Property score
64.7
Fair
Overall 64.7 · Smaller and older than most nearby homes
1,089 sqft (bottom 23%) · Built in 1954 (18 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 100.0 · 1-min walk to transit with 9 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 53%Chinese · 15%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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64.7 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: #46111010
$72K
Median household income
$106K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.4
P90 / P10 ratio
34%
Single-person households
10%
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
20 Kings Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 389 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 40% | Top 3% | Top 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 29% | Top 29% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 27% | Top 28% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 20 Kings Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond presents a compelling mix of space, value, and potential. Its most defining feature is the exceptionally large, private lot of over 31,000 sq ft—a rarity that ranks in the top 1% for both the neighbourhood and the entire city. This offers immense outdoor potential, from gardening to future expansion. The home itself, at 1,089 sq ft, is modest in size compared to others on the street but is around the city-wide average and features a renovated basement. Built in 1954, it is older than most in Fort Richmond but is a typical age for Winnipeg overall.
The appeal lies in a clear value proposition: you are acquiring a premium, oversized lot in a well-regarded area at an assessed value that is above average for the neighbourhood. Recent sale history suggests steady appreciation. This property suits practical buyers who prioritize land over a large existing footprint, including those looking for a long-term home with room to grow, hobbyists or gardeners craving outdoor space, or investors who see the underlying land value as a key asset. It’s a home where the true value may be realized through its potential as much as its current state.
Frequently Asked Questions
1. Is the house too small for the neighbourhood?
While the living area is below the street average, it is competitively sized for Winnipeg overall. The trade-off is intentional: you gain a vastly larger lot than nearly any other property in the city for a comparable assessed value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, updated utilities, or both.
3. How does the older build year (1954) affect the property?
It means the structure is older than most in Fort Richmond. Buyers should prioritize a thorough inspection to understand the condition of major systems (roof, wiring, plumbing) that may be due for updates, while also appreciating the classic character and established neighbourhood feel.
4. The assessed value seems low compared to the sold price ranges. Why?
Manitoba’s property assessments are not direct market valuations and can lag behind current market trends. The recent sold price history (2024) is significantly higher than older sales and the assessed value, indicating strong market demand and appreciation for this specific property.
5. What are the possibilities for such a large lot?
Beyond a spacious yard, the lot size opens future opportunities that are uncommon in the city, such as adding a substantial addition, building a detached garage or workshop, or even exploring subdivision potential, subject to all city zoning and bylaws.
