15 Lafayette Bay

Fort Richmond, Winnipeg

Property score

61.2

Fair

Overall 61.2 · Smaller than most nearby homes

1,020 sqft (bottom 15%) · Built in 1970 (2 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 shop, 1 park, and 1 sports facility nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 42%Chinese · 14%

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

61.2 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,020 sqft52Fair
Year Built197052Fair
Lot Size6,379 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
Employment Health60Fair

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: #46110945

Community deep dive

$58K

Median household income

$68K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.8

P90 / P10 ratio

22%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
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

below average
1,020 sqft
0255075100
Same streetBottom 28%Same areaBottom 15%CitywideBottom 28%
Same street · Lafayette Bay
#26 / 36
Bottom 28% · Avg 1,124 sqft
Same area · Fort Richmond
#2,246 / 2,629
Bottom 15% · Avg 1,421 sqft
Citywide · Winnipeg
#139,661 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 33%Same areaBottom 26%CitywideTop 42%
Same street · Lafayette Bay
#24 / 36
Bottom 33% · Avg 394k
Same area · Fort Richmond
#1,951 / 2,629
Bottom 26% · Avg 435.7k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 42%Same areaBottom 45%CitywideTop 48%

Lot Size

above average
6,379 sqft
0255075100
Same streetBottom 47%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

15 Lafayette Bay — 6 amenities found within 500 m, across 5 categories, including 2 education (nearest 348 m), 1 shopping (nearest 412 m), 1 parks (nearest 482 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks1
💪Sports1
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 8/2020CA$350k–400k
Sold price

Same street

Top 45%

Same area

Bottom 35%

City-wide

Top 45%
Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 45%

Same area

Bottom 25%

City-wide

Top 49%

Related homes

Highlights & common questions: 15 Lafayette Bay, Winnipeg

Property Overview

15 Lafayette Bay is a well-maintained, one-storey home in Fort Richmond, built in 1970. With 1,020 sqft of living space and a renovated basement, it sits on a 6,379 sqft lot. The home has no garage or pool. Its assessed value is $38,500, and it last sold in the summer of 2020.

Key Characteristics & Appeal

This home’s primary appeal lies in its balance of modest size, a renovated basement, and a generous lot for the neighbourhood. While its living space is below average for the area, the lot size is notably larger than the city-wide average, offering valuable outdoor potential. The renovated basement adds functional living space, making the overall footprint more practical.

It presents as a solid, no-frills property that has been cared for. The data suggests it’s consistently priced and assessed in the middle of the pack for its immediate street and area, indicating stability rather than standing out as either a premium or a fixer-upper. This would suit first-time buyers, downsizers, or pragmatic investors looking for a manageable home in a stable neighbourhood without major surprises. Its appeal is for those who value a larger yard over a larger house and see potential in the existing renovations.

Frequently Asked Questions

1. Is the price competitive for the area?
Yes. The home’s assessed and recent sold prices consistently place it in the middle range for Lafayette Bay and Fort Richmond, suggesting it is priced in line with market norms for its type and condition.

2. What does "renovated basement" typically mean here?
While specifics should be verified by a viewing or inspection, in homes of this era it often means the basement has been finished into livable space, such as a family room or additional bedrooms, with updated flooring, walls, and ceilings.

3. How does the lot size compare?
The lot is a key feature. At over 6,300 sqft, it is larger than the average city lot, offering more private outdoor space than many newer properties, which is a plus for gardening, play, or expansion.

4. What are the implications of having no garage?
Buyers should plan for street parking and consider the cost of adding a shed or carport for storage. In this neighbourhood, street parking is common, but it’s a factor for vehicle security and winter convenience.

5. Where can I find exact historical sold prices?
The listing service provides estimated price ranges from public data. You can request the exact sold price history by emailing them directly, as they manually verify and provide this detail upon request.

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