Property score
74.3
Good
Overall 74.3 · Smaller and older than most nearby homes
1,486 sqft (bottom 21%) · 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, 3 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby
Living Area
Below average
21% 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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74.3 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
1139 Colby Avenue — 19 amenities found within 500 m, across 6 categories, including 11 dining (nearest 290 m), 3 healthcare (nearest 194 m), 1 shopping (nearest 241 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 | Bottom 9% | Bottom 15% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1139 Colby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This single-storey home in Fairfield Park is a study in contrasts, offering a practical and modern living space on a generous lot. Built in 2005, it presents as a well-maintained, contemporary property featuring an attached garage and a renovated basement. Its primary appeal lies in its efficient use of space and its above-average, sizable lot of over 6,000 sqft, which is a notable asset in its neighborhood and city-wide. The living area, while smaller than many immediate neighbors, is close to the Winnipeg average, suggesting a manageable layout without excessive upkeep.
The home’s assessed value tells an interesting story: it is average for its street and area, but ranks within the top 13% city-wide. This indicates you are acquiring a property with solid intrinsic value in the broader market, positioned in an established area. It would suit first-time buyers or downsizers looking for a modern, low-maintenance home with a great yard for gardening or outdoor living. It’s also a sensible choice for value-focused buyers who appreciate a home that stands out more for its land and city-wide valuation than for its square footage relative to the immediate block.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others on the street?
Yes, at 1,486 sqft, the living area is below the average for Colby Avenue. This translates to a more efficient, potentially easier-to-maintain home, but buyers should be aware of the size difference compared to neighboring properties.
2. What does the "above average" city-wide assessed value mean?
While the assessed value is typical for Fairfield Park, it ranks in the top 13% across all of Winnipeg. This suggests the property holds strong fundamental value compared to the wider city market, which can be a positive indicator for long-term equity.
3. How does the lot size compare?
The land area is a key strength. At 6,147 sqft, the lot is above average for both the street and the broader Fairfield Park area, offering more outdoor space than many comparable properties.
4. The home sold in 2016 for $44.5k—why is the assessed value now $54.6k?
The 2016 sale price appears to be an outlier and is not reflective of current market value. The assessed value is determined by the city and is a more reliable, current gauge of its value for taxation and general market positioning.
5. Given the rankings, what’s the overall perspective on this property?
It presents a trade-off: you get a newer home (2005) on a larger-than-average lot with a renovated basement, but with less interior space than some neighbors. Its appeal is for those who prioritize lot size, modern features, and city-wide value over having the largest house on the block.
