31 Valence Avenue

Two StoreyBuilt 1975Living Area 1,640 sqftAttached Garage
Sale History
SOLDin Nov 2021
450K±5,0009yr +45.2%
Tax Assessment
481k(prev. 453k)
+28k(+6.2%)
DateSold PriceNeighbourhood
2021-11Sold450K±5,00031/183
2012-10Sold310K±5,00064/139

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,640 sqft · top 24% in area · built 1975 · 3 yrs newer than avg
$
High-income areaMedian household income ~$74K · top tier income demographics
8-min walk to transit3 nearby routes · score 70/100
Score

Property score

Overall score
73.4Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
77.4
Good
Living area
83
Year built
58
Lot size
81
Sales activity
78
Community Score
67.4
Fair
Income
74
Education
82
Housing
63
Core need
25
Employment
52
Rankings

How it stacks up

Each metric compared against 43 homes on Valence Avenue, 2,629 in Fort Richmond, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,640 sqft
NEAR AVERAGE
StreetTop 14%AreaTop 24%CityTop 23%
Same street
Top 14%
#6 / 43
Same area
Top 24%
#626 / 2,629
Citywide
Winnipeg
Top 23%
#45,475 / 194,457
Tax-Assessed Value
481 k
NEAR AVERAGE
StreetTop 49%AreaTop 30%CityTop 32%
Same street
Top 49%
#21 / 43
Same area
Top 30%
#790 / 2,629
Citywide
Winnipeg
Top 32%
#61,680 / 194,455
Year Built
1975
NEAR AVERAGE
StreetTop 9%AreaTop 24%CityTop 40%
Same street
Top 9%
#4 / 43
Same area
Top 24%
#629 / 2,629
Citywide
Winnipeg
Top 40%
#78,599 / 194,457
Lot Size
6,157 sqft
BELOW AVERAGE
StreetBottom 37%AreaBottom 22%CityTop 28%
Same street
Bottom 37%
#27 / 43
Same area
Bottom 22%
#2,039 / 2,629
Citywide
Winnipeg
Top 28%
#53,664 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
31 Valence Avenue: Living Area Analysis

Street Level (Valence Avenue): Above Average. Ranked #6 out of 43 (Top 14%). The street average for comparable homes is 1,396 sqft.

Neighborhood Level (Fort Richmond): Around Average. Ranked #626 out of 2,629 (Top 24%). The neighborhood average for comparable homes is 1,421 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #45,475 out of 194,457 (Top 23%). The citywide average for comparable homes is 1,342 sqft.

31 Valence Avenue: Tax-Assessed Value Analysis

Street Level (Valence Avenue): Around Average. Ranked #21 out of 43 (Top 49%). The street average for comparable homes is 473.4k.

Neighborhood Level (Fort Richmond): Around Average. Ranked #790 out of 2,629 (Top 30%). The neighborhood average for comparable homes is 468.9k.

Citywide Level (Winnipeg): Around Average. Ranked #61,680 out of 194,455 (Top 32%). The citywide average for comparable homes is 435.4k.

31 Valence Avenue: Year Built Analysis

Street Level (Valence Avenue): Above Average. Ranked #4 out of 43 (Top 9%). The street average for comparable homes is 1975.

Neighborhood Level (Fort Richmond): Around Average. Ranked #629 out of 2,629 (Top 24%). The neighborhood average for comparable homes is 1972.

Citywide Level (Winnipeg): Around Average. Ranked #78,599 out of 194,457 (Top 40%). The citywide average for comparable homes is 1966.

31 Valence Avenue: Lot Size Analysis

Street Level (Valence Avenue): Below Average. Ranked #27 out of 43 (Bottom 37%). The street average for comparable homes is 6,555 sqft.

Neighborhood Level (Fort Richmond): Below Average. Ranked #2,039 out of 2,629 (Bottom 22%). The neighborhood average for comparable homes is 7,381 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #53,664 out of 194,457 (Top 28%). The citywide average for comparable homes is 6,570 sqft.

Market

Fort Richmond market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
1,069
last 14 years
Median price
445k
14-year area median
Price per sqft
$351/sqft
area average
Avg build year
1972
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Most below ask
0%
Below ask0% above
0 of 0 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

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.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110966 · Statistics Canada 2021 Census · Population 624
624
Population (2021)
29.2
Median age
2.9
Avg household size
1,521 / km²
Population density
Distribution by household income band
0-5k
2%
15k-20k
5%
20k-25k
2%
25k-30k
2%
30k-35k
5%
35k-40k
5%
40k-45k
5%
45k-50k
2%
50k-60k
10%
60k-70k
5%
70k-80k
7%
80k-90k
5%
90k-100k
5%
100k-125k
10%
125k-150k
10%
150k-200k
12%
200k plus
7%
$74K
Median household income
$91K
Average household income
29%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.9
P90 / P10 ratio
11%
Single-person households
25%
Families with children
63%
Labour participation
15%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

31 Valence Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 322 m), 1 parks (nearest 277 m).

Search radius
🏫Education1
🌳Parks1

Crime & safety

Fort Richmond · WPS public data
Full crime data →
Annual incidents
38
2026
vs. city average
+29%
▲ relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
wednesday
Recycling
wednesday
Yard waste
wednesday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 31 Valence Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview

This two-storey home at 31 Valence Avenue in Fort Richmond offers a well-proportioned living space on a quiet street. Its key appeal lies in its above-average, renovated living area of 1,640 sqft, which ranks within the top 14% of homes on its own street. Built in 1975, the house is notably newer than many in the wider city. It features an attached garage and a renovated basement, adding functional space. The lot size is standard for the street but smaller than the Fort Richmond average, suggesting a manageable yard with less maintenance.

The property suits buyers looking for a move-in-ready home with modernized finishes in a stable, established neighborhood. It’s particularly well-matched for small families or professionals who value more interior space over a large garden, and for those who appreciate a home that stands out on its block for its size and relative newness without being an outlier in price.


Frequently Asked Questions

How does the living space truly compare to other homes?
At 1,640 sqft, the living area is genuinely spacious for the area. It's larger than the average home on Valence Avenue, in Fort Richmond, and across Winnipeg, placing it in the top quarter for size in all those categories.

Is the assessed value a reliable indicator of the market price?
The assessed value is a municipal figure for tax purposes. While this home's assessment is around average for the street, recent sold price data from late 2021 suggests a market value in a similar range. It's a solid baseline, but current market conditions will ultimately determine the price.

What does "renovated basement" typically mean for a 1975 home?
In this context, it likely indicates a finished lower level that has been updated. For a home of this age, it's a significant advantage, adding livable square footage. Buyers should inquire about the scope, permits, and the quality of the finish to understand its full value.

The lot is smaller than the Fort Richmond average. Is that a concern?
It depends on your priorities. The lot is standard for Valence Avenue itself. It means less yard maintenance, which many buyers appreciate, but may offer less private outdoor space than some other properties in the broader neighborhood.

How does the year built (1975) affect the home?
Being built in 1975 places it in a sweet spot for many buyers: newer than the city-wide average, potentially meaning fewer major aging component issues than much older stock, but still part of an established community with mature landscaping. It's among the newer homes on its street.