Property Overview

This well-situated home at 1278 Lee Boulevard in Winnipeg's Fairfield Park neighborhood presents a compelling blend of modern convenience and established value. Built in 2016, it is a notably newer construction compared to most homes in the city and the immediate area. The property features a renovated basement, an attached garage, and a generous 1,848 sqft of living space. Its true standout feature is the expansive 11,468 sqft lot, which offers significant outdoor space—a rarity, especially within the citywide context. Recent sale history shows consistent and strong appreciation.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance. It offers the low-maintenance benefits and modern systems of a contemporary build (just 10 years old) combined with a mature, sizable lot more typical of older neighborhoods. While the living space is comfortably above the city average, the home’s assessed value places it in the elite tier for both Fairfield Park and Winnipeg overall, indicating a highly desirable address and property caliber.

This home would perfectly suit buyers who want move-in-ready, modern living without sacrificing yard space. It’s ideal for families seeking room to grow outdoors, professionals looking for a premium location with minimal renovation worries, or downsizers from larger estates who still value privacy and garden potential. A less obvious advantage is its "best of both worlds" position: it enjoys the established trees and character of Fairfield Park while avoiding the potential for major, costly updates common with much older homes.

Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot is exceptionally large for a city property, ranking in the top 4% citywide. In Fairfield Park, it's in the elite top 3%, meaning it is significantly larger than most neighboring lots.

2. The assessed value seems high for the neighborhood. Why?
The assessed value places this home in the top 4% in Fairfield Park and top 2% citywide. This premium is likely driven by the combination of its new construction age, large lot size, and renovated condition compared to the area's average home.

3. What does the sale history indicate about the property's value?
The home has sold three times since 2019 (2019, 2022, 2024), with each sale price representing a significant increase over the last, demonstrating strong and consistent market appreciation.

4. Is the living space considered large?
At 1,848 sqft, it is above the city average. Within its immediate street and neighborhood, it is around the average size, meaning it offers ample space without being an outlier on the block.

5. What are the less obvious benefits of a 2016 build?
Beyond just being modern, a home of this age likely has updated building codes, more energy-efficient fixtures and insulation, and should be approaching the midpoint of major component lifespans (like roof, HVAC), offering a long period of predictable maintenance costs.