Property score
62.7
Fair
Overall 62.7 · Smaller but newer than most nearby homes
1,047 sqft (bottom 17%) · Built in 1981 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 3 place of worships nearby
Living Area
Below average
26% 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)
1,068
445k
$351/sqft
1972
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62.7 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: #46111020
$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
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
198 Bayridge Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 481 m), 1 parks (nearest 100 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 | Bottom 35% | Bottom 25% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1981 bi-level home at 198 Bayridge Avenue in Fort Richmond presents a practical opportunity with a few standout features. Its key appeal lies in the balance of a recently renovated basement and a lot size that is exceptionally large for its immediate street. With 1,047 sqft of living space, the home itself is fairly typical for the area, but the 5,293 sqft lot is in the top 5% on Bayridge Avenue, offering valuable outdoor space and potential. The detached garage adds utility. The home would suit first-time buyers or downsizers looking for a manageable footprint in a established neighbourhood, without a premium for above-average square footage. It’s also a sensible fit for a value-conscious buyer who prioritizes land size over a newer build date, seeing the generous yard as a long-term asset for gardening, expansion, or simply more privacy than nearby properties afford.
Frequently Asked Questions
How does the lot size compare to typical properties?
While the lot is below average for the wider Fort Richmond area, it is notably larger than most on Bayridge Avenue itself, ranking in the top 5% of the street. This means you get a more generous yard compared to your immediate neighbours, which is a relative advantage.
What is the significance of the assessed value being "above average" for the street?
An assessed value that ranks above the street average (Top 29%) can indicate that the municipality views the property favorably relative to its closest comparables, often reflecting factors like the renovated basement and the larger lot. It's a data point for valuation, but not a direct market price.
The home was last sold in 2020. What might have changed since then?
The primary update noted is the renovated basement. A sale four years ago suggests the current owners may have undertaken this renovation, potentially adding liveable space and modern finishes that weren't reflected in the 2020 price.
Is the living space considered small?
At 1,047 sqft, it is slightly below the average for both the neighbourhood and the city. This confirms the home is a more compact bi-level, which aligns with its likely appeal to those seeking easier maintenance and lower utility costs, with the basement renovation effectively adding to the usable space.
Why is the "Year Built" ranking so different from street to neighbourhood?
Built in 1981, it's older than many homes on its specific street but is actually newer than the majority of homes across the broader Fort Richmond area. This highlights that the immediate block may have developed slightly later, so the home isn't unusually old for Winnipeg overall.
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