31 Prestwood Place

Fort Richmond, Winnipeg

Property score

92.4

Excellent

Overall 92.4 · Larger and newer than most nearby homes

2,648 sqft (top 3%) · Built in 1983 (11 yrs newer than avg)

Located in a high-income area with median household income of ~156k

Transit 60.0 · 11-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

86% larger than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 76%Chinese · 7%

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

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Property score

92.4 is composed by the two sections below.

Property Score

91.5Excellent
Living Area98
2,648 sqftExcellent
Year Built73
1983Good
Lot Size95
9,426 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

93.8Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110940

Community deep dive

$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

Population, labour & age

Population (2021)416
Labour force participation rate57%
Median age53.2
Avg household size2.7
Unemployment rate0%
Population density1014 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households3%
Couple families with children32%
Median household income (2020)$156K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$520K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority21%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Chinese · 7%

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

Rankings

Living Area

Elite
2,648 sqft
0255075100
Same streetTop 8%Same areaTop 3%CitywideTop 2%
Same street · Prestwood Place
#1 / 13
Top 8% · Avg 2,054 sqft
Same area · Fort Richmond
#67 / 2,629
Top 3% · Avg 1,421 sqft
Citywide · Winnipeg
#3,991 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

above average
543k
0255075100
Same streetTop 23%Same areaTop 8%CitywideTop 14%
Same street · Prestwood Place
#3 / 13
Top 23% · Avg 511k
Same area · Fort Richmond
#202 / 2,629
Top 8% · Avg 435.7k
Citywide · Winnipeg
#26,381 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 8%Same areaTop 6%CitywideTop 31%

Lot Size

above average
9,426 sqft
0255075100
Same streetTop 38%Same areaTop 10%CitywideTop 7%

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 Prestwood Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 105 m).

Search radius
🌳Parks2

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 3/2017CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 46%

City-wide

Top 41%

Related homes

Highlights & common questions: 31 Prestwood Place, Winnipeg

Property Overview: 31 Prestwood Place, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond is defined by its above-average scale and established neighbourhood setting. Built in 1983, it offers 2,648 sqft of living space, placing it in the top tier of homes locally—significantly larger than both area and city-wide averages. The property sits on a generous 9,426 sqft lot, providing ample outdoor space that is increasingly rare in newer subdivisions. Key features include an attached garage and a basement (not renovated), offering functional space and future potential.

The primary appeal lies in its spaciousness and established location. It suits buyers looking for room to grow without the maintenance of an older character home, or those seeking a value proposition based on usable square footage. It would particularly fit a family needing multiple bedrooms and living areas, or a buyer who prioritizes a large, private yard over a recently built or fully updated interior. A thoughtful perspective is that while the home itself may require modernization, its above-average lot size and living area represent a fixed asset that cannot be replicated in newer, denser developments, offering long-term value in the land itself.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The assessed value is for taxation purposes and is typically lower than market value. The last recorded sale was in 2017, so current market conditions will be the primary driver of price.

2. What does "basement, not renovated" imply?
It indicates the lower level is functional but may have original finishes from the 1980s. Buyers should budget for updates and consider it a blank canvas for future finishing to suit their needs.

3. The home ranks highly for size, but what about its condition?
The listing does not detail the interior condition or updates. Given its age, prospective buyers should anticipate potential updates to key systems like roofing, windows, or HVAC, alongside cosmetic renovations.

4. Is the lot size a significant advantage?
Yes. The lot is in the top 10% for Fort Richmond, offering substantial outdoor space for gardens, play, or expansion. This is a key differentiator from many contemporary homes.

5. What is the neighbourhood like?
Fort Richmond is an established, family-oriented community near the University of Manitoba. It offers mature landscaping, parks, and convenient amenities, appealing to those seeking a settled, convenient suburban lifestyle.