Photo: KenWalker · CC BY-SA 4.0Homes in Fairwinds sell for 64% more than the median of British Columbia’s towns
Going by owners’ own estimates in 2021, the typical home is worth $900,000, the average one $1,007,000. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. For 2024, the median assessed value of a residential property is $1,170,000.
Three ways to price a home in Fairwinds
Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $1.01M
- Owners
- 2,785
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $1.19M
- ÷ buyers’ income
- 6.5×
- Buyers
- 245
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Fairwinds’s detached houses are assessed 67% above the median of British Columbia’s towns
In 2024, Fairwinds had 3,115 residential properties on the roll, detached houses 86% of them and condos 3%.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
A town of houses: 86% of the homes in Fairwinds stand alone (British Columbia’s towns: 62%)
People lived in 3,070 homes in Fairwinds at the 2021 census. Half went up before 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Fairwinds | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 6% | 10% | 8% |
| Needing major repairs | 3% | 6% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 3% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Fairwinds is dearer than most of British Columbia’s towns: 25% above their $720,000 median
The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Fairwinds: Lantzville, Parksville and Electoral Area G, Nanaimo
The places around Fairwinds at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fairwinds | $900K | $1.01M | 91% | |
| Lantzville | $850K | $976K | 87% | 7.6 |
| Parksville | $600K | $595K | 73% | 11.7 |
| Electoral Area G, Nanaimo | $750K | $817K | 91% | 15.1 |
| Electoral Area C, Nanaimo | $900K | $984K | 84% | 15.2 |
| Nanaimo | $600K | $626K | 67% | 17.4 |
Census 2021 values; km.
Questions about property prices in Fairwinds
How many households in Fairwinds are in core housing need?
Statistics Canada puts 3% of Fairwinds’s households in core housing need, a smaller share than the 10% of British Columbia’s towns.
What is the average house price in Fairwinds?
An average of $1,190,000 in 2023, with the median sale at 6.5 times the buyer’s income.
Is Fairwinds expensive for British Columbia?
More than most: British Columbia’s towns have a median of $720,000, and Fairwinds sits above it.
Can I see individual sales or prices by street?
No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).