173 Rochester Avenue

Fort Richmond, Winnipeg

Property score

78.7

Good

Overall 78.7 · Larger and newer than most nearby homes

1,602 sqft (top 27%) · Built in 1974 (2 yrs newer than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

13% larger 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)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

78.7 is composed by the two sections below.

Property Score

78.0Good
Living Area1,602 sqft83Excellent
Year Built197458Fair
Lot Size6,817 sqft85Excellent
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
1,602 sqft
0255075100
Same streetTop 25%Same areaTop 27%CitywideTop 25%
Same street · Rochester Avenue
#26 / 104
Top 25% · Avg 1,389 sqft
Same area · Fort Richmond
#698 / 2,629
Top 27% · Avg 1,421 sqft
Citywide · Winnipeg
#49,175 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
476k
0255075100
Same streetTop 13%Same areaTop 18%CitywideTop 24%
Same street · Rochester Avenue
#13 / 104
Top 13% · Avg 436.1k
Same area · Fort Richmond
#472 / 2,629
Top 18% · Avg 435.7k
Citywide · Winnipeg
#46,289 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetBottom 45%Same areaTop 28%CitywideTop 42%

Lot Size

above average
6,817 sqft
0255075100
Same streetTop 31%Same areaTop 44%CitywideTop 19%

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

173 Rochester Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 238 m), 2 parks (nearest 195 m).

Search radius
🏫Education1
🌳Parks2

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 9/2022CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 25%

City-wide

Top 27%

Related homes

Highlights & common questions: 173 Rochester Avenue, Winnipeg

Property Overview: 173 Rochester Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond offers a practical and spacious layout with over 1,600 square feet of living space, placing it comfortably above average for the neighbourhood and city. Its appeal is rooted in solid fundamentals: a recently renovated basement adds modern living space, the attached garage provides convenience, and the lot size of over 6,800 square feet is generous, particularly by city-wide standards. The home’s assessed value ranks in the top tiers for its immediate area, suggesting a perception of above-average worth.

The property suits buyers looking for a move-in ready, single-level living option without sacrificing room to grow. It’s a strong match for downsizers seeking ease of maintenance but who still want ample indoor and outdoor space, or for young families attracted to the established Fort Richmond community. A thoughtful perspective is that this home represents a balanced, "middle-ground" option—it’s not the newest on the street, but it outperforms many peers in key metrics like size and value, offering a pragmatic blend of space, updates, and location without the premium of a brand-new build.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,602 sqft, this home’s living area is in the top 25% compared to others on Rochester Avenue and city-wide, offering more space than the typical local benchmark.

2. What is the significance of the assessed value ranking?
With an assessed value ranking in the top 13% on its own street and top 18% in Fort Richmond, this indicates the property is formally valued higher than most direct comparable homes, which can be a positive indicator for equity.

3. Is the basement renovation reflected in the assessed value?
While the listing notes a renovated basement, the assessed value is a municipal valuation for tax purposes and may not fully capture or immediately reflect recent improvements or market premiums for finished space.

4. What is the typical lot size in this area?
The lot of 6,817 sqft is slightly above the average for Rochester Avenue and notably larger than the Winnipeg city-wide average, providing ample outdoor space relative to many urban properties.

5. How can I find the exact historical sold price?
The listed sold price range is based on public data. The exact sale price from September 2022 is available by request via email from the listing service, which they provide manually without using your contact information for marketing.

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