11 Wadham Bay

Fort Richmond, Winnipeg

Property score

64.4

Fair

Overall 64.4 · Smaller than most nearby homes

933 sqft (bottom 8%) · Built in 1970 (2 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 sports facility nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 48%Chinese · 10%

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

64.4 is composed by the two sections below.

Property Score

51.6Fair
Living Area933 sqft42Low
Year Built197052Fair
Lot Size6,376 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

83.7Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress93Excellent
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: #46111016

Community deep dive

$94K

Median household income

$114K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)577
Labour force participation rate55%
Median age42.4
Avg household size3.0
Unemployment rate9%
Population density3394 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households15%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority55%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

below average
933 sqft
0255075100
Same streetBottom 21%Same areaBottom 8%CitywideBottom 19%
Same street · Wadham Bay
#31 / 39
Bottom 21% · Avg 1,227 sqft
Same area · Fort Richmond
#2,419 / 2,629
Bottom 8% · Avg 1,421 sqft
Citywide · Winnipeg
#156,789 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
391k
0255075100
Same streetBottom 31%Same areaBottom 31%CitywideTop 41%
Same street · Wadham Bay
#27 / 39
Bottom 31% · Avg 408.1k
Same area · Fort Richmond
#1,817 / 2,629
Bottom 31% · Avg 435.7k
Citywide · Winnipeg
#79,099 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetBottom 18%Same areaBottom 45%CitywideTop 48%

Lot Size

above average
6,376 sqft
0255075100
Same streetBottom 15%Same areaBottom 31%CitywideTop 24%

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 Wadham Bay — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 417 m), 1 parks (nearest 434 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1

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 6/2021CA$400k–450k
Sold price

Same street

Top 27%

Same area

Top 33%

City-wide

Top 31%
Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 27%

Same area

Bottom 19%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 11 Wadham Bay, Winnipeg

Property Overview

This 1970 bi-level home at 11 Wadham Bay in Fort Richmond presents a practical opportunity in a well-established neighborhood. With 933 sqft of living space and a renovated basement, it sits on a 6,376 sqft lot. The home features an attached garage and no pool. Its assessed value is consistent with the local area, and it has changed hands a couple of times in recent years.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its efficiency and location. The renovated basement adds functional living space, making the home feel larger than its square footage suggests. It sits on a lot that is notably larger than the Winnipeg city-wide average, offering good outdoor potential for its footprint.

This home would best suit first-time buyers, downsizers, or pragmatic investors looking for an entry point into the stable Fort Richmond area. Its below-average living space compared to immediate neighbors means it’s a more manageable property, potentially appealing to those seeking lower maintenance without sacrificing a good-sized yard. The value is squarely average for the street and neighborhood, suggesting it’s priced without a premium, which could be attractive to a budget-conscious buyer who sees potential in the existing renovations and lot size.

Section 2: Frequently Asked Questions

1. Is the living space too small?
While the living area is below average for both the street and Fort Richmond, the presence of a renovated basement significantly expands the usable space. Buyers should consider the total functional footprint, not just the main floor square footage.

2. How does the assessed value relate to the likely selling price?
The assessed value of $39,100 is around average for the area. Recent sale history shows it sold between $31.5k-$34.5k in 2017 and $39.5k-$42.5k in 2021. This trajectory and current assessments provide a grounded baseline for market value.

3. What are the implications of the lot size?
The lot is larger than the city-wide average but smaller than most on the street. This means you get more outdoor space than many Winnipeg properties, but there may be less privacy or room for expansion compared to some direct neighbors.

4. What does the "below average" year built ranking mean?
Built in 1970, it is slightly older than most homes on Wadham Bay. This isn't unusual for the area, but it does indicate that major original components (like the roof, windows, or foundation) are likely within a typical maintenance or replacement window for a home of this age.

5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide them manually via email upon request, with a commitment not to use your email for unsolicited marketing.

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