Property score
71.6
Good
Overall 71.6 · Newer than most nearby homes
1,445 sqft (top 39%) · Built in 1976 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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71.6 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: #46110966
$74K
Median household income
$91K
Average household income
29%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.9
P90 / P10 ratio
11%
Single-person households
25%
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
23 Thornhill Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 287 m), 2 parks (nearest 251 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 50% | Top 39% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 23 Thornhill Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and spacious property built in 1976. Its primary appeal lies in its above-average living space (1,445 sq ft) compared to similar homes on its street and in the wider area, offering more room than many peers. The home features a renovated basement, adding to its functional living area. It sits on a 6,160 sq ft lot, which is a generous size city-wide, though slightly smaller than the average for Fort Richmond.
The property’s assessed value is notably below average for its immediate street, which could signal an opportunity for value-conscious buyers or those looking in this specific neighbourhood. It suits buyers seeking a single-level layout with a renovated lower level, who prioritize interior space over a large garage (this property has none) or a pool. It’s a grounded choice for a first-time homeowner, a downsizer, or an investor looking at the Fort Richmond area, particularly for those who see potential in a home that is competitively valued within its own micro-market.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in August 2022 for an estimated $38.5k–$41.5k, which is closely aligned with its current assessed value of $39.6k. This suggests a stable valuation in recent years.
2. Is the living space larger than most homes in the area?
Yes. With 1,445 sq ft, this home offers more living area than approximately 73% of similar properties on its own street (ranking 12th out of 45) and is above the average for the Fort Richmond area.
3. What should I know about the lot size?
The 6,160 sq ft lot is above the Winnipeg city-wide average. However, within Fort Richmond specifically, it is below the neighbourhood average, ranking in the lower 24% for comparable properties. This is a key point for buyers who prioritize extensive outdoor space versus a larger interior footprint.
4. Does the "renovated basement" mean it’s a legal suite?
The listing specifies a renovated basement but does not indicate it is a legal secondary suite. Buyers should verify the permits and legal status of the renovations if considering it for rental income.
5. The home has no garage. Is that typical for the street?
The listing does not specify garage availability for comparable homes on Thornhill Bay. Given the home’s age and style, the lack of a garage is not uncommon, but buyers should research the street directly to see if off-street parking or carports are typical.
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