14 Cornell Drive

Fort Richmond, Winnipeg

Property score

76.2

Good

Overall 76.2 · Older than most nearby homes

1,482 sqft (top 36%) · Built in 1965 (7 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 61%Chinese · 13%

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

76.2 is composed by the two sections below.

Property Score

70.2Good
Living Area1,482 sqft75Good
Year Built196546Low
Lot Size6,379 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

85.3Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111014

Community deep dive

$98K

Median household income

$110K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

25%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)605
Labour force participation rate64%
Median age40.8
Avg household size2.7
Unemployment rate7%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children27%
Median household income (2020)$98K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

around average
1,482 sqft
0255075100
Same streetTop 32%Same areaTop 36%CitywideTop 32%
Same street · Cornell Drive
#9 / 28
Top 32% · Avg 1,383 sqft
Same area · Fort Richmond
#953 / 2,629
Top 36% · Avg 1,421 sqft
Citywide · Winnipeg
#61,458 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
365k
0255075100
Same streetBottom 11%Same areaBottom 12%CitywideTop 49%
Same street · Cornell Drive
#25 / 28
Bottom 11% · Avg 417.3k
Same area · Fort Richmond
#2,308 / 2,629
Bottom 12% · Avg 435.7k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,379 sqft
0255075100
Same streetBottom 43%Same areaBottom 32%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

14 Cornell Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 311 m).

Search radius
🌳Parks2
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 6/2019CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 17%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 14 Cornell Drive, Winnipeg

Property Overview: 14 Cornell Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This 4-level split home, built in 1965, presents a practical opportunity in the established Fort Richmond neighborhood. With 1,482 sqft of living space and a recently renovated basement, it offers functional space for a family. The lot size of 6,379 sqft is notably above the city-wide average, providing generous outdoor space relative to many Winnipeg homes.

The primary appeal lies in its value positioning. The home's assessed value is below average for its immediate street and neighborhood, which can signal an entry point into a desirable area or represent a property with untapped potential. It suits buyers who prioritize lot size and location over turn-key perfection—ideal for a handy homeowner comfortable with gradual updates, or an investor seeking a property with solid fundamentals in a stable community. Its "around average" size and vintage suggest it's a straightforward, no-frills home where the value is derived from the land and location rather than high-end finishes.

Section 2: Frequently Asked Questions

1. Why is the assessed value below the neighborhood average?
A below-average assessment can stem from several factors, including the home's specific condition, layout, or features relative to updated homes on the same street. It doesn't necessarily reflect the property's market value but can influence property taxes.

2. What are the implications of a 4-level split design?
This style, common in its era, offers good separation of living spaces and can be energy-efficient. However, the multiple short flights of stairs may not suit those seeking single-level living or with mobility concerns.

3. The home last sold in 2019. What should I consider?
Given the sale was several years ago, significant changes in market conditions and possibly the property itself have occurred. It’s crucial to investigate any renovations, maintenance, or issues addressed since that time.

4. How does the above-average lot size benefit a buyer?
A larger lot in an older neighborhood like Fort Richmond offers more privacy, space for gardens or recreation, and potential for future additions like a garage or deck, which can be a long-term value driver.

5. The data shows "renovated basement." What details should I ask for?
Always request specifics: when the renovation was done, whether permits were obtained, the quality of materials used, and if it addressed foundational moisture or insulation issues common in basements of this age.

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