175 Kings Drive

Fort Richmond, Winnipeg

Property score

83.7

Excellent

Overall 83.7 · Larger than most nearby homes

2,354 sqft (top 5%) · Built in 1970 (2 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Above average

66% larger than neighborhood avg.

Year Built

Near average

2 yrs older 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

83.7 is composed by the two sections below.

Property Score

86.1Excellent
Living Area2,354 sqft96Excellent
Year Built197052Fair
Lot Size9,046 sqft95Excellent
Neighbourhood Sales Activity78Good

Community Score

80.2Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
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: #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
2,354 sqft
0255075100
Same streetTop 31%Same areaTop 5%CitywideTop 4%
Same street · Kings Drive
#11 / 35
Top 31% · Avg 2,053 sqft
Same area · Fort Richmond
#120 / 2,629
Top 5% · Avg 1,421 sqft
Citywide · Winnipeg
#8,250 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetBottom 40%Same areaTop 9%CitywideTop 15%
Same street · Kings Drive
#21 / 35
Bottom 40% · Avg 564.5k
Same area · Fort Richmond
#234 / 2,629
Top 9% · Avg 435.7k
Citywide · Winnipeg
#29,752 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 29%Same areaBottom 45%CitywideTop 48%

Lot Size

above average
9,046 sqft
0255075100
Same streetBottom 17%Same areaTop 11%CitywideTop 8%

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

175 Kings Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 306 m).

Search radius
🏫Education1
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 1/2024CA$500k–550k
Sold price

Same street

Bottom 47%

Same area

Top 4%

City-wide

Top 12%

Related homes

Highlights & common questions: 175 Kings Drive, Winnipeg

Property Overview: 175 Kings Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home at 175 Kings Drive is a substantial property in Winnipeg's Fort Richmond neighbourhood. Its primary appeal lies in offering above-average space and a premium lot size for the area, all within a well-established community. The home features 2,354 sqft of living space, which ranks in the elite top 5% for Fort Richmond, making it notably larger than most local homes. It sits on a 9,046 sqft lot, which is also well above average for both the neighbourhood and the city overall, providing significant outdoor space. Key amenities include an attached garage, a renovated basement, and a pool.

The property suits buyers looking for a spacious family home with room to grow and entertain outdoors, without venturing into ultra-premium price brackets. Its assessed value positions it as an above-average home in Fort Richmond, yet it remains around average for its immediate street, suggesting it offers good value within a desirable pocket of the neighbourhood. A thoughtful perspective is that while the home itself was built in 1970, the generous lot size is a finite commodity that adds lasting value and potential. It’s ideal for someone who prioritizes indoor and outdoor space over a brand-new build, and who values the mature setting and established community feel of Fort Richmond.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is above average for Fort Richmond (top 9%) and the city (top 15%), but is around average for Kings Drive itself. This suggests you are paying for a premium-sized home and lot within a street of similarly valued properties.

2. Is the lot size typical for the area?
No, the lot is significantly larger than average. At over 9,000 sqft, it ranks in the top 11% for Fort Richmond and the top 8% citywide, which is a key differentiator and offers more privacy and yard space than many newer properties.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent regarding the finish quality, permitted uses, and whether it includes a separate entrance or suite potential.

4. The home was built in 1970. What should I consider?
While the structure is mature, the year built is actually newer than many on its street. Prospective buyers should prioritize a thorough inspection of major systems (roof, plumbing, electrical, foundation) and verify the age and condition of updates, including the basement renovation and pool equipment.

5. How stable is the value on this street?
Homes on Kings Drive appear to have consistent, above-average values for the neighbourhood. The fact that this home’s metrics are strong within Fort Richmond but average on its street indicates a stable, desirable micro-market, which can be a positive for long-term value retention.

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