Property score
79.4
Good
Overall 79.4 · Larger and newer than most nearby homes
1,789 sqft (top 18%) · Built in 1974 (2 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 4 parks nearby
Living Area
Above average
26% 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)
1,068
445k
$351/sqft
1972
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79.4 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
196 Rochester Avenue — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 285 m), 4 parks (nearest 252 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 | Top 48% | Top 39% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 41% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 196 Rochester Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated 4-level split home in Fort Richmond offers a compelling blend of space, location, and established value. Built in 1974, its key characteristic is its generous 1,789 sqft living area, which ranks within the top 15% for size in both the immediate neighbourhood and citywide, providing ample room for a growing family or those who appreciate distinct living zones. The home sits on a larger-than-average 6,409 sqft lot and features an attached garage and a renovated basement, adding significant functional space and modern convenience.
Its appeal lies in its proven stability within a mature, sought-after neighbourhood. The home’s assessed value is consistently above average for the area, and its substantial sale price in 2021 suggests a strong market perception. While the architecture is classic for its era, the renovated basement indicates thoughtful updates. This property would suit practical buyers looking for a spacious, solid family home in a established community without the premium of a new build. It’s particularly suited for those who value interior square footage and a sizable yard over having the newest home on the block, and who see the underlying value in a home that has maintained a strong standing in area rankings over time.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its condition and potential costs?
Built in 1974, major systems like the roof, windows, or furnace may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for any necessary updates, though the renovated basement shows proactive maintenance.
2. The 2021 sale price seems high compared to the assessed value. Why is that?
Assessed value is for municipal tax purposes and often lags behind the private market. The 2021 sale price reflects what a buyer was willing to pay at that market’s peak, indicating the home’s desirability. Current value would be influenced by today’s market conditions.
3. What are the benefits of a 4-level split layout?
This style offers good separation of living spaces, often with distinct zones for entertaining, family life, and sleeping quarters. It can provide more privacy than an open-concept bungalow but may involve more stairs.
4. The lot is large, but how does it rank compared to others?
At 6,409 sqft, the lot is above average for the street (top 45%) and neighbourhood. This offers excellent outdoor space potential, but its exact ranking suggests there are both larger and smaller lots nearby, providing a balanced streetscape.
5. What does the "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify details. This should be a key question for the listing agent to understand the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette, which significantly impacts its utility and value.
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