3 Prescot Road

Fort Richmond, Winnipeg

Property score

72.3

Good

Overall 72.3 · Compared with neighbourhood average

1,162 sqft (bottom 31%) · Built in 1973 (1 yr newer than avg)

Located in a high-income area with median household income of ~111k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

18% 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)

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

72.3 is composed by the two sections below.

Property Score

65.1Good
Living Area60
1,162 sqftFair
Year Built58
1973Fair
Lot Size91
7,677 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

83.1Excellent
Household Income89
Excellent
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46110943

Community deep dive

$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

Population, labour & age

Population (2021)328
Labour force participation rate67%
Median age39.2
Avg household size3.0
Unemployment rate15%
Population density3280 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households9%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority36%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Chinese · 10%

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

Rankings

Living Area

around average
1,162 sqft
0255075100
Same streetBottom 20%Same areaBottom 31%CitywideBottom 46%
Same street · Prescot Road
#16 / 20
Bottom 20% · Avg 1,310 sqft
Same area · Fort Richmond
#1,821 / 2,629
Bottom 31% · Avg 1,421 sqft
Citywide · Winnipeg
#104,470 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
428k
0255075100
Same streetTop 50%Same areaTop 41%CitywideTop 32%
Same street · Prescot Road
#10 / 20
Top 50% · Avg 424.1k
Same area · Fort Richmond
#1,077 / 2,629
Top 41% · Avg 435.7k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 10%Same areaTop 33%CitywideTop 43%

Lot Size

above average
7,677 sqft
0255075100
Same streetTop 10%Same areaTop 19%CitywideTop 13%

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

3 Prescot Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 174 m), 1 parks (nearest 218 m).

Search radius
🏫Education1
🌳Parks1

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 7/2022CA$400k–450k
Sold price

Same street

Top 30%

Same area

Top 39%

City-wide

Top 33%
Sold 7/2017CA$350k–400k
Sold price

Same street

Top 40%

Same area

Bottom 34%

City-wide

Top 45%

Related homes

Highlights & common questions: 3 Prescot Road, Winnipeg

Property Overview

This one-storey home at 3 Prescot Road in Fort Richmond is a practical and grounded offering. Built in 1973, its key appeal lies in its generous 7,677 sqft lot, which is notably larger than most in the area, city, and on its own street. The living space is a modest 1,162 sqft, which is below average for Prescot Road but aligns more closely with broader area and city averages. The home features an attached garage and a renovated basement. Its assessed value is consistent with local norms. This isn’t a flashy property, but it presents a solid value proposition centered on land size and location.

Who It Suits
This home is ideal for a first-time buyer or a downsizer looking for a manageable single-level layout in a well-established neighbourhood. The large lot is a significant asset for anyone with gardening ambitions, pets, or who simply values extra outdoor space and potential. It would also suit a pragmatic buyer who prioritizes a renovated basement and attached garage over having above-average square footage in the main living area.


Frequently Asked Questions

Is the large lot a benefit or a burden?
It’s primarily a benefit, offering rare space for recreation, gardening, or future expansion like a shed or deck. However, buyers should consider the associated maintenance (lawn care, snow clearing) which requires more time or equipment.

How does the below-average living area feel in practice?
At 1,162 sqft, the home is compact. The renovated basement effectively adds usable space, making the overall footprint more functional. It’s well-suited for individuals, couples, or a small family comfortable with efficient living.

The home sold in 2017 and 2022. Is that a concern?
The recent turnover isn’t inherently negative. It suggests the property has been a viable and marketable home. Reviewing the sold price history (available by request) can provide insight into its market stability.

What does "around average" for assessed value really mean?
It means the city’s valuation is typical for similar homes in Fort Richmond. This generally indicates a stable property tax outlook without unexpected highs or lows, but it’s not a direct predictor of market selling price.

What are the less obvious pros and cons of this specific location on Prescot Road?
A less obvious pro is that being on a road (vs. a crescent or court) often means simpler access and efficient snow clearing routes. A potential con is that it may experience slightly more through traffic than a quieter side street, though data on this isn’t provided.