27 Langley Bay

Fairfield Park, Winnipeg

Property score

86.4

Excellent

Overall 86.4 · Newer than most nearby homes

1,875 sqft (bottom 49%) · 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

Near average

0% smaller than neighborhood avg.

Taon ng Paggawa

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)

Sold Count

216

Median price

820k

$/sqft

$344/sqft

Avg build year

2005

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Property score

86.4 is composed by the two sections below.

Property Score

87.3Excellent
Living Area89
1,875 sqftExcellent
Taon ng Paggawa90
2007Excellent
Lupa74
5,770 sqftGood
Neighbourhood Sales Activity96
Excellent

Community Score

85.1Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health68
Good

Istatistika ng benta ng komunidad

Fairfield Park

How to read: Share of sales in each ~$50k price band for “fairfield park” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111192

Community deep dive

$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

Population, labour & age

Population (2021)2,238
Labour force participation rate70%
Median age36.8
Avg household size3.4
Unemployment rate12%
Population density4144 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households9%
Couple families with children45%
Median household income (2020)$116K

Housing

Renter households5%
Condominium dwellings10%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority70%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 37%
Mother tongue (2nd)Chinese · 21%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

lampas sa average
1,875 sqft
0255075100
Same streetBottom 47%Same areaBottom 49%CitywideTop 14%
Same street · Langley Bay
#20 / 38
Bottom 47% · Avg 1,820 sqft
Same area · Fairfield Park
#222 / 439
Bottom 49% · Avg 1,878 sqft
Citywide · Winnipeg
#27,854 / 194,458
Top 14% · Avg 1,342 sqft

Assessed Value

lampas sa average
609k
0255075100
Same streetTop 13%Same areaTop 21%CitywideTop 7%
Same street · Langley Bay
#5 / 38
Top 13% · Avg 557.1k
Same area · Fairfield Park
#92 / 439
Top 21% · Avg 568k
Citywide · Winnipeg
#14,235 / 194,458
Top 7% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2007
0255075100
Same streetTop 18%Same areaTop 23%CitywideTop 13%

Lupa

lampas sa average
5,770 sqft
0255075100
Same streetTop 16%Same areaTop 38%CitywideTop 37%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

27 Langley Bay — 2 amenities found within 500 m, across 1 categories.

Search radius
Worship2

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 7/2022CA$650k–700k
Presyo ng benta

Parehong kalye

Top 7%

Parehong lugar

Top 12%

Buong lungsod

Top 4%

Related homes

Mga tampok at karaniwang tanong: 27 Langley Bay, Winnipeg

Property Overview

27 Langley Bay is a well-proportioned, modern family home in Winnipeg's Fairfield Park neighborhood. Built in 2007, it offers 1,875 sqft of living space on a 5,770 sqft lot, with an attached garage and a renovated basement. Its appeal lies in its strong, above-average positioning within its immediate area—particularly in assessed value and lot size—while offering more space than the typical Winnipeg home. This property suits buyers looking for a move-in ready, relatively contemporary home in an established neighborhood, who value space and a solid investment profile over a brand-new build.

Key Characteristics & Ideal Buyer

The home’s key characteristics are its modern age (2007), generous living area, and notably above-average assessed value for its street and neighborhood. The renovated basement adds functional living space. Its appeal is grounded in data: it ranks in the top 13-21% for assessed value in its local comparisons, suggesting a premium property within Fairfield Park. The lot size is also larger than most on its street. While the living area is average for the immediate area, it is substantially larger than the Winnipeg citywide average, offering more room than most homes in the city.

This property would best suit practical, value-conscious buyers—perhaps growing families or professionals—who want a home that stands out in its local market without the premium of a brand-new subdivision. It’s for someone who appreciates a neighborhood with mature infrastructure and wants a home that has already undergone key updates, like the basement renovation. A less obvious perspective is that this home represents a "safe harbor" within its market segment: its strong comparative metrics suggest it may hold its value resiliently, appealing to buyers who view a home as a long-term financial anchor as much as a living space.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it is a leader on its own street. It ranks 5th of 38 for assessed value and 6th of 38 for lot size on Langley Bay, indicating it is considered a higher-value property among its direct neighbors.

2. Is the living space sufficient for a family?
With 1,875 sqft above grade plus a renovated basement, it offers space well above the Winnipeg citywide average (1,342 sqft). For the Fairfield Park area, it is squarely average, meaning it provides standard family space for this specific neighborhood.

3. What does the "above-average assessed value" actually mean for me?
While not a direct market price, a consistently high assessed value across street, neighborhood, and city comparisons suggests the municipality views the property as a premium asset in its class. This can be a positive indicator for resale value and equity, but the final sale price is always determined by the market.

4. The home was last sold in July 2022. What should I consider?
This recent sale means the current sellers likely have a clear, modern understanding of their purchase price and any improvements made. It suggests a shorter-term ownership, so inquiring about their reason for moving could provide useful context.

5. Are there any potential drawbacks based on this data?
The home’s living area is average for Fairfield Park, so if you are comparing it specifically to larger homes in this neighborhood, it may not stand out on size alone. Its strength is in the combination of its lot size, modern build year, and value assessment relative to other homes.