Property score
76.1
Good
Overall 76.1 · Smaller but newer than most nearby homes
1,593 sqft (bottom 29%) · Built in 2007 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~64.5k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 13 dining spots, 1 school, 5 healthcare facilitys, and 1 park nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 41%Chinese · 30%
Past 10 years Fairfield Park sales snapshot (~80% of all data)
216
820k
$344/sqft
2005
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76.1 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: #46111254
$65K
Median household income
$81K
Average household income
28%
Low income (LIM-AT)
0.3
Income inequality (Gini)
7.8
P90 / P10 ratio
24%
Single-person households
18%
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
242 Shore Street — 22 amenities found within 500 m, across 6 categories, including 13 dining (nearest 136 m), 1 education (nearest 327 m), 5 healthcare (nearest 200 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 19% | Top 37% | Top 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 242 Shore Street, Fairfield Park, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2007, presents a well-maintained and modern footprint within a mature Winnipeg neighbourhood. Its key appeal lies in a balanced combination of space, updates, and a generous lot. The 1,593 sqft living area is notably above average for its immediate street and city-wide, offering comfortable room for a family. A significant feature is the fully renovated basement, which adds valuable finished space and modern convenience. The property stands out on its street with a large 6,241 sqft lot, providing ample outdoor space for gardening, play, or expansion, a rarity for newer builds. With an attached garage and a 2007 build date, it offers the low-maintenance benefits of a relatively recent construction.
The home’s assessed value positions it as a premium property on its street and within the wider city, suggesting strong finishes and condition. It would suit buyers looking for a move-in ready family home in a settled area, who prioritize both indoor living space and substantial outdoor room. It’s particularly suited for those wanting a newer build’s efficiency without a postage-stamp lot, or for future-minded buyers who see value in the potential a large lot provides.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is above average for Shore Street and ranks highly city-wide, but is slightly below the average for the broader Fairfield Park neighbourhood. This suggests it offers strong value for its specific street and may be positioned attractively within the larger, and generally more expensive, Fairfield Park area.
2. Is the lot size typical for the area?
No, the lot is a standout feature. At over 6,200 sqft, it ranks in the top 6% on Shore Street and the top 17% in Fairfield Park, meaning it is significantly larger than many of its neighbours and offers more privacy and yard space.
3. What does the sale history indicate?
The property sold in 2022 for $57,500. While direct price comparisons are complex, the history shows active market interest in recent years. The increase from its 2017 sale price aligns with broader market trends over that period.
4. What is the neighbourhood like for a 2007 home?
Fairfield Park is an established neighbourhood, so a 2007 home is one of the newer constructions on the block. This means you benefit from modern materials and building standards while being integrated into a mature community with developed trees and amenities.
5. Who might this property not suit?
Buyers seeking a historic character home or a brand-new build in a suburban subdivision may find the 2007 build date and established neighbourhood a middle ground. Additionally, those with no need for a large yard or a renovated basement may find the value proposition weighted toward features they may not fully utilize.
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