Property score
89.5
Excellent
Overall 89.5 · Larger and newer than most nearby homes
2,375 sqft (top 11%) · Built in 2008 (3 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 38%Chinese · 21%
Past 10 years Fairfield Park sales snapshot (~80% of all data)
216
820k
$344/sqft
2005
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89.5 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: #46111192
$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
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
1208 Colby Avenue — 18 amenities found within 500 m, across 6 categories, including 9 dining (nearest 401 m), 3 healthcare (nearest 302 m), 1 shopping (nearest 330 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 22% | Top 26% | Top 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Top 34% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1208 Colby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fairfield Park is defined by its above-average and elite standings in key metrics. Built in 2008, it is a newer property within its context, ranking in the top 5% on its street for age. Its primary appeal lies in its generous 2,375 sqft of living space, which places it in the top 12% locally and an elite top 4% city-wide, offering substantially more room than the average Winnipeg home. The property sits on a 6,148 sqft lot and features an attached garage. Notably, the basement is present but not renovated, representing a clear opportunity for future customization.
The home suits buyers looking for move-in-ready space in a well-established neighborhood, who also value the potential to add equity through a basement finish. It’s an ideal fit for growing families or those who work from home and need ample room. A thoughtful perspective is that its strong rankings for size, value, and age suggest a property that has been well-maintained and is positioned competitively within its peer group, offering a balance of modern convenience and future potential.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to others?
With 2,375 sqft of living area, this home is significantly larger than average. It ranks in the top 4% of all Winnipeg homes for size, offering space comparable to high-end properties city-wide.
2. What is the condition of the basement?
The listing confirms a basement exists but specifies it is "not renovated." This should be considered a blank canvas for future development, subject to inspections for current condition and potential.
3. How does the assessed value relate to its last sale price?
The current assessed value is $672,000. The home last sold in April 2021 for $610,000. This increase reflects market changes and assessments over a three-year period, but the final market price is determined by current buyer demand.
4. Is the property considered new?
Built in 2008, the home is 18 years old. While not new, it is newer than most homes in Winnipeg (which average from 1966 city-wide) and ranks in the top 10% for age within the Fairfield Park area.
5. What do the rankings and "top X%" badges mean?
These metrics compare this specific property against similar homes on its street, in the Fairfield Park area, and across the entire city. An "elite" or "above average" ranking indicates it outperforms a large majority of peers in that specific category, such as living area or year built.
