Property score
87.5
Excellent
Overall 87.5 · Newer than most nearby homes
1,959 sqft (top 44%) · Built in 2007 (2 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Near average
4% 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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87.5 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
7 Langley Bay — 1 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 14% | Top 20% | Top 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Bottom 31% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Langley Bay, Fairfield Park, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fairfield Park is a solid, well-positioned property built in 2007. With 1,959 sqft of living space and an attached garage, it offers practical family-sized accommodation. Its key appeal lies in its balance and established context. The home sits on a standard city lot and features a renovated basement, adding valuable finished space.
Statistically, the property consistently performs "around average" for its immediate street and neighborhood in terms of size, land, and assessed value, but it stands out as "above average" citywide. This suggests you're getting a home that fits comfortably within a stable, mature area rather than an outlier. Its 2007 build date is notably newer than the Winnipeg city-wide average, offering more modern construction without being brand new.
This home would suit buyers looking for a move-in ready, low-drama property in a settled community. It’s ideal for those who value being in line with neighborhood norms—not the biggest or most expensive on the block, but a comfortable and competitive offering. The renovated basement adds functional flexibility for a growing family, a home office, or recreational space.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it is very typical for Langley Bay and Fairfield Park in terms of living space, lot size, and value. Its strength is consistency; it's a representative home for the area, not an under or over-performer.
2. The assessed value seems low. Is that accurate?
The assessed value figures shown (e.g., $57.70k) are for comparison ranking purposes only and do not reflect market value or municipal property tax assessment. The rankings indicate that for its comparison group, this home's assessed value is above average citywide.
3. What does the sold price history indicate?
The home sold recently in July 2024. The price range shown places it in the top 6% citywide for that sale period, suggesting strong market performance compared to all Winnipeg sales at that time.
4. Is the 2007 build date a significant advantage?
Yes, particularly from a city-wide perspective. It ranks in the top 13% for age, meaning it is significantly newer than most Winnipeg homes, which could imply fewer immediate major repairs or updates compared to older stock.
5. What is the potential downside of a home that is "average" for the street?
While it indicates stability, it also means the home doesn't have a standout feature (like an exceptionally large lot or premium upgrade) that would dramatically differentiate it from neighbors. Its value appreciation will likely be closely tied to the overall neighborhood trend.
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