146 Valence Avenue

Fort Richmond, Winnipeg

Property score

80.1

Excellent

Overall 80.1 · Larger and newer than most nearby homes

1,799 sqft (top 16%) · Built in 1975 (3 yrs newer than avg)

Located in a high-income area with median household income of ~108k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

27% larger than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 9%

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

80.1 is composed by the two sections below.

Property Score

80.3Excellent
Living Area1,799 sqft86Excellent
Year Built197558Fair
Lot Size7,258 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

79.7Good
Household Income88Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

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: #46110967

Community deep dive

$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

Population, labour & age

Population (2021)558
Labour force participation rate50%
Median age39.6
Avg household size3.2
Unemployment rate8%
Population density2790 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households11%
Couple families with children34%
Median household income (2020)$108K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority34%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 63%
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

above average
1,799 sqft
0255075100
Same streetTop 12%Same areaTop 16%CitywideTop 17%
Same street · Valence Avenue
#5 / 43
Top 12% · Avg 1,396 sqft
Same area · Fort Richmond
#426 / 2,629
Top 16% · Avg 1,421 sqft
Citywide · Winnipeg
#33,515 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
464k
0255075100
Same streetTop 30%Same areaTop 23%CitywideTop 26%
Same street · Valence Avenue
#13 / 43
Top 30% · Avg 441k
Same area · Fort Richmond
#598 / 2,629
Top 23% · Avg 435.7k
Citywide · Winnipeg
#50,419 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 9%Same areaTop 24%CitywideTop 40%

Lot Size

above average
7,258 sqft
0255075100
Same streetTop 7%Same areaTop 28%CitywideTop 15%

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

146 Valence Avenue — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 367 m), 4 parks (nearest 260 m).

Search radius
🏫Education1
🌳Parks4

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 1/2021CA$400k–450k
Sold price

Same street

Top 44%

Same area

Top 35%

City-wide

Top 32%

Related homes

Highlights & common questions: 146 Valence Avenue, Winnipeg

Property Overview: 146 Valence Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This 1975 four-level split home at 146 Valence Avenue presents a compelling opportunity in Winnipeg's Fort Richmond neighborhood. Its primary appeal lies in offering above-average space and land size for the area. With 1,799 sqft of living area and a 7,258 sqft lot, the home ranks in the top 12% and 7%, respectively, for its immediate street—providing more room than most comparable properties. The house features both an attached and a detached garage, adding significant utility and storage options. A renovated basement is a noted highlight, suggesting modernized living space.

The home’s assessed value is solidly above average for the neighborhood, indicating a history of maintained or improved value. It suits buyers looking for a well-established community with larger, family-friendly lots, and those who value the flexibility of multiple garage spaces and a finished lower level. It’s particularly suited for someone who appreciates a home that stands out in its immediate vicinity for sheer physical footprint and who may want room for projects, gardening, or expansion. A less obvious perspective is that a home from this era on a larger lot may offer simpler renovation or expansion potential compared to newer, more densely packed subdivisions.


Frequently Asked Questions

1. How does the living space compare to other homes nearby?
At 1,799 sqft, this home offers significantly more living area than the average for both Valence Avenue and the wider Fort Richmond area, placing it in the top 12-17% of homes locally.

2. What does the "above average" assessed value mean?
An assessed value in the top 23-30% for the area suggests the property has been valued higher than most of its peers, often reflecting its larger size, renovations, or desirable attributes as determined for municipal tax purposes.

3. Is the lot size a notable feature?
Yes. The 7,258 sqft lot is notably larger than most on the street (top 7%) and in the city overall (top 15%), offering more outdoor space than is typical for many Winnipeg homes.

4. What are the garage details?
The property includes both an attached and a detached garage. This is a valuable feature for households with multiple vehicles, needing workshop space, or wanting ample storage.

5. Where can I find the exact historical sale price?
The listed sale history shows a range. The exact sold price is available by emailing the provided service. They manually provide the precise figure from their records, typically by the end of the same business day.

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