Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Lee Boulevard): Below Average. Ranked #158 out of 189 (Bottom 16%). The street average for comparable homes is 1,247 sqft.
Neighborhood Level (Fairfield Park): Below Average. Ranked #481 out of 663 (Bottom 27%). The neighborhood average for comparable homes is 1,111 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #16,752 out of 26,841 (Bottom 38%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Lee Boulevard): Below Average. Ranked #148 out of 189 (Bottom 22%). The street average for comparable homes is 378.3k.
Neighborhood Level (Fairfield Park): Around Average. Ranked #329 out of 663 (Top 50%). The neighborhood average for comparable homes is 331.0k.
Citywide Level (Winnipeg): Around Average. Ranked #8,125 out of 26,841 (Top 30%). The citywide average for comparable homes is 276.9k.
Street Level (Lee Boulevard): Above Average. Ranked #1 out of 189 (Top 1%). The street average for comparable homes is 2017.
Neighborhood Level (Fairfield Park): Above Average. Ranked #1 out of 663 (Top 0%). The neighborhood average for comparable homes is 2014.
Citywide Level (Winnipeg): Above Average. Ranked #2,121 out of 26,841 (Top 8%). The citywide average for comparable homes is 1990.
Fairfield Park market pulse
How to read: Share of sales in each ~$50k price band for “fairfield park” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
711-1355 Lee Boulevard — 1 amenities found within 500 m, across 1 categories.
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
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Similar assessed value
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Is this home right for you?
Property Overview
This 896 sqft condo at 711-1355 Lee Boulevard in Fairfield Park is a modern, low-maintenance property built in 2018. Its key appeal lies in being a relatively new build within a city where the average home is decades older, offering a move-in-ready condition without the concerns or immediate costs of an aging structure. The assessed value is notably above the Winnipeg average, yet it remains one of the more accessible price points within its own newer building complex. It suits first-time buyers seeking a modern home without a hefty renovation budget, downsizers looking for a manageable space with contemporary finishes, or pragmatic investors attracted to a newer asset with potentially lower maintenance costs.
While the living space is compact compared to other units on Lee Boulevard, this translates to a more efficient and affordable heating/cooling footprint. The recent sale history shows stable value appreciation, and owning one of the newest units in the area provides a sense of durability and modern efficiency that older homes can't match. It’s a practical choice for those who prioritize modern construction and financial predictability over sheer square footage.
Frequently Asked Questions
1. Is this a good value compared to other homes in Winnipeg?
Yes, from a city-wide perspective. Its assessed value ranks in the top 26%, meaning it's valued higher than about 74% of Winnipeg properties, which reflects its modern build year. However, it's priced below the average for similar properties on Lee Boulevard itself, potentially offering relative value within its immediate location.
2. How does the living space compare to nearby homes?
At 896 sqft, the unit is more compact than the average condo both on Lee Boulevard and in the Fairfield Park area. This makes it efficient and easier to maintain, but buyers seeking more spacious rooms or storage should be aware it's on the smaller side for the neighbourhood.
3. What does the sale history indicate?
The property sold in October 2024 for $30,500 and previously in February 2019 for $26,500. This shows steady appreciation over a 5.5-year period, suggesting a stable investment in a newer building.
4. Who is the typical buyer for a property like this?
It's well-suited for first-time homeowners wanting a modern, low-maintenance start, downsizers moving from a larger house, or investors looking for a newer condo that might attract tenants seeking updated amenities without high upkeep.
5. What are the less obvious advantages of this specific unit?
Its 2018 build year is a significant advantage in a city with an average home built in 1990. This means major components like roofing, windows, and mechanical systems are newer and likely more energy-efficient, offering long-term savings and reliability that aren't always apparent in listing photos.