27 Cornell Drive

Fort Richmond, Winnipeg

Property score

75.4

Good

Overall 75.4 · Older than most nearby homes

1,306 sqft (top 48%) · Built in 1965 (7 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

7 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

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Property score

75.4 is composed by the two sections below.

Property Score

67.8Good
Living Area1,306 sqft71Good
Year Built196546Low
Lot Size6,378 sqft81Excellent
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

around average
1,306 sqft
0255075100
Same streetBottom 36%Same areaTop 48%CitywideTop 41%
Same street · Cornell Drive
#18 / 28
Bottom 36% · Avg 1,383 sqft
Same area · Fort Richmond
#1,249 / 2,629
Top 48% · Avg 1,421 sqft
Citywide · Winnipeg
#80,245 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetTop 43%Same areaTop 45%CitywideTop 33%
Same street · Cornell Drive
#12 / 28
Top 43% · Avg 417.3k
Same area · Fort Richmond
#1,175 / 2,629
Top 45% · Avg 435.7k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,378 sqft
0255075100
Same streetBottom 32%Same areaBottom 32%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

27 Cornell Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 478 m), 3 parks (nearest 264 m).

Search radius
🏫Education1
🌳Parks3

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 3/2025CA$450k–500k
Sold price

Same street

Top 7%

Same area

Top 10%

City-wide

Top 18%

Related homes

Highlights & common questions: 27 Cornell Drive, Winnipeg

Property Overview

27 Cornell Drive is a well-established one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1965, it sits on a generous 6,378 sqft lot, which is notably larger than the citywide average. The home itself, at 1,306 sqft of living space, is competitively sized for the area and features a renovated basement and a detached garage.

Its primary appeal lies in its solid, middle-of-the-road metrics and the value of its land. The property doesn't stand out as exceptionally large or new within its immediate area, but it holds its own with average-to-above-average rankings for lot size and assessed value when viewed citywide. This suggests a stable, no-surprises property in a mature neighbourhood. The renovated basement adds functional living space, a key update for a home of this vintage.

This home would suit practical buyers looking for a grounded entry into the Fort Richmond community—perhaps first-time homeowners, downsizers seeking single-level living, or investors attracted to the lot size and the fact that a major update (the basement) is already completed. It’s for those who value space over flash, in a neighbourhood where properties are often compared directly with their peers.


Frequently Asked Questions

1. How does this home truly compare to others in Fort Richmond?
The data shows it's very typical for the immediate street and area in terms of living space, age, and value. Its lot size is average for Fort Richmond but ranks in the top 24% citywide, which is a relative strength.

2. What does the "renovated basement" likely entail?
While specifics would require a viewing or disclosure documents, a renovated basement in a 1965 home typically means finished living space—possibly a rec room, bedroom, or office. It’s a significant functional upgrade from an original utility space.

3. Is the detached garage a pro or a con?
This depends on preference. A detached garage offers separation and can be ideal for a workshop or to reduce noise. However, it means braving the elements in winter, which some buyers may find less convenient than an attached model.

4. The home sold recently in March 2025. What does that indicate?
The quick resale could suggest a number of things—an investor flipping the property after the basement renovation, a change in the previous owner's circumstances, or simply a desirable, fairly priced home in a active market. It warrants asking about the nature of that sale.

5. Given its age, what should be a buyer's top inspection priority?
While the basement is noted as renovated, a 1965 home's core systems—like the roof, plumbing, electrical (especially if not updated to modern standards), and foundation—should be thoroughly evaluated by a professional inspector.

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