2 Miami Place

Fort Richmond, Winnipeg

Property score

76.5

Good

Overall 76.5 · Compared with neighbourhood average

1,389 sqft (top 41%) · Built in 1973 (1 yr newer than avg)

Located in a high-income area with median household income of ~114k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 67%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

76.5 is composed by the two sections below.

Property Score

71.3Good
Living Area1,389 sqft71Good
Year Built197358Fair
Lot Size7,461 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

84.3Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46110942

Community deep dive

$114K

Median household income

$118K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)380
Labour force participation rate50%
Median age46.8
Avg household size2.8
Unemployment rate5%
Population density2714 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households11%
Couple families with children33%
Median household income (2020)$114K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 67%
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

around average
1,389 sqft
0255075100
Same streetBottom 37%Same areaTop 41%CitywideTop 36%
Same street · Miami Place
#5 / 8
Bottom 37% · Avg 1,504 sqft
Same area · Fort Richmond
#1,086 / 2,629
Top 41% · Avg 1,421 sqft
Citywide · Winnipeg
#70,388 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetBottom 25%Same areaTop 32%CitywideTop 30%
Same street · Miami Place
#6 / 8
Bottom 25% · Avg 457.3k
Same area · Fort Richmond
#853 / 2,629
Top 32% · Avg 435.7k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 1%Same areaTop 33%CitywideTop 43%

Lot Size

above average
7,461 sqft
0255075100
Same streetBottom 25%Same areaTop 24%CitywideTop 14%

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

2 Miami Place — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 327 m), 1 parks (nearest 352 m).

Search radius
🏫Education1
🌳Parks1

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 11/2021CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 20%

City-wide

Top 24%

Related homes

Highlights & common questions: 2 Miami Place, Winnipeg

Property Overview: 2 Miami Place, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical and grounded offering. Built in 1973, it features 1,389 sqft of living space and a renovated basement, with the convenience of an attached garage. Its standout feature is the 7,461 sqft lot, which is notably larger than many city-wide and neighbourhood comparables, offering valuable outdoor space and potential.

The home’s appeal lies in its balance and straightforward value. While the living area is average for its immediate street and the wider city, the property holds two distinct advantages: a very generous lot and a below-average assessed value for its specific street, which can be attractive from a property tax perspective. It suits buyers looking for a solid, no-fuss family home in a established neighbourhood, particularly those who prioritize private outdoor space over a larger interior footprint. It would also be a sensible fit for someone seeking a manageable single-level layout with the finished flexibility of a basement, without the premium price tag of a newer or highly updated property.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is around average for Fort Richmond but is actually below average when compared directly to its neighbours on Miami Place. City-wide, it ranks above average. This suggests it may offer relative value within its immediate location.

2. Is the lot size a significant feature?
Yes. The land area of over 7,400 sqft is a key asset. It places in the top 24% in Fort Richmond and the top 14% city-wide, meaning it provides more yard space than most comparable properties—a perk for gardening, play, or future expansion.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This is a key point to clarify with the seller or agent to understand the finish quality, layout, and whether it includes a separate entrance or legal suite potential.

4. The home was last sold in late 2021. What was the price?
The public data shows a sold price range from that period. For the exact historical sale price, you can request it directly via the provided email service on the listing page.

5. As a one-storey home from 1973, what should I consider?
The bungalow style offers main-floor living convenience. Given its age, a thorough inspection of major systems (roof, plumbing, electrical, foundation) is advisable. However, its year built is typical for the neighbourhood and slightly newer than the Winnipeg city average.

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