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)
1,068
445k
$351/sqft
1972
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61.2 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
203 Dalhousie Drive — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 274 m), 2 parks (nearest 213 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 12% | Bottom 2% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 203 Dalhousie Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1968, offers 1,155 sqft of living space with a renovated basement. It sits on a 3,630 sqft lot and does not include a garage or pool. The home’s assessed value is notably lower than most comparables, which presents a distinct value proposition in the Fort Richmond neighbourhood.
The primary appeal lies in its affordability and potential. With an assessed value significantly below area averages, it represents an accessible entry point into a well-established community. The renovated basement adds functional living space, a practical upgrade for a home of this vintage. It suits first-time buyers or investors looking for a lower-cost footprint in a central Winnipeg neighbourhood, where the value may be found more in the land and location than in high-end finishes. A thoughtful perspective is that its below-average metrics across several categories aren't just drawbacks; for the right buyer, they signal an opportunity to build equity through updates without the premium of buying a already-renovated or larger home. It’s a practical choice for those comfortable with a property that offers fundamentals in a quiet residential setting.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on municipal evaluation, which considers factors like the home's age, size, and recent sales in the area. Its rank in the bottom quartile locally suggests it may be valued conservatively due to its smaller lot and living area compared to neighbourhood averages, or it may reflect a need for modernization in certain areas.
2. What does having a "renovated basement" typically mean for a home of this age?
While specifics aren't listed, in a 1968 home, a renovated basement often means updated finishes, improved moisture control, and conversion into livable space such as a family room or additional bedroom. It's advisable to confirm the scope of work, permits, and the quality of the renovation.
3. How does the lack of a garage affect daily living and resale?
This means all vehicle parking will be on the driveway or street. For some buyers, this is a trade-off for the lower price point. It’s a practical consideration for Winnipeg winters, but the property may appeal to households with fewer vehicles or those willing to add a shed or sheltered parking later.
4. The home last sold in 2019 for a price range shown. What does that indicate?
The sold price range from April 2019 provides a historical benchmark, showing the home's market value at that time. Comparing it to the current assessed value and market conditions can help gauge appreciation trends, but a current appraisal or comparative market analysis is needed for today's value.
5. Is the living space sufficient for a small family?
At 1,155 sqft across two storeys plus a basement, the home offers a functional layout for a small family or couple. The renovated basement effectively expands the usable space. Its living area is slightly below the immediate street average, so room sizes may be cozy rather than spacious, emphasizing efficient use of space.
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