15 Ryerson Avenue

Fort Richmond, Winnipeg

69.2

Good

Overall 69.2

Smaller than most nearby homes

1,065 sqft (bottom 20%)

Built in 1973 (1 yr newer than avg)

Located in a high-income area

with median household income of ~111k

Transit 70.0

1-min walk to transit with 1 nearby route

Within 500m: 1 school, and 1 park nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 57%Chinese · 11%

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

69.2 is composed by the two sections below.

Property Score

59.9Fair
Living Area1,065 sqft52Fair
Year Built197358Fair
Lot Size7,198 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

83.1Excellent
Household Income89Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
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: #46110943

Community deep dive

$111K

Median household income

$132K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

9%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)328
Labour force participation rate67%
Median age39.2
Avg household size3.0
Unemployment rate15%
Population density3280 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households9%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority36%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Chinese · 10%

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

Rankings

Living Area

around average
1,065 sqft
0255075100
Same streetBottom 20%Same areaBottom 20%CitywideBottom 35%
Same street · Ryerson Avenue
#32 / 40
Bottom 20% · Avg 1,275 sqft
Same area · Fort Richmond
#2,114 / 2,629
Bottom 20% · Avg 1,421 sqft
Citywide · Winnipeg
#126,115 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
402k
0255075100
Same streetBottom 43%Same areaBottom 40%CitywideTop 38%
Same street · Ryerson Avenue
#23 / 40
Bottom 43% · Avg 412.9k
Same area · Fort Richmond
#1,586 / 2,629
Bottom 40% · Avg 435.7k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 3%Same areaTop 33%CitywideTop 43%

Lot Size

above average
7,198 sqft
0255075100
Same streetTop 20%Same areaTop 30%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

15 Ryerson Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 76 m), 1 parks (nearest 115 m).

Search radius
🏫Education1
🌳Parks1

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 6/2022CA$450k–500k
Sold price

Same street

Top 7%

Same area

Top 10%

City-wide

Top 18%

Related homes

Highlights & common questions: 15 Ryerson Avenue, Winnipeg

Property Overview: 15 Ryerson Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Fort Richmond home presents a practical opportunity. Built in 1973, it’s a one-storey house with a renovated basement and a detached garage, situated on a notably generous lot of over 7,000 square feet. The living space of 1,065 sqft is compact but efficiently laid out for its era.

The primary appeal lies in its land value and location. The lot size is a standout feature, ranking in the top 20% on its own street and top 15% city-wide, offering ample outdoor space and future potential that is increasingly rare. While the home’s interior square footage is modest compared to immediate neighbours, its assessed value is consistent with the local area, suggesting a fair entry point into the market. A thoughtful perspective is that this property may suit someone who values outdoor space over expansive indoor living areas, or a buyer comfortable with a home whose value is more anchored in its land than its current structure. It would likely suit a first-time homebuyer, a downsizer looking for manageable single-level living with a large yard, or an investor recognizing the long-term value of a sizable lot in an established neighbourhood.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,065 sqft, the living area is below the current average for both Fort Richmond and its specific street. This indicates a more compact, efficient layout rather than a sprawling one.

2. What is the significance of the large lot size?
The 7,198 sqft lot is a key asset. It provides exceptional private outdoor space, potential for gardening, expansions, or additions (subject to zoning), and typically holds value well.

3. The sold price history shows a range for 2022. Why isn’t it exact?
Exact sale prices in Manitoba are not publicly posted online. The provided range is based on available assessment and market data. The precise figure can be requested directly from the listing service.

4. The home was built in 1973. What should I consider?
While the basement has been renovated, the core structure is over 50 years old. A thorough inspection of the roof, foundation, wiring, and plumbing is essential to understand the condition and any upcoming maintenance typical for homes of this vintage.

5. How does its assessed value compare?
Its assessed value is around the average for its street and Fort Richmond, but ranks in the top 38% city-wide. This suggests the property is valued consistently within its desirable neighbourhood context.

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