Property score
62.1
Fair
Overall 62.1 · Smaller than most nearby homes
1,002 sqft (bottom 13%) · Built in 1969 (3 yrs older than avg)
Located in a average-income area with median household income of ~58k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 18 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 42%Chinese · 14%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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62.1 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: #46110945
$58K
Median household income
$68K
Average household income
30%
Low income (LIM-AT)
0.3
Income inequality (Gini)
6.8
P90 / P10 ratio
22%
Single-person households
27%
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
31 Loyola Bay — 32 amenities found within 500 m, across 8 categories, including 18 dining (nearest 379 m), 2 education (nearest 180 m), 2 healthcare (nearest 395 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 16% | Bottom 6% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Loyola Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond presents a straightforward opportunity centered on its land and location. Built in 1969, the 1,002 sqft house sits on a notably large, 7,890 sqft lot that ranks well above average for its street, neighborhood, and even city-wide. This generous outdoor space is the property's standout feature, offering significant potential for gardening, expansion, or simply enjoying ample private yard space in a mature area.
The home itself has a functional, unrenovated basement and no garage, positioning it as a true blank canvas or a potential value-add project. Its assessed value is modest relative to the neighborhood, suggesting an accessible entry point into the Fort Richmond community. The appeal here is primarily for the practical buyer who sees value in land over a turn-key home. It would suit a first-time buyer comfortable with a project, an investor looking for a lot with an existing rental property, or someone wishing to build equity through gradual, sweat-equity improvements. Its above-average living area for the immediate street also indicates a reasonably spacious layout compared to its closest neighbors.
Frequently Asked Questions
1. What does "above average" for the lot size actually mean?
The lot is approximately 7,890 square feet. This places it in the top 9% of lots on Loyola Bay, the top 17% within Fort Richmond, and the top 12% city-wide, making it a genuinely larger-than-standard parcel for the area.
2. The assessed value seems low. What does that indicate?
The assessed value of $33,600 is below the averages for both the street and Fort Richmond. This typically reflects the home's unrenovated condition and basic features (e.g., no garage). It represents a lower property tax base but also confirms this is a property where the value is heavily tied to the land and the potential of the structure, not its current finishes.
3. Is the basement finished?
No, the listing specifies the basement is "not renovated," meaning it is likely an unfinished or rudimentary space awaiting development.
4. What are the recent sale trends for this property?
Based on available data, the home was last sold in January 2019 for an estimated price between $26,500 and $29,500.
5. How can I find out the exact historical sale price?
The exact sold price is not publicly displayed in the listing data. You can request it by email through the provided form on the listing page; the service aims to provide the accurate figure manually by the end of the same business day.
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