29 Petersfield Place

Fort Richmond, Winnipeg

Property score

76.9

Good

Overall 76.9 · Newer than most nearby homes

1,498 sqft (top 34%) · Built in 1974 (2 yrs newer than avg)

Located in a high-income area with median household income of ~108k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, 4 parks, and 1 government office nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 9%

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

76.9 is composed by the two sections below.

Property Score

75.0Good
Living Area1,498 sqft75Good
Year Built197458Fair
Lot Size11,840 sqft97Excellent
Neighbourhood Sales Activity78Good

Community Score

79.7Good
Household Income88Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

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: #46110967

Community deep dive

$108K

Median household income

$99K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

11%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)558
Labour force participation rate50%
Median age39.6
Avg household size3.2
Unemployment rate8%
Population density2790 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households11%
Couple families with children34%
Median household income (2020)$108K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority34%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

around average
1,498 sqft
0255075100
Same streetBottom 40%Same areaTop 34%CitywideTop 31%
Same street · Petersfield Place
#9 / 15
Bottom 40% · Avg 1,545 sqft
Same area · Fort Richmond
#899 / 2,629
Top 34% · Avg 1,421 sqft
Citywide · Winnipeg
#59,503 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 24%
Same street · Petersfield Place
#3 / 15
Top 20% · Avg 450.5k
Same area · Fort Richmond
#479 / 2,629
Top 18% · Avg 435.7k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 7%Same areaTop 28%CitywideTop 42%

Lot Size

Elite
11,840 sqft
0255075100
Same streetTop 13%Same areaTop 6%CitywideTop 4%

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

29 Petersfield Place — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 308 m), 4 parks (nearest 282 m).

Search radius
🏫Education1
🌳Parks4
🏛️Government1

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 3/2024CA$450k–500k
Sold price

Same street

Top 25%

Same area

Top 18%

City-wide

Top 23%

Related homes

Highlights & common questions: 29 Petersfield Place, Winnipeg

Property Overview

This one-storey home at 29 Petersfield Place in Fort Richmond presents a solid, well-positioned offering in the Winnipeg market. Its appeal is rooted in a combination of generous outdoor space and a location that offers relative value within its community.

Key Characteristics, Appeal & Ideal Buyer

The home's most standout feature is its land. At nearly 12,000 square feet, the lot size is exceptionally large, placing it in the top 4% city-wide. This offers significant potential for gardening, recreation, or future expansion. The house itself, built in 1974, is of an average size for the area but benefits from a renovated basement and includes desirable amenities like a pool and an attached garage.

Its appeal lies in its above-average positioning within a mature neighbourhood. While the living space is typical, the property holds an assessed value that ranks above average for its street, area, and the city, suggesting it is viewed as a good asset within its peer group. It would suit a buyer looking for a established neighbourhood with room to breathe outdoors, possibly a family seeking space for children and pets, or a long-term owner who values the potential of a large lot over a brand-new home. It's a practical choice for those who want more land without moving to a rural area.


Frequently Asked Questions

1. How does the property's value compare to recent sales?
Based on data from early 2024, the sold price of nearby, similar homes ranged from approximately $435,000 to $465,000. The home's current assessed value of $475,000 is consistent with this range and sits above the average for comparable properties in Fort Richmond.

2. Is the lot size unusual for this area?
Yes. The lot is a key differentiator. It is significantly larger than the average lot in Fort Richmond and ranks in the elite tier (top 4%) for size across the entire city, offering a rare amount of private outdoor space for an in-city property.

3. What does the "above average" ranking for the year built mean?
Built in 1974, this home is actually one of the newer homes on its specific street (ranking 1st out of 15), which consists of homes from a similar era. This suggests the immediate streetscape is consistent and well-established, with less variance in age and style than you might find elsewhere.

4. Who would benefit from requesting the exact sold price history?
While the provided price ranges are helpful for comparison, obtaining the exact sold price is particularly useful for buyers finalizing their offer strategy or for sellers wanting to pinpoint the most accurate comparable market analysis before listing.

5. Are the home's interior features updated?
The listing confirms the basement has been renovated. For the condition of the main floor, roof, major systems (like heating and plumbing), and the pool, a professional home inspection would be essential, as these details are not specified in the public data.

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.