27 Valence Avenue

Fort Richmond, Winnipeg

Property score

65.1

Good

Overall 65.1 · Newer than most nearby homes

1,176 sqft (bottom 33%) · Built in 1975 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 66%Chinese · 5%

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

65.1 is composed by the two sections below.

Property Score

63.6Fair
Living Area1,176 sqft60Fair
Year Built197558Fair
Lot Size6,157 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

67.4Good
Household Income74Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need25Low
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: #46110966

Community deep dive

$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

Population, labour & age

Population (2021)624
Labour force participation rate63%
Median age29.2
Avg household size2.9
Unemployment rate15%
Population density1521 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households11%
Couple families with children25%
Median household income (2020)$74K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$412K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority39%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

around average
1,176 sqft
0255075100
Same streetBottom 16%Same areaBottom 33%CitywideBottom 48%
Same street · Valence Avenue
#36 / 43
Bottom 16% · Avg 1,396 sqft
Same area · Fort Richmond
#1,768 / 2,629
Bottom 33% · Avg 1,421 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
410k
0255075100
Same streetBottom 21%Same areaBottom 46%CitywideTop 36%
Same street · Valence Avenue
#34 / 43
Bottom 21% · Avg 441k
Same area · Fort Richmond
#1,416 / 2,629
Bottom 46% · Avg 435.7k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 9%Same areaTop 24%CitywideTop 40%

Lot Size

above average
6,157 sqft
0255075100
Same streetBottom 37%Same areaBottom 22%CitywideTop 28%

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 Valence Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 306 m), 2 parks (nearest 261 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 3/2018CA$300k–350k
Sold price

Same street

Bottom 12%

Same area

Bottom 16%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 27 Valence Avenue, Winnipeg

Property Overview: 27 Valence Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical, renovated property built in 1975. With 1,176 sqft of living space and an attached garage, it sits on a 6,157 sqft lot. The home’s key appeal lies in its balance and established location. While its living space is modest compared to immediate neighbors, its assessed value is solid for the area, suggesting good underlying value. The renovated basement adds functional space.

The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighborhood. Its lot size is notably larger than many in Winnipeg, offering good outdoor potential. A thoughtful perspective is that this home represents a "middle-ground" option: it’s not the newest or largest on the street, but it avoids the premium price of those properties while offering updates and space. It appeals to a buyer who prioritizes a quiet, established street and a decent yard over having the most square footage in the immediate vicinity.

Frequently Asked Questions

1. How does this home compare in size to others on the street?
At 1,176 sqft, the living area is below the average for Valence Avenue. This indicates a more compact, efficient layout compared to many neighboring homes.

2. Is the assessed value typical for Fort Richmond?
Yes. The $410k assessment is around the neighborhood average, positioning it as a mid-range property for the area in terms of municipal valuation.

3. What is the significance of the lot size?
The 6,157 sqft lot is above the city-wide average, which is a standout feature. It offers more private outdoor space than many Winnipeg homes, though it is slightly below average for the Fort Richmond area specifically.

4. When was the basement renovated?
The listing confirms the basement is renovated, but the specific year of renovation is not provided in the public data. This would be a key detail to confirm with the seller.

5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide this precise history manually via email upon request, with data available from 2016 onward.

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