Property score
91.8
Excellent
Overall 91.8 · Larger and newer than most nearby homes
2,729 sqft (top 4%) · Built in 2008 (3 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 place of worships nearby
Living Area
Above average
45% larger than neighborhood avg.
Year Built
Above average
3 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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91.8 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
48 Raphael Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 479 m), 1 shopping (nearest 490 m).
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 31% | Top 6% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
48 Raphael Street is a spacious, modern two-storey home in Winnipeg's Fairfield Park neighbourhood. Built in 2008, it features 2,729 square feet of living space, an attached garage, and a renovated basement. The property sits on a large 13,239 sqft lot, offering ample outdoor space. Its last recorded sale was in September 2017 for $750,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its above-average size and modern construction within a well-established area. With living space ranking in the top 4% of its neighbourhood and top 2% city-wide, it offers substantial room for a growing family or those who value spacious interiors. The lot size is particularly notable, placing in the top 1% of Fairfield Park, providing rare potential for gardens, recreation, or future expansion.
Its 2008 build date means it’s a relatively newer home, likely requiring fewer immediate major repairs compared to Winnipeg’s older housing stock. The renovated basement adds functional living space. The property’s assessed value consistently ranks in the elite tiers across all comparisons, suggesting it is a substantial and valued asset within its market.
This home would best suit buyers looking for a move-in ready, large family home in a quiet neighbourhood, who also prioritize a generous yard. It appeals to those seeking a property that stands out in both scale and modernity within its local context, without venturing into brand-new subdivisions.
Frequently Asked Questions
1. How does the 2017 sale price of $750,000 relate to its current value?
The 2017 sale price is a historical data point. Current market value is determined by recent comparable sales, condition, and market trends. The assessed value is for tax purposes and is not an appraisal of market value.
2. What does the "elite" or "top %" ranking actually mean?
These rankings compare this specific property against similar homes on its street, in Fairfield Park, and across all of Winnipeg. For example, a "top 1%" rank for land area in Fairfield Park means 99% of comparable homes in the neighbourhood sit on smaller lots.
3. Are there any concerns with a house built in 2008?
While modern, a 16-year-old home will have components approaching the end of their service life. A thorough inspection should check the roof, major appliances, HVAC system, and any original windows or exterior finishes.
4. What is the significance of having such a large lot?
Beyond privacy and space, a large lot in an established area offers long-term flexibility. It could accommodate additions like a deck, shed, or swimming pool, and may have greater potential for subdivision or redevelopment, subject to city zoning.
5. The assessed value seems low compared to the last sale price. Why?
Municipal assessed values in Manitoba are often significantly lower than market sale prices. They are calculated using mass appraisal techniques for taxation, not to reflect real-time market value. The key metric is its ranking compared to other homes, which indicates it is considered a high-value property relative to its peers.
