Property score
78.1
Good
Overall 78.1 · Smaller but newer than most nearby homes
1,210 sqft (bottom 3%) · Built in 2007 (2 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 place of worships nearby
Living Area
Below average
36% 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
23 Langley Bay — 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 1% | Bottom 6% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Langley Bay, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fairfield Park presents a distinct value proposition defined by its contrasts. Built in 2007, it is a notably newer home compared to the Winnipeg average, offering modern systems and less immediate concern for major age-related repairs. The home features a renovated basement and an attached garage. However, with 1,210 sqft of living space, it is significantly more compact than most homes in its immediate neighbourhood and street, ranking in the bottom 3% for size locally.
Its primary appeal lies in this juxtaposition: it offers the benefits of a newer build within an established area, but at a more accessible price point, as reflected in its below-average assessed value for the street and Fairfield Park. This creates an opportunity for buyers who prioritize a modern, low-maintenance foundation over sheer square footage. The lot size is average for the area, providing balanced outdoor space.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a turn-key, newer property in a mature neighbourhood without paying a premium for the largest homes on the block. It’s for those who value efficient, modern living spaces and see the smaller size as a manageable advantage rather than a drawback.
Frequently Asked Questions
1. Is this home a good value?
The data suggests it is priced accessibly for its desirable street and newer construction. While its living space is below average for Fairfield Park, its assessed value is also proportionally lower, and it ranks well above the citywide average for value, indicating a competitive entry point into the area.
2. Why is the living area smaller than neighbours' homes?
The home was built in 2007, later than many surrounding properties. Building trends and lot subdivisions over time often result in newer infill homes having more compact footprints compared to older, originally built homes in the same area.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to clarify with the listing agent to understand if it adds legal living space, a rental suite, or finished recreational areas.
4. How does the 2017 sale price relate to today's value?
The home sold for $40,500 in 2017, while its current assessed value is $48,400. This historical data shows a trend, but market conditions have evolved. A current professional appraisal or comparative market analysis is essential to determine its present market value.
5. For a newer home, is the assessed value surprisingly low?
Not necessarily. The assessed value is below average for Langley Bay and Fairfield Park, which are comprised of larger, higher-value homes. Citywide, its assessment ranks in the top 22%, confirming it holds solid value overall, just within a particularly high-calibre local context.
