Property score
77.2
Good
Overall 77.2 · Older than most nearby homes
1,657 sqft (bottom 32%) · Built in 2005
Located in a above-average income area with median household income of ~64.5k
Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 4 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Below average
0 yrs newer than neighborhood avg.
Mother tongue
English · 41%Chinese · 30%
Past 10 years Fairfield Park sales snapshot (~80% of all data)
216
820k
$344/sqft
2005
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77.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111254
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1135 Colby Avenue — 20 amenities found within 500 m, across 6 categories, including 11 dining (nearest 276 m), 4 healthcare (nearest 192 m), 1 shopping (nearest 242 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 24% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1135 Colby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fairfield Park offers a practical and comfortable living space. Built in 2005, it benefits from modern construction standards while avoiding the premium often attached to brand-new builds. Its key appeal lies in its balance: a 1,657 sqft living area that feels spacious city-wide, paired with an above-average 6,147 sqft lot, providing ample outdoor room. The home features a renovated basement and an attached garage.
Its value proposition is nuanced. On its own street and in the immediate neighbourhood, the house sits around average for size and assessed value, suggesting it blends seamlessly into a stable area. However, when viewed across Winnipeg, it stands out as above average in living space, lot size, and assessed value, indicating a strong foundational investment compared to the broader market. This home would suit buyers looking for a move-in ready, single-level layout without the upkeep of an older property, and who prioritize a generous yard in a mature neighbourhood. It’s a solid choice for those seeking a balanced property that performs well on city-wide metrics without being the most expensive on the block.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is around the average for both Colby Avenue and the wider Fairfield Park area, suggesting it is priced consistently with its direct peers. Notably, its assessed value ranks in the top 13% city-wide, indicating strong underlying value compared to the entire Winnipeg market.
2. Is the living space considered large for Winnipeg?
Yes. While slightly below average for its immediate street, the 1,657 sqft of living area ranks in the top 23% across the city, meaning it offers more space than most Winnipeg homes.
3. What are the advantages of a 2005 build?
Constructed in 2005, the home is newer than approximately 85% of Winnipeg’s housing stock. This typically means fewer immediate major repairs, modern wiring and insulation standards, and a layout that suits contemporary living, all without the price volatility sometimes seen in very new subdivisions.
4. How does the lot size compare?
The lot is a significant feature. At 6,147 sqft, it is larger than most on its street and in Fairfield Park, ranking in the top 22% and 28% respectively. This offers more privacy, gardening space, and outdoor potential than many comparable properties.
5. What does the “renovated basement” include?
The listing confirms a renovated basement but does not specify the scope. Prospective buyers should inquire about the finish quality, permits, and whether it includes added bedrooms, a legal suite, or simply updated living space. This detail significantly impacts the home’s utility and value.
