Property Overview: 30 Raphael Street, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fairfield Park is a property of notable contrasts. Built in 2007, it is a relatively modern home situated on an exceptionally large, private lot—over a quarter-acre—which is a rare find within the city. With just over 2,100 sqft of living space, it offers ample room for a family and features a renovated basement and an attached garage.

The primary appeal lies in its land. The lot size ranks in the top 5% citywide, offering a level of space, potential for gardening, expansion, or simply privacy that is increasingly difficult to find in Winnipeg. This is balanced by a home that is comfortably above average in size and modernity for its neighborhood. The recent sale history suggests a property that has appreciated significantly, indicating strong market confidence in the location.

This home would best suit buyers who prioritize outdoor space and privacy over having the largest house on the block. It’s ideal for a growing family seeking a modern, low-maintenance home on a lot with room to play, or for someone who values the long-term potential and rarity of a large urban parcel. It’s a solid, grounded choice for those looking for a established home in a mature neighborhood without the upkeep of an older property.

Section 2: Frequently Asked Questions

1. How does the lot size compare to a typical Winnipeg property?
The lot of 11,020 sqft is substantial, placing it in the top 5% of all residential properties in Winnipeg. It is nearly double the size of the average city lot, offering significant outdoor space.

2. Is the home considered large for the area?
The living area is above average for the broader Fairfield Park neighborhood, ranking in the top 28%. On its specific street, it is closer to the average, meaning you get a well-sized home without being disproportionately large for the streetscape.

3. What does the assessed value indicate?
The assessed value is above average for the neighborhood and ranks in an elite tier citywide. It’s important to note that assessed value for taxation purposes often lags behind market value, as evidenced by the home’s recent sale price being significantly higher.

4. The home sold recently in late 2024. What does the sale history show?
The property sold for $700,000 in December 2024, a notable increase from its previous sale price of $560,000 in September 2020. This indicates strong market demand and appreciation for homes with these characteristics in this location.

5. Who are the most likely neighbors or comparable buyers?
Given the combination of a modern(ish) 2007 build and a massive lot, the home likely appeals to a specific cross-section: families upgrading from a starter home who want space, or downsizers from acreages who still desire significant land but with less maintenance. The data shows comparable assessed values in established, family-oriented neighborhoods like Linden Ridge and Crescent Park.