Property score
64.8
Fair
Overall 64.8 · Smaller but newer than most nearby homes
955 sqft (bottom 10%) · Built in 1974 (2 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 64%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
64.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110967
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
17 Petersfield Place — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 205 m), 3 parks (nearest 185 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 19% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
17 Petersfield Place is a well-situated bi-level home in Fort Richmond, built in 1974. With 955 sqft of living space, an attached garage, and a renovated basement, it presents a practical, entry-level opportunity. The home’s standout feature is its generous 9,771 sqft lot, which is significantly larger than most in the city, offering ample outdoor space and future potential. While the living area is compact, the renovated basement adds functional space. Its assessed value is positioned around the neighbourhood and city averages, suggesting a stable market footing.
Key Characteristics & Appeal
The primary appeal of this property lies in its land value and location. The lot size is in the top 7% citywide, a rare find that provides privacy, room for gardening, play, or expansion, and a sense of space uncommon for the price point. The home itself is a manageable size, suited for efficient living, with the basement renovation adding ready-to-use flexibility for a family room, office, or guest space.
It would suit first-time buyers or downsizers looking for a low-maintenance footprint without sacrificing yard space. It’s also a strategic buy for a long-term holder who values land over square footage, recognizing that the large lot is an appreciating asset that can outlast the structure itself. The data indicates it’s one of the newer homes on its street, which can be a plus for systems and upkeep. A thoughtful perspective is that this home offers a balance: you’re purchasing a functional house, but you’re primarily investing in a substantial piece of Fort Richmond land.
Frequently Asked Questions
1. Is the house too small at 955 sqft?
While below average in size, the renovated basement effectively doubles the usable living area, making the home feel more spacious than the main floor square footage suggests. It’s a layout that works well for smaller households.
2. Why is the assessed value relatively low compared to the sold prices shown?
Assessed values for tax purposes often lag behind current market values. The sold price range from 2018 and the home’s average assessment for the area suggest its market value is likely higher than the $39.70k assessment.
3. What are the implications of such a large lot?
It offers excellent potential for future enjoyment or investment, such as adding a deck, shed, or even a future addition (subject to zoning). It also means more yard maintenance, which is a consideration for some buyers.
4. How does it rank compared to nearby homes?
The home has a smaller living area than most on its street and in Fort Richmond. However, it compensates with a newer build year and a much larger lot size than nearly all comparable properties in the wider city.
5. What is the neighbourhood like?
Fort Richmond is a mature, established neighbourhood near the University of Manitoba. It offers a mix of residential streets, convenient amenities, and access to parks and schools, appealing to families, academics, and professionals.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
