Property score
65.9
Good
Overall 65.9 · Smaller than most nearby homes
933 sqft (bottom 8%) · Built in 1970 (2 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 68.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 sports facility nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 48%Chinese · 10%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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65.9 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: #46111016
$94K
Median household income
$114K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
15%
Single-person households
34%
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 Wadham Bay — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 342 m), 1 parks (nearest 362 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 13% | Bottom 16% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1970 bi-level home at 27 Wadham Bay in Fort Richmond presents a distinct value proposition centered on its land. With 933 sqft of living space, the house itself is modest and below the average size for the area. However, it sits on an exceptionally large, 11,614 sqft lot that ranks in the top 3-4% locally and city-wide. The home features an attached garage and a renovated basement.
The primary appeal lies in its potential. The lot size is a rare find in the city and offers significant future possibilities, whether for expansion, gardening, or simply enjoying ample private outdoor space. Its assessed value is relatively modest, especially compared to the city average, which may indicate an opportunity for equity growth. This property would suit a practical buyer who sees beyond the current footprint—perhaps a first-time homeowner willing to grow into the space over time, a family valuing a large yard, or an investor recognizing the long-term value of the land itself. It’s a home for those who prioritize land over lavish square footage.
Frequently Asked Questions
1. Is the house too small for a family?
While the living area is below average for the neighbourhood, the renovated basement adds functional space. The massive lot also effectively extends the living area outdoors for much of the year, which can offset the smaller interior for many families.
2. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than approximately 96-97% of comparable homes in Winnipeg. On its own street, it has the largest lot among the 39 homes ranked. This is the property's most standout feature.
3. The assessed value seems low. Does that indicate a problem?
Not necessarily. Assessed value is for municipal tax purposes and is influenced by many factors, including the home's size and age. The lower assessment relative to the city average could be due to the modest living space, but it also results in relatively lower property taxes, which is a financial positive for the owner.
4. Can the home be expanded or rebuilt given the large lot?
The large lot certainly provides the physical space for potential additions or future redevelopment. Any specific plans would require consultation with the city's zoning and permitting department to understand the bylaws and requirements that apply to this specific property.
5. Why is there a range for the last sold price, and how do I get the exact figure?
The displayed range is based on publicly available data. To protect precise transaction details and ensure accuracy, the exact sold price is provided directly by the listing service upon request. You can submit your email to receive the exact figure manually.
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