115 Acadia Bay

Fort Richmond, Winnipeg

Property score

73.1

Good

Overall 73.1 · Compared with neighbourhood average

1,238 sqft (bottom 45%) · Built in 1969 (3 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Below average

3 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

73.1 is composed by the two sections below.

Property Score

66.0Good
Living Area1,238 sqft66Good
Year Built196952Fair
Lot Size6,375 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

around average
1,238 sqft
0255075100
Same streetBottom 46%Same areaBottom 45%CitywideTop 47%
Same street · Acadia Bay
#26 / 48
Bottom 46% · Avg 1,353 sqft
Same area · Fort Richmond
#1,455 / 2,629
Bottom 45% · Avg 1,421 sqft
Citywide · Winnipeg
#90,704 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 23%Same areaBottom 26%CitywideTop 42%
Same street · Acadia Bay
#37 / 48
Bottom 23% · Avg 409.4k
Same area · Fort Richmond
#1,951 / 2,629
Bottom 26% · Avg 435.7k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1969
0255075100
Same streetTop 25%Same areaBottom 39%CitywideTop 49%

Lot Size

above average
6,375 sqft
0255075100
Same streetBottom 35%Same areaBottom 30%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

115 Acadia Bay — 7 amenities found within 500 m, across 4 categories, including 3 education (nearest 95 m), 2 parks (nearest 229 m).

Search radius
🏫Education3
🌳Parks2
💪Sports1
Worship1

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 5/2023CA$350k–400k
Sold price

Same street

Top 42%

Same area

Top 46%

City-wide

Top 37%

Related homes

Highlights & common questions: 115 Acadia Bay, Winnipeg

Property Overview: 115 Acadia Bay, Fort Richmond

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical and straightforward property built in 1969. With 1,238 sqft of living space and a renovated basement, it offers functional, single-level living on a solid 6,375 sqft lot. Its assessed value is notably below average for its immediate street and neighbourhood, which can indicate a more accessible entry point into the area.

The appeal lies in its uncomplicated layout and its position as a relative value within a well-established community. The renovated basement adds flexible living space, a significant asset in a bungalow. While it lacks a garage or pool, the lot size is above average city-wide, offering good outdoor potential.

This home would best suit first-time buyers, downsizers looking for minimal stairs, or value-focused investors. It’s for someone who prioritizes location and lot size over modern finishes or high-end features, and who sees potential in a home that is competitively positioned price-wise within its own community.

Section 2: Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It primarily suggests the home is priced more accessibly than many neighbours, which can be an advantage. It may reflect the home’s specific condition, features, or previous sale history. Always verify with a current appraisal and home inspection.

2. What are the implications of the home’s age (built 1969)?
You benefit from a mature neighbourhood and lot, but should budget for age-related updates. Key systems like plumbing, electrical, and the roof should be carefully inspected. The renovated basement is a plus, but ensure renovations were permitted and meet current standards.

3. How does the lack of a garage affect daily life and value?
It means relying on driveway parking, which is standard for many older homes in the area. For some buyers, this is a trade-off for the larger lot. Adding a garage in the future may be possible, subject to local bylaws.

4. The home ranks well for its year built on the street. What does that mean?
This statistical note is subtle but positive. It indicates that, compared to other homes on Acadia Bay, this one is slightly newer than most. In a neighbourhood of similar-aged homes, even a few years’ difference can sometimes mean updates to building materials or design.

5. Where can I find the exact historical sale price?
The listed sale range is based on public data. The exact sale price from May 2023 is available by request from the listing source, as noted in the details. This is a common practice to ensure data accuracy before it’s published.

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