11 Vassar Road

Fort Richmond, Winnipeg

Property score

78.4

Good

Overall 78.4 · Compared with neighbourhood average

1,470 sqft (top 37%) · Built in 1969 (3 yrs older than avg)

Located in a high-income area with median household income of ~113k

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

78.4 is composed by the two sections below.

Property Score

72.9Good
Living Area1,470 sqft75Good
Year Built196952Fair
Lot Size7,509 sqft91Excellent
Neighbourhood Sales Activity78Good

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (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: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,470 sqft
0255075100
Same streetBottom 30%Same areaTop 37%CitywideTop 32%
Same street · Vassar Road
#7 / 10
Bottom 30% · Avg 1,625 sqft
Same area · Fort Richmond
#983 / 2,629
Top 37% · Avg 1,421 sqft
Citywide · Winnipeg
#62,677 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
513k
0255075100
Same streetTop 10%Same areaTop 11%CitywideTop 18%
Same street · Vassar Road
#1 / 10
Top 10% · Avg 472.1k
Same area · Fort Richmond
#286 / 2,629
Top 11% · Avg 435.7k
Citywide · Winnipeg
#34,490 / 194,458
Top 18% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetBottom 1%Same areaBottom 39%CitywideTop 49%

Lot Size

above average
7,509 sqft
0255075100
Same streetTop 20%Same areaTop 23%CitywideTop 13%

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

11 Vassar Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 80 m).

Search radius
🌳Parks3

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 1/2016CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 28%

City-wide

Top 48%

Related homes

Highlights & common questions: 11 Vassar Road, Winnipeg

Property Overview: 11 Vassar Road, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This one-storey home in Fort Richmond is a study in solid value and potential. Built in 1969, its primary appeal lies not in being the newest, but in offering a well-proportioned package on a generous lot. With 1,470 sqft of living space, it sits comfortably around the average for the area, but it distinguishes itself with a notably large, 7,509 sqft lot—placing it in the top 20% on its street and top 13% citywide. This above-average outdoor space is a significant asset for privacy, gardening, or future expansion.

The home’s renovated basement adds functional living space, and its attached garage provides practical convenience. The assessed value is a standout feature, ranking in the top 10% on Vassar Road and top 11% in Fort Richmond, suggesting the property is viewed favorably relative to its peers, which could be due to its condition, lot size, or location.

This property would suit a practical buyer who values space over flash. It’s ideal for someone looking for a manageable single-level layout with the bonus of a developed basement, or for a buyer who sees the large lot as a long-term asset—whether for enjoying now or for its future development potential. It represents a grounded choice in a mature neighborhood.

Frequently Asked Questions

1. What does the high assessed value ranking actually mean?
It indicates that the municipal assessment for this home is higher than most comparable properties in its immediate area and across Fort Richmond. This often reflects desirable attributes like lot size, renovations, or location within the neighborhood, but it’s important to distinguish assessed value (for taxes) from current market value.

2. Is the living space sufficient for a growing family?
At 1,470 sqft across the main floor and renovated basement, the home offers functional space. The single-storey main floor layout may require thoughtful organization for a family, but the basement provides crucial extra room for recreation or guests.

3. What are the implications of the larger-than-average lot?
Beyond more yard space, a larger lot in a mature neighborhood like Fort Richmond can offer greater privacy from neighbors, more landscaping possibilities, and could be a factor in future resale value or redevelopment potential, subject to local zoning.

4. As one of the older homes on the street, what should I consider?
While the systems and structure of a 1969 home will be older, this can sometimes mean simpler, more robust construction. A key focus would be on the condition and age of major updates, such as the roof, windows, heating system, and the specifics of the basement renovation (e.g., moisture proofing).

5. How does the sold price history from 2016 relate to today’s value?
The sold price from nearly a decade ago provides context for the property’s history but does not reflect current market conditions. It’s most useful for understanding long-term trends in the area rather than for determining a present-day offer price.

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