69.2
Good
Property score
69.2
Good
Overall 69.2
Smaller than most nearby homes
1,082 sqft (bottom 23%)
Built in 1973 (1 yr newer than avg)
Located in a high-income area
with median household income of ~111k
Transit 70.0
2-min walk to transit with 1 nearby route
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% 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)
1,068
445k
$351/sqft
1972
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69.2 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: #46110943
$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
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
27 Ryerson Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 97 m), 1 parks (nearest 119 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 7% | Bottom 15% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Ryerson Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 1973-built, one-storey home in Fort Richmond offers a practical layout with 1,082 sqft of living space and a renovated basement. Its standout feature is the land: a 7,198 sqft lot that is notably larger than many in the city, providing ample outdoor space. The property also includes both an attached and a detached garage, a valuable combination for storage, hobbies, or parking multiple vehicles.
The appeal here is rooted in space and potential. While the living area is modest for the neighbourhood, the generous lot size and dual garages present opportunities for expansion, gardening, or outdoor living that are harder to find in newer subdivisions. The home’s assessed value is positioned around the city average, suggesting a stable, established investment in a mature community.
This property would suit a buyer looking for a solid, no-frills home with excellent "bones" and room to grow over time. It’s ideal for a hands-on owner who values private outdoor space more than a large interior footprint, or for someone who needs significant parking and workshop space provided by the dual garages. It represents a pragmatic entry into the Fort Richmond area, with the lot size offering a long-term advantage not reflected in the square footage alone.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 7,198 sqft lot is a key asset, ranking in the top 15-20% citywide and within Fort Richmond. It is significantly larger than the city average lot of about 6,570 sqft.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
3. The home sold in 2016 for a much lower price. What does that mean?
The sold price from nearly a decade ago reflects the market at that time and is not indicative of current value. The assessed value has since risen to $420k, which is more relevant for today’s market conditions.
4. Is the living area smaller than other homes in the area?
Yes, at 1,082 sqft, the living area is below the current Fort Richmond average. However, this is balanced by the larger lot and dual garages, which may better suit buyers prioritizing outdoor and utility space over interior square footage.
5. Why are there two garages?
The combined attached and detached garages offer exceptional flexibility. This setup is ideal for families with multiple vehicles, homeowners needing a dedicated workshop or studio, or anyone seeking abundant storage without sacrificing space in the main garage.
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