Property score
88.2
Excellent
Overall 88.2 · Newer than most nearby homes
2,051 sqft (top 36%) · 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: 1 place of worship nearby
Living Area
Near average
9% larger 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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88.2 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
240 Wayfield Drive — 1 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 | Top 6% | Top 17% | Top 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 30% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 240 Wayfield Drive, Fairfield Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fairfield Park presents a compelling blend of space, modernity, and value. Its key characteristics include a generous 2,051 sqft of living area, a renovated basement, and an attached garage, all situated on a standard 5,509 sqft lot. Built in 2007, the property is notably newer than most Winnipeg homes.
The primary appeal lies in its strong positional metrics. The home consistently ranks above average for its size, assessed value, and year built, not just citywide but also within its immediate street and neighborhood. This suggests a well-regarded and established setting. The renovated basement adds immediate functional space without the need for a major project.
This property would suit buyers looking for a move-in-ready family home in a mature neighborhood, who prioritize more modern construction (avoiding the maintenance quirks of much older homes) and appreciate a layout that offers flexible living space. It’s also a sensible choice for value-conscious buyers who see merit in a home that performs well against key metrics on its street and in its area, indicating a sound investment in a stable community.
Section 2: Frequently Asked Questions
1. How does the home’s size compare practically?
At 2,051 sqft, the living space is significantly larger than the Winnipeg average and above average for Fairfield Park. This translates to more room for growing families, dedicated home offices, or comfortable entertaining areas compared to many other options.
2. What does the “above average” assessed value ranking mean?
The assessed value ranks in the top 10% on its street and top 9% citywide. This typically indicates the property is perceived by assessors as having higher value relative to its peers, often due to a combination of its size, condition, newer age, and location. It’s a marker of a premium property within its market segment.
3. Are there any concerns with a 2007 build?
A 2007 build is a significant advantage, placing it in the top 4% of homes by age on its street. This means major components like windows, roofing, and mechanical systems are likely still within their typical lifespan, potentially reducing near-term capital repair costs compared to the city’s average home built in 1966.
4. The lot size is noted as “around average.” Is that a drawback?
Not necessarily. At just over 5,500 sqft, the lot is standard for the area and provides typical backyard space for a neighborhood of this era. The trade-off is that the home itself is larger than average, meaning a greater proportion of the property value is in the finished living space rather than the land—an efficient use for those prioritizing interior square footage.
5. What is indicated by the 2022 sale price?
The home sold for $64.50k in May 2022, a price that ranked in the top 5% for similar sales on its street and citywide at that time. This recent transaction at a premium price point reinforces the property’s strong market position and desirability among comparable homes.
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