205 Dalhousie Drive

Fort Richmond, Winnipeg

Property score

60.5

Fair

Overall 60.5 · 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.5 is composed by the two sections below.

Property Score

56.0Fair
Living Area1,155 sqft60Fair
Year Built196852Fair
Lot Size3,461 sqft38Low
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
280k
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 24%
Same street · Dalhousie Drive
#105 / 112
Bottom 6% · Avg 377k
Same area · Fort Richmond
#2,607 / 2,629
Bottom 1% · Avg 435.7k
Citywide · Winnipeg
#147,552 / 194,458
Bottom 24% · Avg 390.1k

Year Built

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

Lot Size

around average
3,461 sqft
0255075100
Same streetBottom 32%Same areaBottom 3%CitywideBottom 19%

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

205 Dalhousie Drive — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 266 m), 2 parks (nearest 222 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 4/2019CA$250k–300k
Sold price

Same street

Bottom 14%

Same area

Bottom 2%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 205 Dalhousie Drive, Winnipeg

Property Overview: 205 Dalhousie Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond is a practical and straightforward property. Built in 1968, it offers 1,155 sqft of living space, which is quite typical for the immediate street and city overall. A key feature is its renovated basement, adding valuable finished space. The lot is modest at just under 3,500 sqft, smaller than many in the wider neighbourhood, but manageable.

The primary appeal lies in its value proposition within a well-established area. The home’s assessed value is notably lower than many comparables, suggesting a potentially more accessible price point for the neighbourhood. This creates an opportunity for first-time buyers or investors seeking entry into Fort Richmond, a mature community with amenities and proximity to the University of Manitoba. The renovated basement adds immediate functionality without the need for initial projects.

It would best suit buyers with realistic expectations: those who prioritize location and liveable space over a large yard or a newer build. It’s a candidate for someone looking to put down roots in a stable area without a premium price tag, or for an investor considering the steady rental market near the university. The smaller lot means less maintenance, which could be a plus for busy professionals or downsizers.


Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the average for the area?
While the exact reason isn't specified, a significantly lower assessment can sometimes reflect the home’s older vintage, smaller lot size, or interior finishes compared to updated or larger homes nearby. It's a crucial starting point for understanding its market positioning.

2. What does the sold price history from 2019 indicate?
The home sold in April 2019 for a price range significantly below its current assessed value. This highlights strong market appreciation over the last several years and underscores the importance of a current market evaluation, as past prices are not a reliable indicator of today's value.

3. Are there any concerns with a home built in 1968?
While the structure is mature, the renovated basement is a positive update. A thorough inspection is always recommended for homes of this age to review the condition of major systems like roofing, plumbing, and electrical, which may be original or nearing their lifespan.

4. How does the smaller lot size impact living here?
The lot is smaller than many in Fort Richmond. This means less outdoor maintenance and private space, but the property still offers a yard. It’s a trade-off that contributes to the home’s affordability in the neighbourhood.

5. What is the neighbourhood and street like?
Being on a street with many homes of a similar era and size suggests a consistent, established streetscape. Fort Richmond is a mature, family-friendly neighbourhood with strong amenities and convenient access to major routes and the university campus.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.