23 Rochester Avenue

Fort Richmond, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Smaller than most nearby homes

804 sqft (bottom 3%) · Built in 1973 (1 yr newer than avg)

Located in a high-income area with median household income of ~111k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

43% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 57%Chinese · 11%

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

61.3 is composed by the two sections below.

Property Score

46.8Low
Living Area804 sqft32Low
Year Built197358Fair
Lot Size6,374 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

83.1Excellent
Household Income89Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110943

Community deep dive

$111K

Median household income

$132K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

9%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)328
Labour force participation rate67%
Median age39.2
Avg household size3.0
Unemployment rate15%
Population density3280 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households9%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority36%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Chinese · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
804 sqft
0255075100
Same streetBottom 2%Same areaBottom 3%CitywideBottom 9%
Same street · Rochester Avenue
#102 / 104
Bottom 2% · Avg 1,389 sqft
Same area · Fort Richmond
#2,548 / 2,629
Bottom 3% · Avg 1,421 sqft
Citywide · Winnipeg
#176,265 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetBottom 3%Same areaBottom 17%CitywideTop 46%
Same street · Rochester Avenue
#101 / 104
Bottom 3% · Avg 436.1k
Same area · Fort Richmond
#2,184 / 2,629
Bottom 17% · Avg 435.7k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 17%Same areaTop 33%CitywideTop 43%

Lot Size

above average
6,374 sqft
0255075100
Same streetBottom 37%Same areaBottom 30%CitywideTop 24%

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

23 Rochester Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 260 m), 1 parks (nearest 296 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 11/2020CA$300k–350k
Sold price

Same street

Bottom 19%

Same area

Bottom 28%

City-wide

Top 48%
Sold 11/2019CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 11%

City-wide

Bottom 42%
Sold 10/2016CA$300k–350k
Sold price

Same street

Bottom 2%

Same area

Bottom 11%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 23 Rochester Avenue, Winnipeg

Property Overview: 23 Rochester Avenue, Fort Richmond, Winnipeg

This 804 sqft bi-level home at 23 Rochester Avenue presents a specific and practical opportunity in Winnipeg's Fort Richmond neighborhood. Built in 1973, it sits on a larger-than-average city lot of 6,374 sqft and features an attached garage and a renovated basement. The data indicates it is a more compact home compared to most in its immediate area, which is reflected in its assessed value.

Key Characteristics & Buyer Suitability

The primary appeal of this property lies in its efficiency and lot size. The home itself is modest in scale—ranking in the bottom 10% for living area on its own street—making it a lower-maintenance footprint with updated essentials like the basement. Its significant advantage is the land: the lot size ranks in the top 24% citywide, offering ample outdoor space uncommon for homes in this price segment. This combination creates a clear value proposition: you are purchasing a generous parcel of land with a functional, renovated living space, rather than a large house.

This home would best suit pragmatic first-time buyers, downsizers, or investors seeking a land-play. It’s for those comfortable with a cozy interior layout who prioritize private outdoor space or see long-term potential in the lot itself. The recent sale history suggests a stable, entry-level price point. A less obvious perspective is that this property avoids the premium for superfluous square footage, allowing a buyer to invest in customization or simply reduce ongoing utility and maintenance costs. It’s a home that emphasizes utility over grandeur.

Frequently Asked Questions

1. Is the home too small?
At 804 sqft, the living area is notably compact compared to neighbors. The renovated basement provides additional functional space, but buyers should be comfortable with a smaller main-floor footprint.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. We recommend inquiring about the finishes, ceiling height, permits, and whether it includes a secondary suite or additional bedrooms.

3. Why is the assessed value relatively low?
The assessed value aligns with the home's smaller size and older age relative to the Fort Richmond area. The value is primarily supported by the lot size and the renovated condition of the basement.

4. How does the lot size compare?
The 6,374 sqft lot is a key feature. It is larger than the Winnipeg city average and provides significant outdoor space, which is a standout aspect for this property.

5. What is the typical price trend for this home?
Based on available sale data from 2016, 2019, and 2020, the price has remained within a stable, moderate range for over nine years, indicating consistent market value for this specific type of property.

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