201 Dalhousie Drive

Fort Richmond, Winnipeg

Property score

61.2

Fair

Overall 61.2 · Smaller than most nearby homes

1,155 sqft (bottom 29%) · Built in 1968 (4 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Below average

4 yrs older 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

61.2 is composed by the two sections below.

Property Score

57.2Fair
Living Area1,155 sqft60Fair
Year Built196852Fair
Lot Size3,641 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

around average
1,155 sqft
0255075100
Same streetBottom 43%Same areaBottom 29%CitywideBottom 45%
Same street · Dalhousie Drive
#64 / 112
Bottom 43% · Avg 1,184 sqft
Same area · Fort Richmond
#1,877 / 2,629
Bottom 29% · Avg 1,421 sqft
Citywide · Winnipeg
#106,002 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

below average
282k
0255075100
Same streetBottom 7%Same areaBottom 1%CitywideBottom 25%
Same street · Dalhousie Drive
#104 / 112
Bottom 7% · Avg 377k
Same area · Fort Richmond
#2,605 / 2,629
Bottom 1% · Avg 435.7k
Citywide · Winnipeg
#146,625 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 12%Same areaBottom 33%CitywideTop 50%

Lot Size

around average
3,641 sqft
0255075100
Same streetBottom 38%Same areaBottom 3%CitywideBottom 21%

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

201 Dalhousie Drive — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 282 m), 2 parks (nearest 203 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1
Worship2

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 1/2022CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 6%

City-wide

Bottom 34%
Sold 3/2016CA$200k–250k
Sold price

Same street

Bottom 4%

Same area

Bottom 1%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 201 Dalhousie Drive, Winnipeg

Property Overview: 201 Dalhousie Drive, Fort Richmond

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond presents a practical opportunity. Its key characteristic is a renovated basement, adding functional living space to the 1,155 sqft footprint. Built in 1968, the home sits on a modest 3,641 sqft lot, which is manageable and low-maintenance. Notably, its assessed value is significantly below average for both the immediate street and the wider Fort Richmond area, suggesting a potentially accessible entry point into the market.

The appeal lies in its straightforward, no-frills profile. It suits first-time buyers or practical investors looking for a solid foundation without premium pricing for extras like a garage or pool. The renovated basement offers immediate utility, whether for family space, a home office, or a rental suite (subject to verification). A thoughtful perspective is that a home with below-average assessments on a street of similar houses can represent a value proposition, allowing for equity growth through basic updates rather than paying for already-maximized value. It’s a home for those who see potential in fundamentals and prefer a quieter, established neighbourhood close to the University of Manitoba and major transit routes.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
While the exact reason isn't specified, a significantly lower assessment can sometimes relate to the home's specific condition, layout, or features compared to updated neighbours. It's a key point to investigate, as it can affect property taxes and indicate renovation potential.

2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not detail the scope, finish quality, or whether it includes a legal secondary suite. This is a crucial question for understanding the home's true layout and value.

3. How does the lack of a garage impact daily living in this location?
With no garage, on-street parking or the potential to add a driveway or carport are important considerations. Winnipeg winters make this a practical concern for many buyers.

4. The home sold in 2022 and again is listed. What should I consider?
The relatively quick turnaround suggests reviewing the reasons for the sale and any changes made during the recent ownership. It also provides a very recent market price comparison.

5. How does the smaller lot size compare, and what are the implications?
The lot is below average in size for Fort Richmond. This means lower maintenance but may limit expansion possibilities like large additions or decks. Checking local zoning bylaws for development potential is advised.

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