 / 439
Bottom 1% · Avg 1,878 sqft
Citywide · Winnipeg
#127,119 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetBottom 8%Same areaBottom 4%CitywideTop 30%
Same street · Lee Boulevard
#78 / 85
Bottom 8% · Avg 599.7k
Same area · Fairfield Park
#422 / 439
Bottom 4% · Avg 568k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetBottom 20%Same areaBottom 3%CitywideTop 23%

Lot Size

around average
5,947 sqft
0255075100
Same streetTop 39%Same areaTop 31%CitywideTop 34%

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

1122 Lee Boulevard — 20 amenities found within 500 m, across 7 categories, including 11 dining (nearest 288 m), 3 healthcare (nearest 149 m), 1 shopping (nearest 200 m).

Search radius
🍽️Dining11
🏥Healthcare3
🛒Shopping1
🌳Parks1
🏦Finance2
Fuel Stations1
Worship1

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 8/2020CA$350k–400k
Sold price

Same street

Bottom 6%

Same area

Bottom 3%

City-wide

Top 41%
Sold 7/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 1122 Lee Boulevard, Winnipeg

Property Overview: 1122 Lee Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fairfield Park is defined by its practical size and notable value proposition. With 1,060 sqft of living space and a renovated basement, it offers a manageable layout for day-to-day living. Its key appeal lies in its position as a citywide value leader: while its assessed value is below average for its immediate street and neighborhood, it ranks in the top 30% across the entire city, suggesting a more affordable entry point into the Winnipeg market compared to many other areas. The lot size is standard for the city, and the home, built in 1989, is newer than the Winnipeg average.

This property would suit first-time buyers or downsizers seeking a solid, no-fuss home without a premium price tag. It’s for the pragmatic buyer who prioritizes financial efficiency and a renovated basement over above-average square footage or a newer build. A less obvious perspective is its potential for someone who values a home that is already updated in key areas (the basement), allowing them to avoid major immediate projects, and who is comfortable in a neighborhood where this specific home represents a more modest offering compared to its immediate peers.

Section 2: Frequently Asked Questions

1. Is this a good value for money?
Based on the data, yes, particularly from a city-wide perspective. The home’s assessed value places it in the top 30% of all Winnipeg properties for value, meaning you get more house for your tax dollar here than in most of the city, even if it’s a smaller home on its street.

2. Why is the living area smaller than many nearby homes?
The data shows this home’s living area is in the bottom tier (top 96%) for both Lee Boulevard and Fairfield Park. This indicates the immediate area consists of larger homes, making this a more compact, potentially more affordable option in the same location.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This is a key question for your real estate agent to ask the seller to understand the finish quality, permitted status, and the added functional space it provides.

4. How do the past sale prices affect the current value?
The home sold for $37.1k in 2020 and $29.3k in 2016. These figures are likely for the land and structure value only (not the market sale price), which is common for assessed value records. They show a trend of increasing assessed value, but a current market appraisal and comparison to recent neighborhood sales are essential.

5. Is the 1989 build date a concern?
While older than many homes in Fairfield Park, the home is newer than the average Winnipeg house. The renovated basement suggests some updates have been made. A standard home inspection is recommended to evaluate the condition of major systems like roof, HVAC, and plumbing for a home of this age.