Property score
78.1
Good
Overall 78.1 · Smaller but newer than most nearby homes
1,246 sqft (bottom 6%) · Built in 2007 (2 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 place of worships nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Above average
2 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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78.1 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
196 Wayfield Drive — 2 amenities found within 500 m, across 1 categories.
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 2% | Bottom 6% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 196 Wayfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fairfield Park is defined by its practicality and position within the market. Built in 2007, it is a notably newer property compared to the Winnipeg average, offering modern construction fundamentals without the premium of a recent, full renovation. The home features an attached garage and an unfinished basement, presenting a clean canvas for future customization.
Its primary appeal lies in its value proposition. The assessed value is significantly above the citywide average, yet the home ranks as one of the most affordable on its own street and within Fairfield Park. This creates a unique entry point into a newer-built home in the area. The living space is compact at 1,246 sqft, well below the neighbourhood average, which suggests efficiency over expansiveness. The lot size is typical for the locale.
This property would best suit first-time buyers or practical downsizers seeking a low-maintenance, modern-built home who are comfortable with a smaller footprint and see potential in personalizing the basement over time. It’s a strategic choice for those prioritizing a sound structure and a manageable property within their budget, rather than move-in-ready finishes or large living areas.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than similar homes on the street?
While the assessed value is above the Winnipeg average, it is actually among the lowest on Wayfield Drive. This discrepancy highlights that the home is on a street of relatively high-value properties, potentially offering a value opportunity within that specific context.
2. The living area seems small. How does the layout function?
At 1,246 sqft, the living area is below average for the neighbourhood. This indicates an efficient, likely open-concept floor plan common for a 2007 build. Buyers should consider if the layout maximizes the available space to suit their daily needs.
3. What does "basement not renovated" imply?
It means the basement is unfinished. It has been left as a blank space—with concrete floors, exposed framing, and utilities—since the home was built. This is a cost-saving opportunity for a buyer to finish it to their own specifications and timeline, but requires upfront planning and investment.
4. The home sold in 2020. What might that mean?
The 2020 sale provides a recent market price point (400k) for comparison. Given shifts in the market since then, a buyer should investigate current conditions to understand how today’s value relates to that last sale price.
5. How does the lot size compare, and what are the implications?
At just over 5,500 sqft, the lot is average for the street and neighbourhood. This suggests standard suburban spacing—enough for a backyard and landscaping, but not an unusually large or small private outdoor space.
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