Property score
82.6
Excellent
Overall 82.6 · Larger than most nearby homes
2,923 sqft (top 1%) · Built in 1970 (2 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Above average
106% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 53%Chinese · 15%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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82.6 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: #46111010
$72K
Median household income
$106K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.4
P90 / P10 ratio
34%
Single-person households
10%
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
116 Kings Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 368 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 27% | Top 2% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 116 Kings Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond is defined by its generous living space and established neighborhood setting. Its nearly 3,000 sqft of living area places it in the top tier of homes locally, offering ample room for family life, entertaining, or dedicated work-from-home spaces. A key feature is the renovated basement, which adds significant modernized living area. The home sits on a well-sized lot that is above average for the city, providing good outdoor space, though it is more modest compared to some larger properties on the same street.
The appeal lies in acquiring a spacious, solidly built (1970) home in a mature area, where the interior space significantly outpaces local and city-wide averages. It suits buyers looking for a "move-in ready" size without necessarily needing a massive yard, such as growing families, professionals who value dedicated office space, or those downsizing from an even larger property who still want ample room. A thoughtful perspective is that its above-average city-wide land area, combined with its elite ranking for living space in Fort Richmond, suggests a property that maximizes its usable footprint efficiently. The attached garage and recent sale in mid-2024 also indicate a turnkey property in a stable market.
Frequently Asked Questions
1. How does the lot size compare?
While the 8,667 sqft lot is above average for both Fort Richmond and Winnipeg overall, it is below the average for Kings Drive itself, where many properties are larger. This suggests a home that prioritizes interior space over extensive grounds.
2. What does the "Elite" ranking for Living Area mean?
It means this home is in the top 1% of all homes in Fort Richmond by square footage, and also the top 1% city-wide. This is the property's most standout statistical feature, indicating exceptional interior size for the area.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value (for tax purposes) is $60.40k, but the home sold for between $655k and $685k in June 2024. Always rely on recent sale prices and a professional appraisal for market value.
4. What is the significance of the renovated basement?
It adds modern, finished living space to an already large home. This increases its functionality and appeal, likely contributing to its "move-in ready" status and recent sale price.
5. Who would this home not suit?
Buyers seeking a very new build, those who prioritize a vast, sprawling yard above all else, or anyone looking for a project home. This is a spacious, established property with modernized touches, not a full renovation candidate or a brand-new construction.
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