25 Tunis Bay

Fort Richmond, Winnipeg

Property score

85.0

Excellent

Overall 85.0 · Larger but older than most nearby homes

2,026 sqft (top 9%) · Built in 1967 (5 yrs older than avg)

Located in a high-income area with median household income of ~113k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

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

85.0 is composed by the two sections below.

Property Score

83.9Excellent
Living Area2,026 sqft94Excellent
Year Built196752Fair
Lot Size7,034 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

above average
2,026 sqft
0255075100
Same streetTop 13%Same areaTop 9%CitywideTop 10%
Same street · Tunis Bay
#5 / 39
Top 13% · Avg 1,650 sqft
Same area · Fort Richmond
#234 / 2,629
Top 9% · Avg 1,421 sqft
Citywide · Winnipeg
#19,946 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
437k
0255075100
Same streetBottom 38%Same areaTop 36%CitywideTop 31%
Same street · Tunis Bay
#24 / 39
Bottom 38% · Avg 445.9k
Same area · Fort Richmond
#950 / 2,629
Top 36% · Avg 435.7k
Citywide · Winnipeg
#59,661 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 23%Same areaBottom 29%CitywideBottom 49%

Lot Size

above average
7,034 sqft
0255075100
Same streetBottom 46%Same areaTop 36%CitywideTop 17%

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

25 Tunis Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 446 m), 2 parks (nearest 229 m).

Search radius
🏫Education1
🌳Parks2

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 1/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 9%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 25 Tunis Bay, Winnipeg

Property Overview

This 4-level split home at 25 Tunis Bay in Fort Richmond offers a practical layout with room to grow. Built in 1967, it sits on a generous 7,034 sqft lot, which is notably larger than the city-wide average. The 2,026 sqft of living space is comfortably above average for the neighbourhood and city, providing ample room for a family. Key features include an attached garage and a basement that is present but not renovated, representing a potential project or storage space. The home’s assessed value is consistent with averages in the area.

Key Characteristics & Appeal

The primary appeal of this property lies in its space—both inside and out. The living area is in the top 10-13% for the neighbourhood and city, making it a standout for buyers seeking size without a premium price tag. The lot size is a particular asset, offering above-average outdoor space city-wide. Its value proposition is straightforward: you are paying for square footage and land, not for modern finishes or updates.

This home would suit a practical buyer, such as a growing family needing the room, or a handy homeowner who sees potential in the unrenovated basement and is comfortable with a home of this vintage. It’s less suited for someone seeking a move-in-ready, modern property without projects. A thoughtful perspective is that while the home itself is of average assessed value for the street, you are acquiring a land parcel that is scarcer city-wide, which could be a long-term advantage.

Frequently Asked Questions

1. What does "4 Level Split" mean for daily living?
This style typically means shorter flights of stairs between living, sleeping, and utility areas, creating distinct zones. It can be efficient but may feel more segmented than an open-concept layout.

2. The basement is noted as "not renovated." What condition should I expect?
You should anticipate a functional but dated space, likely with older finishes and mechanical systems. It’s a blank canvas for future development but will require investment to modernize.

3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. Recent sale ranges on the street suggest a dynamic local market, so the selling price will be determined by current buyer demand.

4. The home was built in 1967. Are there any common concerns for houses of this age?
Prospective buyers should budget for potential updates to major systems like roofing, windows, plumbing, or electrical, which may be nearing the end of their service life. A thorough inspection is advised.

5. What is the neighbourhood of Fort Richmond like?
Fort Richmond is a mature, established community near the University of Manitoba. It offers a mix of residential streets, convenient amenities, and access to parks and schools, appealing to families, academics, and professionals.

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.