Property score
77.5
Good
Overall 77.5 · Smaller than most nearby homes
1,253 sqft (bottom 9%) · Built in 2006 (1 yr 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
Below average
33% smaller than neighborhood avg.
Year Built
Below average
1 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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77.5 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
42 Wayfield Drive — 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 | Top 35% | Top 44% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 42 Wayfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Fairfield Park offers a practical, modern layout built in 2006. Its key features include a renovated basement and an attached garage. With 1,253 sqft of living space, the home is notably cozier than most in its immediate neighborhood and street, which typically feature larger homes. This presents a unique value perspective: while it ranks below average for size and assessed value within Fairfield Park, its city-wide assessment is above average, suggesting its value proposition is stronger when viewed beyond the immediate area.
The appeal lies in its balance. It’s a relatively contemporary home (newer than 86% of Winnipeg properties) on a standard-sized lot, requiring less upkeep than an older property or a vast yard. The renovated basement adds functional living space. It’s ideally suited for first-time buyers, downsizers, or investors seeking a modern, low-maintenance property in an established neighborhood without paying a premium for the largest home on the block. It’s a smart choice for those who prioritize a newer building envelope and interior updates over sheer square footage.
Section 2: Frequently Asked Questions
1. Is this home a good value for the neighborhood?
The data suggests it is priced below the neighborhood average for assessed value. For a buyer, this could mean an opportunity to enter Fairfield Park at a relatively accessible point, especially with the benefit of a newer build and renovations already completed.
2. How does the living space compare to nearby homes?
At 1,253 sqft, the living area is smaller than the typical home on Wayfield Drive and in Fairfield Park. This contributes to its lower assessment within the area but also implies lower utility costs and less space to maintain.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the home's full functional space and quality.
4. The home sold in August 2022 for $550k. What does that mean for today's price?
The 2022 sale price provides historical context, but the current assessed value is $490k. Market conditions, interest rates, and property updates since the last sale will be the primary drivers of the current listing price.
5. How does this property rank city-wide?
Compared to all Winnipeg homes, it ranks above average for assessed value (top 21%) and is much newer than most (top 14%). This indicates that its modern age and valuation hold up well across the broader market, even if it’s a more modest offering within its own desirable neighborhood.
