19 Valence Avenue

Fort Richmond, Winnipeg

Property score

67.3

Good

Overall 67.3 · Newer than most nearby homes

1,284 sqft (top 49%) · Built in 1975 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 66%Chinese · 5%

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

67.3 is composed by the two sections below.

Property Score

67.2Good
Living Area1,284 sqft66Good
Year Built197558Fair
Lot Size6,157 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

67.4Good
Household Income74Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need25Low
Employment Health52Fair

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: #46110966

Community deep dive

$74K

Median household income

$91K

Average household income

29%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.9

P90 / P10 ratio

11%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)624
Labour force participation rate63%
Median age29.2
Avg household size2.9
Unemployment rate15%
Population density1521 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households11%
Couple families with children25%
Median household income (2020)$74K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$412K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority39%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

around average
1,284 sqft
0255075100
Same streetBottom 49%Same areaTop 49%CitywideTop 43%
Same street · Valence Avenue
#22 / 43
Bottom 49% · Avg 1,396 sqft
Same area · Fort Richmond
#1,283 / 2,629
Top 49% · Avg 1,421 sqft
Citywide · Winnipeg
#82,987 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
420k
0255075100
Same streetBottom 33%Same areaTop 46%CitywideTop 34%
Same street · Valence Avenue
#29 / 43
Bottom 33% · Avg 441k
Same area · Fort Richmond
#1,214 / 2,629
Top 46% · Avg 435.7k
Citywide · Winnipeg
#65,813 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 9%Same areaTop 24%CitywideTop 40%

Lot Size

above average
6,157 sqft
0255075100
Same streetBottom 37%Same areaBottom 22%CitywideTop 28%

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

19 Valence Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 274 m), 2 parks (nearest 228 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 3/2025CA$400k–450k
Sold price

Same street

Top 31%

Same area

Top 20%

City-wide

Top 24%

Related homes

Highlights & common questions: 19 Valence Avenue, Winnipeg

Property Overview: 19 Valence Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This well-maintained one-storey home in Fort Richmond offers a practical and comfortable living space. With 1,284 sqft of living area, a renovated basement, and an attached garage, it provides the essential features for day-to-day living. The home was built in 1975, which is notably newer than many others on its street and in the wider neighbourhood, suggesting potentially fewer concerns with outdated major systems compared to older peers.

The appeal lies in its balanced, no-fuss profile. It’s not the largest or smallest home in its comparisons, but it sits consistently around average or above for its immediate area in key metrics like living space and assessed value. The lot size of over 6,000 sqft is a solid offering, providing good outdoor space. A thoughtful perspective is that this property represents a stable, middle-ground option—it avoids the premium price of a top-tier home or the potential heavy lifting of a true fixer-upper, making it a sensible choice.

This home would suit first-time buyers looking for a move-in-ready property in a established neighbourhood, or downsizers seeking single-level living without sacrificing yard space. It’s ideal for buyers who value practicality and a sense of community in Fort Richmond over luxury finishes or expansive square footage.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $420k ranks above average on its own street and is competitive within the Fort Richmond area. City-wide, it sits above the median benchmark, indicating a solid valuation for a property of its type and age.

2. Is the lot size typical for the area?
The lot is approximately 6,157 sqft. This is slightly below the average lot size within Fort Richmond specifically, but it is larger than the typical city-wide lot, offering a good balance of manageable upkeep and usable outdoor space.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A professional inspection or inquiry with the seller is recommended to determine the scope, quality, and permits for the renovation, and whether it includes a legal secondary suite.

4. The home was built in 1975. Are there any common concerns for houses of this age?
While newer than many Winnipeg homes, a 1975 build may still have original components like windows, roofing, or plumbing that are nearing the end of their lifespan. A thorough home inspection is advised to assess the condition of these elements and the major systems.

5. What is the neighbourhood and street like?
Located in the family-friendly Fort Richmond area, Valence Avenue appears to be a stable, mature street. The proximity to nearby schools, the University of Manitoba, and major routes is a key draw. The consistent home values and similar building eras on the street suggest a neighbourhood with a cohesive character.

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