Property score
81.1
Excellent
Overall 81.1 · Newer than most nearby homes
1,243 sqft (bottom 45%) · Built in 1981 (9 yrs newer than avg)
Located in a high-income area with median household income of ~156k
Transit 60.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 2 sports facilitys nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 76%Chinese · 7%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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81.1 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: #46110940
$156K
Median household income
$276K
Average household income
9%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.0
P90 / P10 ratio
3%
Single-person households
32%
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 Prestwood Place — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 64 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 | Top 25% | Top 15% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 3 Prestwood Place in Fort Richmond presents a practical opportunity with a distinct profile. Its key appeal lies in the generous, above-average lot size of over 10,000 sqft, offering significant outdoor space that is rare citywide. The home itself is more modest at 1,243 sqft of living area and features a renovated basement and an attached garage. Built in 1981, it is newer than many homes in Winnipeg. The assessed value is notably above average for the Fort Richmond area, suggesting official valuation recognizes its lot premium and recent updates.
This property would suit a buyer who prioritizes land and future potential over immediate square footage. It's ideal for someone looking for room to garden, play, or potentially expand, and who prefers the convenience of a single-level layout. It may also appeal to a value-conscious buyer seeking a home in a mature neighbourhood without the maintenance concerns of an older build.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is substantially larger than average. At 10,258 sqft, it ranks in the top 6% citywide, compared to a Winnipeg average of about 6,570 sqft.
2. The living area seems smaller than nearby homes. Is that a concern?
On its specific street, the living area is the smallest among comparable homes. However, within the broader Fort Richmond area and city, it is close to the average. This highlights a trade-off: you're acquiring a larger-than-average property with a more compact house footprint.
3. Why is the assessed value high for the neighbourhood?
While the assessed value is below average on its own street, it ranks in the top 19% for Fort Richmond. This is likely due to the combination of the valuable large lot, the renovated basement, and the home's relatively newer construction date for the area.
4. What is the likely price range based on recent sales?
Based on public data, the home sold in August 2022 for an estimated range of $44,500 to $47,500. It's important to request the exact sold price history for precise figures, as market conditions have evolved.
5. What are the less obvious points to consider?
The data suggests a "land value" proposition. The investment is heavily weighted toward the property itself rather than the size of the house. Also, being one of the newer homes on the street could mean fewer immediate major system replacements compared to older peers, but a thorough inspection is always recommended.
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