Property score
78.0
Good
Overall 78.0 · Newer than most nearby homes
1,526 sqft (top 32%) · Built in 1976 (4 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 64%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
78.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110967
$108K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
11%
Single-person households
34%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
115 Valence Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 466 m), 3 parks (nearest 239 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 9% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
115 Valence Avenue is a well-maintained one-storey home in Fort Richmond, built in 1976. It features an attached garage and a renovated basement. The home stands out for its above-average living space (1,526 sq ft) and a notably high assessed value relative to its street and neighborhood, suggesting it has been updated or is in superior condition. While the lot size is slightly smaller than others on the street, the home itself ranks highly in key metrics like living area, year built, and value for its immediate area. Its appeal lies in offering move-in-ready space in a mature neighborhood, with the renovation work already completed. This property would suit practical buyers looking for a single-level layout, those who value a home with modernized fundamentals over a large yard, and investors or homeowners attracted by a strong assessed value that indicates a solid history of maintenance and upgrades.
Key Details & Questions
What are the key features of the home?
This is a one-storey (bungalow) home with an attached garage and a renovated basement. The living space is notably larger than many comparable homes in the area.
How does it compare in size and value to nearby properties?
The home ranks in the top quarter for both living area and assessed value on its own street and in Fort Richmond. This means it offers more interior space and holds a higher value assessment than most of its neighbors. The lot, however, is somewhat smaller than others on Valence Avenue.
What does the sold price history indicate?
Public records show it last sold between late 2021 and early 2022. The sale price range from that period aligns with its current above-average assessed value, indicating a history of value retention.
Is the year built a concern?
Built in 1976, this home is newer than most on its street and in Winnipeg overall. While major components like the roof and mechanical systems will be age-appropriate, its relative newness for the area can be a positive factor for longevity and modern layouts.
Who would this home be a good fit for?
It's an excellent fit for buyers seeking the convenience of single-level living, those who prefer a renovated space without immediate projects, and savvy purchasers who recognize the value in a home that outperforms its immediate peers in key metrics like space and assessment.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
