1202 Lee Boulevard

Fairfield Park, Winnipeg

80.6

Excellent

Overall 80.6

Smaller but newer than most nearby homes

1,418 sqft (bottom 16%)

Built in 2013 (8 yrs newer than avg)

Located in a high-income area

with median household income of ~116k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 6 dining spots, 2 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 38%Chinese · 21%

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

80.6 is composed by the two sections below.

Property Score

77.6Good
Living Area1,418 sqft75Good
Year Built201394Excellent
Lot Size4,563 sqft60Fair
Neighbourhood Sales Activity96Excellent

Community Score

85.1Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health68Good

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: #46111192

Community deep dive

$116K

Median household income

$130K

Average household income

17%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.2

P90 / P10 ratio

9%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)2,238
Labour force participation rate70%
Median age36.8
Avg household size3.4
Unemployment rate12%
Population density4144 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households9%
Couple families with children45%
Median household income (2020)$116K

Housing

Renter households5%
Condominium dwellings10%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority70%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 37%
Mother tongue (2nd)Chinese · 21%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,418 sqft
0255075100
Same streetBottom 16%Same areaBottom 16%CitywideTop 35%
Same street · Lee Boulevard
#71 / 85
Bottom 16% · Avg 2,010 sqft
Same area · Fairfield Park
#369 / 439
Bottom 16% · Avg 1,878 sqft
Citywide · Winnipeg
#67,422 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
521k
0255075100
Same streetBottom 26%Same areaBottom 30%CitywideTop 17%
Same street · Lee Boulevard
#63 / 85
Bottom 26% · Avg 599.7k
Same area · Fairfield Park
#307 / 439
Bottom 30% · Avg 568k
Citywide · Winnipeg
#32,246 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2013
0255075100
Same streetTop 7%Same areaTop 3%CitywideTop 9%

Lot Size

around average
4,563 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 35%

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

1202 Lee Boulevard — 14 amenities found within 500 m, across 6 categories, including 6 dining (nearest 400 m), 2 healthcare (nearest 201 m), 1 shopping (nearest 225 m).

Search radius
🍽️Dining6
🏥Healthcare2
🛒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 8/2019CA$450k–500k
Sold price

Same street

Bottom 14%

Same area

Bottom 20%

City-wide

Top 21%

Related homes

Highlights & common questions: 1202 Lee Boulevard, Winnipeg

Property Summary: 1202 Lee Boulevard, Winnipeg

Key Characteristics & Buyer Profile

This one-storey home in Fairfield Park presents a practical and modern living option. Its key appeal lies in its contemporary build year (2013), which places it among the newest homes in the immediate area, potentially reducing concerns about major system replacements. The home features a renovated basement and an attached garage, with a living space of 1,418 sq ft that is compact yet efficient for city living. The lot is notably smaller than others on the street, which translates to lower maintenance but less private outdoor space.

The property’s value proposition is nuanced. While its size and lot are below average for the Fairfield Park neighborhood, its modern build and renovated basement offer move-in readiness. It suits first-time buyers or downsizers seeking a newer, low-maintenance home without a premium price tag for a large plot. It may also appeal to value-focused investors, as its assessed value is strong citywide, suggesting solid fundamentals despite being modest for the specific street.

Frequently Asked Questions

1. Is this a good value for the neighborhood?
The data suggests a trade-off. You are paying for a newer, renovated home on a desirable street, but you get less living space and a significantly smaller lot than most neighbors. It represents value for those prioritizing modern construction over square footage.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a rental suite, or simply updated.

3. How does the small lot impact daily living?
The lot is among the smallest on the boulevard. This means minimal yard upkeep, but also limited potential for expansions like additions, decks, or pools. It offers a more lock-and-leave lifestyle.

4. Why is the assessed value much higher than the 2019 sale price?
The assessed value is a municipal valuation for tax purposes, while sale price is market-driven. The increase likely reflects general market appreciation and the value placed on the home's newer age and renovations since the last sale.

5. Who typically lives on this street?
Given the larger average lot and living sizes of neighboring homes, the street likely consists of established families or long-term residents. This home, being newer and more compact, offers a different dynamic on the same block.

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