38 Raphael Street

Fairfield Park, Winnipeg

Property score

91.7

Excellent

Overall 91.7 · Larger and newer than most nearby homes

2,944 sqft (top 1%) · Built in 2007 (2 yrs newer than avg)

Located in a high-income area with median household income of ~116k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 place of worships nearby

Living Area

Above average

57% 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)

Sold Count

216

Median price

820k

$/sqft

$344/sqft

Avg build year

2005

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Property score

91.7 is composed by the two sections below.

Property Score

96.1Excellent
Living Area98
2,944 sqftExcellent
Year Built90
2007Excellent
Lot Size97
11,008 sqftExcellent
Neighbourhood Sales Activity96
Excellent

Community Score

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

Neighbourhood Sales

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.

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.

Rankings

Living Area

Elite
2,944 sqft
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 1%
Same street · Raphael Street
#2 / 31
Top 6% · Avg 2,269 sqft
Same area · Fairfield Park
#6 / 439
Top 1% · Avg 1,878 sqft
Citywide · Winnipeg
#2,199 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
907k
0255075100
Same streetTop 10%Same areaTop 2%CitywideTop 1%
Same street · Raphael Street
#3 / 31
Top 10% · Avg 677.7k
Same area · Fairfield Park
#9 / 439
Top 2% · Avg 568k
Citywide · Winnipeg
#2,834 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetTop 13%Same areaTop 23%CitywideTop 13%

Lot Size

Elite
11,008 sqft
0255075100
Same streetTop 35%Same areaTop 5%CitywideTop 5%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

38 Raphael Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 464 m), 1 shopping (nearest 474 m).

Search radius
🏥Healthcare1
🛒Shopping1
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%

Sales History

Sold 8/2021CA$800k–850k
Sold price

Same street

Top 19%

Same area

Top 2%

City-wide

Top 2%
Sold 6/2017CA$700k–750k
Sold price

Same street

Top 44%

Same area

Top 6%

City-wide

Top 3%

Related homes

Highlights & common questions: 38 Raphael Street, Winnipeg

Property Overview

38 Raphael Street is a spacious, modern two-storey home in Winnipeg's Fairfield Park neighbourhood. Its appeal lies in offering a combination of generous, contemporary living space on a large lot—a pairing that has become increasingly rare in newer developments. Built in 2007, the home features a renovated basement and an attached garage.

Key Characteristics & Ideal Buyer

This property stands out for its scale and position within its community. With nearly 3,000 square feet of living space, it ranks in the top 1% of homes city-wide for size, offering ample room for family life, entertaining, or dedicated work-from-home areas. The lot size of over 11,000 square feet is equally significant, placing it in the top 5% for Fairfield Park, providing substantial outdoor space for gardens, recreation, or future additions like a deck or patio suite (subject to zoning).

The home’s assessed value is in the top tier for the city, reflecting its premium attributes. Its 2007 build date means it benefits from modern construction standards while being past the stage of initial builder teething issues. Recent sale history shows strong value appreciation.

This home is ideally suited for:

  • Growing or multi-generational families seeking abundant indoor and outdoor space.
  • Buyers looking for a modern home without the premium lot price of brand-new construction, who value established neighbourhoods.
  • Those who prioritize a property with metrics (size, lot, value) that consistently perform in the elite percentiles for both the immediate area and the wider city, suggesting a sound long-term investment.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it is not just "above average." For living space, it ranks 6th largest out of 439 homes in Fairfield Park (Top 1%), and its lot size ranks 20th (Top 5%). It is a standout property within an established neighbourhood.

2. The assessed value seems high for the area. What does this indicate?
A high assessed value relative to neighbours typically reflects the property's superior attributes—in this case, its much larger square footage and lot size. It signals that the municipality views it as a premium offering within the community, which is often aligned with market value.

3. What is the significance of the large lot?
Beyond private outdoor space, a lot in the top 5% of the neighbourhood offers flexibility. It provides privacy, room for landscaping, and potential for future outdoor living features. It’s also a long-term asset, as newer subdivisions rarely offer lots of this scale.

4. The home sold in 2021 and 2017. What does the price history suggest?
The sale price increased from $740k to $820k over those four years, demonstrating solid value growth. This trend can indicate a desirable property in a stable or appreciating market segment.

5. As a 2007 build, what should I consider?
A home of this age is past the initial settlement period. Key systems (roof, HVAC, major appliances) may be approaching or in their typical lifespan for replacement, so a thorough inspection is advised to budget for any upcoming maintenance, which is normal for a home of this vintage.