31 Prescot Road

Fort Richmond, Winnipeg

Property score

73.9

Good

Overall 73.9 · Compared with neighbourhood average

1,204 sqft (bottom 40%) · Built in 1973 (1 yr newer than avg)

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

15% 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

73.9 is composed by the two sections below.

Property Score

67.8Good
Living Area1,204 sqft66Good
Year Built197358Fair
Lot Size6,957 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

83.1Excellent
Household Income89Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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
1,204 sqft
0255075100
Same streetBottom 40%Same areaBottom 40%CitywideTop 50%
Same street · Prescot Road
#12 / 20
Bottom 40% · Avg 1,310 sqft
Same area · Fort Richmond
#1,588 / 2,629
Bottom 40% · Avg 1,421 sqft
Citywide · Winnipeg
#96,569 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
397k
0255075100
Same streetBottom 20%Same areaBottom 36%CitywideTop 39%
Same street · Prescot Road
#16 / 20
Bottom 20% · Avg 424.1k
Same area · Fort Richmond
#1,687 / 2,629
Bottom 36% · Avg 435.7k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

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

Lot Size

above average
6,957 sqft
0255075100
Same streetTop 35%Same areaTop 38%CitywideTop 17%

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

31 Prescot Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 183 m), 1 parks (nearest 212 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 10/2017CA$300k–350k
Sold price

Same street

Bottom 10%

Same area

Bottom 25%

City-wide

Top 49%

Related homes

Highlights & common questions: 31 Prescot Road, Winnipeg

Property Overview

31 Prescot Road is a well-situated, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1973, it offers 1,204 sqft of living space on a generous 6,957 sqft lot. The home features a renovated basement and does not include a garage or pool. Its assessed value is notably below the average for its immediate street, presenting a potential value opportunity in the area.

Key Characteristics & Appeal

This property’s primary appeal lies in its balance of space, location, and value. The living area is comfortably sized and ranks around average for the neighbourhood, making it a practical family home. The lot size is a standout feature, placing in the top 17% city-wide, offering ample outdoor space that is less common in newer developments.

Its strongest financial characteristic is the assessed value, which is in the top 80% on its own street—meaning it is lower than most neighbours'. This suggests a potentially attractive entry point into a stable area. The renovated basement adds immediate functional living space without the need for initial work.

The home would suit first-time buyers or downsizers seeking a manageable single-level layout in a mature neighbourhood. The large lot is a significant asset for those who value gardening, privacy, or future expansion potential. It’s a pragmatic choice for buyers who prioritize land size and value over a modern or high-spec finish.


Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold in late 2017 for an estimated $32.5k–$35.5k. The current assessed value of $39.7k is higher, which is typical as assessments follow market trends. It remains below the current average assessed value for Prescot Road.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a separate entrance or additional bedrooms.

3. Is the lack of a garage a major concern?
The home has no garage, which is common for many homes of this era in the area. The large lot does provide room for potential addition of a garage or shed, subject to local bylaws.

4. How does the 1973 build year affect the home?
Built in 1973, the home is newer than many in Winnipeg but will still likely have original components, like windows or the roof, that may need attention or updating. Its build year ranks in the top 10% on its street, meaning it's one of the newer homes in that direct comparison.

5. What is the neighbourhood like?
Fort Richmond is a mature, established neighbourhood near the University of Manitoba. It offers a mix of residential streets with good access to amenities, parks, and major routes. The direct comparison data shows the property is very typical for this area in terms of size and value.

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.