147 Kings Drive

Fort Richmond, Winnipeg

Property score

88.8

Excellent

Overall 88.8 · Larger and newer than most nearby homes

3,014 sqft (top 1%) · Built in 1992 (20 yrs newer than avg)

Located in a high-income area with median household income of ~97k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Above average

112% larger than neighborhood avg.

Year Built

Above average

20 yrs newer than neighborhood avg.

Mother tongue

English · 65%Chinese · 12%

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

88.8 is composed by the two sections below.

Property Score

94.6Excellent
Living Area100
3,014 sqftExcellent
Year Built81
1992Excellent
Lot Size97
11,248 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

80.2Excellent
Household Income83
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46111011

Community deep dive

$97K

Median household income

$122K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

21%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate59%
Median age38.8
Avg household size2.7
Unemployment rate8%
Population density2304 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households21%
Couple families with children18%
Median household income (2020)$97K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority32%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 11%

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

Rankings

Living Area

Elite
3,014 sqft
0255075100
Same streetTop 11%Same areaTop 1%CitywideTop 1%
Same street · Kings Drive
#4 / 35
Top 11% · Avg 2,053 sqft
Same area · Fort Richmond
#32 / 2,629
Top 1% · Avg 1,421 sqft
Citywide · Winnipeg
#1,960 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
792k
0255075100
Same streetTop 11%Same areaTop 2%CitywideTop 2%
Same street · Kings Drive
#4 / 35
Top 11% · Avg 564.5k
Same area · Fort Richmond
#48 / 2,629
Top 2% · Avg 435.7k
Citywide · Winnipeg
#4,541 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
1992
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 21%

Lot Size

Elite
11,248 sqft
0255075100
Same streetBottom 37%Same areaTop 7%CitywideTop 4%

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

147 Kings Drive — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 275 m), 1 parks (nearest 498 m).

Search radius
🏫Education1
🌳Parks1
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 7/2022CA$900k–950k
Sold price

Same street

Top 13%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 147 Kings Drive, Winnipeg

Property Overview: 147 Kings Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home at 147 Kings Drive is a standout property defined by its generous scale and strong positional value. Its primary appeal lies in offering substantial interior space—over 3,000 square feet of living area—which places it in the top tier of homes locally, city-wide, and even on its own street. Built in 1992, it is notably newer than most comparable properties in the established Fort Richmond neighbourhood, suggesting potentially fewer major updates. The lot size is above average for the city, providing good outdoor space, though it is more standard for the immediate area. The home features an attached garage and a basement that is present but not renovated.

This property is ideally suited for buyers who prioritize space and a modern build year over a move-in-ready, fully updated condition. It would appeal to a growing family needing room to expand or to value-conscious purchasers who see potential in a solid, spacious structure and are prepared to tailor the interior to their tastes over time. Its strong assessed value and sold price metrics indicate it is perceived as a premium asset in the market, making it a candidate for buyers looking for a long-term home in a well-regarded area with strong fundamentals.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
The living area is exceptionally large. It ranks in the top 1% of all homes in Fort Richmond and city-wide Winnipeg, and is still in the top 11% even among the larger-than-average homes on Kings Drive itself.

2. The home was last sold in July 2022. What does that recent sale indicate?
The sale two years ago at a price point significantly above average suggests the property was already valued for its size and location. For a current buyer, it means the previous ownership period was relatively short, but the price provides a clear, modern benchmark for market value.

3. The basement is noted as "not renovated." What should I consider?
This confirms the lower level is functional but may require cosmetic or structural updates to modernize. It represents both a current cost-saving factor in the purchase price and future potential for added living space, utility, or value.

4. Is the lot size a pro or a con?
It depends on your priorities. The lot is above average for Winnipeg and Fort Richmond, offering good yard space. However, on Kings Drive specifically, it is around the average, meaning you get the space without necessarily standing out unusually among direct neighbours.

5. The assessed value is high. Will my property taxes be significantly higher?
Likely, yes. The assessed value places the home in the top 2% for Fort Richmond and city-wide. While assessed value is not the sole determinant of taxes, this high assessment typically correlates with above-average property tax bills, which should be factored into your budgeting.