Property score
88.2
Excellent
Overall 88.2 · Newer than most nearby homes
2,010 sqft (top 39%) · Built in 2007 (2 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 place of worships nearby
Living Area
Near average
7% 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
38 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 29% | Bottom 25% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
38 Langley Bay is a well-situated, above-average family home in Winnipeg's Fairfield Park neighbourhood. Built in 2007, it offers modern construction within a mature community. The key appeal lies in its strong performance across important metrics compared to its peers. With 2,010 sqft of living space, it sits comfortably above the city-wide average, providing ample room. Its assessed value of $610k places it in the top tier for the street, neighbourhood, and city, indicating a premium property for the area. The home features an attached garage and a renovated basement, adding functional living space. The lot size is standard for the locale, offering typical outdoor space without extensive maintenance demands.
This property would suit buyers looking for a move-in ready, modern home in a settled area who value space and a strong comparative value. It’s ideal for growing families or professionals needing home office flexibility, particularly those who appreciate a home that stands out in its immediate context for size and valuation, suggesting good long-term investment potential within its market segment.
Frequently Asked Questions
How does this home truly compare to others in the area?
The data shows it ranks above average in Fairfield Park and city-wide for living area, assessed value, and year built. On its own street (Langley Bay), it's in the top 11% for value and top 18% for being newer, meaning it's a standout property on its block.
What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a 2007 home typically means it's been finished into a legal living space, potentially adding bedrooms, a family room, or a recreational area, which significantly increases the usable square footage.
Is the assessed value a reliable indicator of the sale price?
The assessed value ($610k) is for municipal tax purposes and is a strong benchmark. It places the home well above local and city averages, suggesting a premium listing. However, the final sale price will be determined by the current market.
The home sold in 2016 for $467,000. What does that tell us?
This historical data shows significant appreciation in value over eight years, highlighting the property's strong investment trajectory and the overall market growth in the area.
Who would this home not be ideal for?
Given its above-average price for the neighbourhood and standard lot size, it may not suit buyers seeking a budget-friendly entry into the area or those prioritizing a very large, private yard. It's a premium choice within its specific community.
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