54 Wayfield Drive

Fairfield Park, Winnipeg

Property score

80.7

Excellent

Overall 80.7 · Smaller than most nearby homes

1,434 sqft (bottom 18%) · Built in 2006 (1 yr 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

Below average

24% 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)

Sold Count

216

Median price

820k

$/sqft

$344/sqft

Avg build year

2005

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Property score

80.7 is composed by the two sections below.

Property Score

77.8Good
Living Area75
1,434 sqftGood
Year Built90
2006Excellent
Lot Size67
5,439 sqftGood
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

around average
1,434 sqft
0255075100
Same streetBottom 21%Same areaBottom 18%CitywideTop 34%
Same street · Wayfield Drive
#84 / 107
Bottom 21% · Avg 1,700 sqft
Same area · Fairfield Park
#362 / 439
Bottom 18% · Avg 1,878 sqft
Citywide · Winnipeg
#66,145 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
520k
0255075100
Same streetBottom 37%Same areaBottom 29%CitywideTop 17%
Same street · Wayfield Drive
#67 / 107
Bottom 37% · Avg 533.9k
Same area · Fairfield Park
#313 / 439
Bottom 29% · Avg 568k
Citywide · Winnipeg
#32,505 / 194,458
Top 17% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetBottom 47%Same areaBottom 35%CitywideTop 14%

Lot Size

around average
5,439 sqft
0255075100
Same streetBottom 38%Same areaBottom 40%CitywideTop 45%

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

54 Wayfield Drive — 2 amenities found within 500 m, across 1 categories.

Search radius
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 6/2023CA$550k–600k
Sold price

Same street

Top 29%

Same area

Top 40%

City-wide

Top 10%

Related homes

Highlights & common questions: 54 Wayfield Drive, Winnipeg

Property Overview: 54 Wayfield Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in Fairfield Park offers a practical and modern living space. Built in 2006, it features 1,434 sqft of living area, a renovated basement, and an attached garage on a standard city lot. Its core appeal lies in its balance: it’s a newer, turn-key property in a settled neighbourhood without the premium price of a brand-new build. The renovated basement adds valuable flexible space, ideal for a family room, home office, or guest suite.

The home’s metrics reveal thoughtful nuances. While its size is modest for the immediate area, it stands above the Winnipeg average, suggesting efficient use of space. Its assessed value is notably strong citywide, indicating solid underlying value compared to the broader market. This combination makes it particularly suited for first-time buyers seeking a move-in-ready home, downsizers looking for single-level living without sacrificing space, or pragmatic investors attracted by its modern amenities and competitive positioning in the city’s valuation landscape.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is around average for its street but below the average for the wider Fairfield Park area. However, citywide, it ranks in the top 17%, meaning it holds its value very well compared to the average Winnipeg home.

2. Is the living space smaller than other homes nearby?
Yes, at 1,434 sqft, the living area is below the current average for both Wayfield Drive and Fairfield Park. This suggests a more efficient, potentially easier-to-maintain footprint compared to larger homes in the neighbourhood.

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 listing agent to understand the quality and functionality of the space.

4. The home sold recently in June 2023. What does that mean?
The previous sale provides a very recent market price point (approximately $56.20k higher than the current assessed value), offering a clear benchmark for how the market valued the property just a year ago, which is useful for understanding current pricing.

5. How does the year built affect this property?
Built in 2006, the home is significantly newer than the average Winnipeg home (1966). This typically suggests more modern construction standards, wiring, and major systems, potentially reducing immediate repair costs while still allowing any early-build issues to have been addressed by previous owners.