Property score
59.6
Fair
Overall 59.6 · Smaller than most nearby homes
1,152 sqft (bottom 28%) · Built in 1970 (2 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
Near average
2 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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59.6 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: #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
233 Dalhousie Drive — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 194 m), 2 parks (nearest 305 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 22% | Bottom 3% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 233 Dalhousie Drive in Fort Richmond is a practical, no-frills property that presents a clear value proposition. Built in 1970, its 1,152 sqft of living space is modest, particularly for the neighbourhood, where it ranks below average in size. The home features a basement (not renovated) and sits on a smaller lot of 2,782 sqft, which is notably compact for the area. A key standout is its assessed value, which is significantly below averages for the street, neighbourhood, and city, indicating a lower property tax base.
Its primary appeal lies in its affordability and potential. It suits first-time buyers or investors looking for an entry point into the established Fort Richmond area, close to the University of Manitoba and major transit routes. The lower assessed value is a double-edged sword: it suggests a manageable annual tax burden but also hints that the property may require updates. The compact lot offers easier, lower-maintenance yard care. This is not a move-in-ready showcase home but a solid foundation for someone willing to build sweat equity or who prioritizes location and low carrying costs over immediate modern finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
A significantly lower assessment often reflects the home's condition, size, and features relative to its peers. Given the note that the basement is not renovated and the living area is below average, the assessment likely accounts for these factors, resulting in a lower property tax obligation for the owner.
2. Is the small lot size a major drawback?
It depends on your priorities. The lot is substantially smaller than typical in Fort Richmond, meaning less space for gardening, play, or expansion. However, it translates to less time and money spent on lawn maintenance and landscaping, which can be a benefit for busy households or investors.
3. What does "basement, not renovated" typically imply?
This usually means the basement is in original or functional condition, but not modernized. It likely provides valuable storage and utility space but may not be a finished living area. Buyers should budget for potential updates if they wish to use it as a family room or rental suite.
4. How does the sold price history help determine value?
The listed sale in July 2021 provides a historical benchmark. Comparing that price to the current assessed value and considering market changes since then can help gauge the property's price trajectory. It's a starting point, but a current market evaluation is essential.
5. Who would this property NOT be well-suited for?
It may not suit buyers seeking a large, modern home with ample outdoor space or those who want a turnkey property without renovation projects. Families needing significant room to grow might find the living space and lot size constraining compared to other options in the area.
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