Property score
80.3
Excellent
Overall 80.3 · Larger than most nearby homes
1,578 sqft (top 28%) · Built in 1972
Located in a high-income area with median household income of ~113k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 64%Chinese · 6%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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80.3 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: #46111013
$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
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
3 Fordham Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 488 m), 3 parks (nearest 283 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 36% | Bottom 45% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 4-level split home at 3 Fordham Bay in Fort Richmond presents a specific and practical opportunity. Built in 1972, it sits on a generous 7,148 sqft lot, which is notably larger than many city-wide comparables. The 1,578 sqft living area is comfortably above average for Winnipeg overall. A key characteristic is its unrenovated basement, indicating a home that retains its original layout and finishes. The detached garage adds practical storage or workshop space.
Its primary appeal lies in its value as a canvas. The above-average lot size offers excellent outdoor potential, while the solid square footage and classic split-level layout provide a functional foundation. The property’s assessed value is positioned around the city-wide average, suggesting room for a buyer to add value through updates. This home would best suit a hands-on buyer, an investor looking for a property with good land value, or a family willing to undertake renovations over time to tailor the space to their needs. It’s less suited for someone seeking a move-in-ready, modernized home.
Frequently Asked Questions
What does "basement not renovated" typically mean?
It usually indicates the basement retains its original finishes, likely from the 1970s. Expect foundational elements like concrete floors, basic paneling or insulation, and an layout that may not conform to current open-concept tastes. This represents both a project and an opportunity to customize.
How significant is the lot size?
At over 7,000 sqft, the lot is a standout feature. It’s larger than many in the city and on the street itself, offering more privacy, space for gardening, play areas, or future additions like a deck or shed than a standard lot would.
The home is newer than most on its street. Is that an advantage?
Yes. Being built in 1972 makes it one of the newest homes on Fordham Bay. This could mean somewhat more modern construction techniques, wiring, or plumbing compared to immediate neighbors, potentially reducing the urgency of some major system updates.
The assessed value seems low for the street. Why?
The data shows its assessed value is among the lowest on Fordham Bay. This is often tied to the home’s condition (like the unrenovated basement) and original features compared to updated neighbors. For a buyer, this can mean a lower property tax base and a clearer path to increasing the home’s value through improvements.
Is a 4-level split layout efficient?
It depends on lifestyle. This style offers natural separation of living, sleeping, and utility spaces across multiple half-levels, which can provide privacy and defined zones. The trade-off is more interior stairs and a less open, flowing floor plan than a modern bungalow or two-story home. It works well for those who appreciate distinct living areas.
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