Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Purdue Bay): Below Average. Ranked #28 out of 42 (Bottom 33%). The street average for comparable homes is 1,370 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #1,455 out of 2,629 (Bottom 45%). The neighborhood average for comparable homes is 1,421 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #90,704 out of 194,457 (Top 47%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Purdue Bay): Around Average. Ranked #20 out of 42 (Top 48%). The street average for comparable homes is 430.5k.
Neighborhood Level (Fort Richmond): Below Average. Ranked #1,626 out of 2,629 (Bottom 38%). The neighborhood average for comparable homes is 468.9k.
Citywide Level (Winnipeg): Around Average. Ranked #81,741 out of 194,455 (Top 42%). The citywide average for comparable homes is 435.4k.
Street Level (Purdue Bay): Below Average. Ranked #24 out of 42 (Bottom 43%). The street average for comparable homes is 1968.
Neighborhood Level (Fort Richmond): Below Average. Ranked #1,864 out of 2,629 (Bottom 29%). The neighborhood average for comparable homes is 1972.
Citywide Level (Winnipeg): Below Average. Ranked #99,384 out of 194,457 (Bottom 49%). The citywide average for comparable homes is 1966.
Street Level (Purdue Bay): Below Average. Ranked #32 out of 42 (Bottom 24%). The street average for comparable homes is 6,180 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #2,286 out of 2,629 (Bottom 13%). The neighborhood average for comparable homes is 7,381 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #74,911 out of 194,457 (Top 39%). The citywide average for comparable homes is 6,570 sqft.
Fort Richmond market pulse
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.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
31 Purdue Bay — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 253 m), 2 parks (nearest 373 m).
Crime & safety
Waste collection schedule
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Is this home right for you?
Property Overview
This one-storey home at 31 Purdue Bay in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1967, the 1,238 sqft house sits on a 5,717 sqft lot and features a renovated basement and a detached garage. Its assessed value is approximately $40,900. Recent sales data shows steady activity, with the home selling roughly every three to four years.
Key Characteristics & Appeal
The primary appeal of this property lies in its modesty and consistency. It is not an outlier in size, value, or lot dimensions compared to its immediate street, neighbourhood, or the wider city; it consistently ranks as "around average" in most metrics. This reliability can be attractive, suggesting a stable investment in a mature area without the premium or the challenges of a more extreme property. The renovated basement adds functional living space, a valuable update in a home of this vintage.
Its straightforward, one-level layout (with additional basement space) would suit first-time buyers seeking an entry point into the market, downsizers looking for manageable living without stairs, or pragmatic investors attracted by the steady turnover history and rental demand in the university-adjacent Fort Richmond area. The detached garage offers flexibility for storage or parking separate from the house.
Frequently Asked Questions
1. What does it mean that the home ranks "around average" in most comparisons?
It indicates the property is very typical for its context. You are not paying a premium for a top-tier feature nor getting a bargain due to a significant drawback. It represents a median benchmark for the area, which can mean predictable costs and resale potential.
2. The home has sold several times recently. Is that a concern?
The pattern of sales every few years is notable but not inherently negative. It could reflect a desirable, liquid property for first-time or transitioning owners, or a reliable rental investment. Further due diligence on the reasons for each sale would be wise.
3. How does the assessed value relate to the likely selling price?
The assessed value ($40,900) is for municipal tax purposes and is typically much lower than market value. Recent sale price ranges for this home (from ~$32,500-$35,500 in 2020-2023 to ~$40,500-$43,500 in 2024) are the relevant indicators of its market worth.
4. What are the implications of the lot size being "below average" for the neighbourhood?
While the lot is smaller than many in Fort Richmond, it is close to the city-wide average. This likely means a more manageable yard with less maintenance, but potentially less privacy or space for expansions like a large deck or addition compared to some neighbours.
5. The basement is noted as renovated. What isn't mentioned?
The listing highlights the basement update but does not detail the condition of major systems (roof, plumbing, electrical) or the main living area. For a home built in 1967, the state of these original components is a key consideration, even with a renovated lower level.