194 Bayridge Avenue

Fort Richmond, Winnipeg

Property score

65.9

Good

Overall 65.9 · Newer than most nearby homes

1,205 sqft (bottom 40%) · Built in 1981 (9 yrs newer than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 school, 1 park, and 3 place of worships nearby

Living Area

Near average

15% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

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

65.9 is composed by the two sections below.

Property Score

65.0Good
Living Area1,205 sqft66Good
Year Built198173Good
Lot Size3,882 sqft46Low
Neighbourhood Sales Activity78Good

Community Score

67.2Good
Household Income68Good
Education Level91Excellent
Housing Stress20Low
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: #46111020

Community deep dive

$67K

Median household income

$76K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.9

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

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

Rankings

Living Area

above average
1,205 sqft
0255075100
Same streetTop 13%Same areaBottom 40%CitywideTop 50%
Same street · Bayridge Avenue
#5 / 38
Top 13% · Avg 1,066 sqft
Same area · Fort Richmond
#1,587 / 2,629
Bottom 40% · Avg 1,421 sqft
Citywide · Winnipeg
#96,452 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

above average
422k
0255075100
Same streetTop 8%Same areaTop 45%CitywideTop 33%
Same street · Bayridge Avenue
#3 / 38
Top 8% · Avg 385.1k
Same area · Fort Richmond
#1,175 / 2,629
Top 45% · Avg 435.7k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetBottom 24%Same areaTop 9%CitywideTop 33%

Lot Size

around average
3,882 sqft
0255075100
Same streetBottom 47%Same areaBottom 4%CitywideBottom 24%

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

194 Bayridge Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 469 m), 1 parks (nearest 88 m).

Search radius
🏫Education1
🌳Parks1
Worship3

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$350k–400k
Sold price

Same street

Top 25%

Same area

Top 49%

City-wide

Top 38%
Sold 5/2016CA$300k–350k
Sold price

Same street

Bottom 35%

Same area

Bottom 25%

City-wide

Top 49%

Related homes

Highlights & common questions: 194 Bayridge Avenue, Winnipeg

Property Overview: 194 Bayridge Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained two-storey home in Fort Richmond presents a practical and appealing opportunity. Built in 1981, it offers 1,205 sqft of living space, which is notably above average for its immediate street. A key feature is the renovated basement, adding functional living area. The property includes a detached garage and sits on a 3,882 sqft lot.

Its primary appeal lies in its strong positional value within a mature, established neighbourhood. The home’s assessed value ranks in the top 8% on its street, suggesting it is a standout property on Bayridge Avenue in terms of municipal valuation. While the lot size is more compact compared to broader area averages, this often translates to lower maintenance, a point of interest for many modern buyers.

This home would suit first-time buyers or downsizers seeking a move-in-ready property in a convenient South Winnipeg location without the upkeep of a larger yard. It’s also a sensible fit for an investor or owner-occupant looking for a property with a strong foundation (both literally and in terms of value metrics) on its specific block, where it outperforms many direct neighbours.


Section 2: Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
While the lot is a comfortable size for the home, it is below the Fort Richmond average. This can be a positive for those seeking easier yard maintenance, but buyers with specific desires for extensive outdoor space should take note.

2. The home sold in 2022 and 2016. What does that price history indicate?
The sold price ranges show appreciation between 2016 and 2022. More importantly, the 2022 sale price positioned the home in the top 25% for its street, indicating it has been a desirable property in its micro-market.

3. The assessed value seems low. Is that accurate?
The figures shown are in "k" (thousands) as part of a comparative metric system. The key takeaway is the ranking: an assessed value in the top 8% on its street signifies it is valued higher than most comparable homes directly around it, which is a positive indicator of its relative worth.

4. What does the "above average" living area for the street mean practically?
With living space ranking in the top 13% on Bayridge Avenue, this home likely offers more room than most other houses on the same block. This is a distinct advantage for a buyer comparing options within this specific location.

5. Is a 1981-built home a concern?
While newer than many city-wide averages, the major systems (roof, furnace, windows) will be at an age where inspection is crucial. The renovated basement is a significant update, but the condition of original components should be verified.

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