34 Thornhill Bay

Fort Richmond, Winnipeg

Property score

63.3

Fair

Overall 63.3 · Smaller but newer than most nearby homes

1,015 sqft (bottom 14%) · Built in 1976 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 52.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 66%Chinese · 5%

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

63.3 is composed by the two sections below.

Property Score

60.6Fair
Living Area1,015 sqft52Fair
Year Built197667Good
Lot Size6,397 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

67.4Good
Household Income74Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need25Low
Employment Health52Fair

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: #46110966

Community deep dive

$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

Population, labour & age

Population (2021)624
Labour force participation rate63%
Median age29.2
Avg household size2.9
Unemployment rate15%
Population density1521 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households11%
Couple families with children25%
Median household income (2020)$74K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$412K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority39%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

below average
1,015 sqft
0255075100
Same streetBottom 2%Same areaBottom 14%CitywideBottom 28%
Same street · Thornhill Bay
#44 / 45
Bottom 2% · Avg 1,328 sqft
Same area · Fort Richmond
#2,252 / 2,629
Bottom 14% · Avg 1,421 sqft
Citywide · Winnipeg
#140,594 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
429k
0255075100
Same streetTop 29%Same areaTop 40%CitywideTop 32%
Same street · Thornhill Bay
#13 / 45
Top 29% · Avg 417.3k
Same area · Fort Richmond
#1,058 / 2,629
Top 40% · Avg 435.7k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 42%Same areaTop 20%CitywideTop 39%

Lot Size

above average
6,397 sqft
0255075100
Same streetTop 20%Same areaBottom 33%CitywideTop 24%

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

34 Thornhill Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 324 m), 1 parks (nearest 283 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 6/2017CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Bottom 48%

City-wide

Top 39%

Related homes

Highlights & common questions: 34 Thornhill Bay, Winnipeg

Property Summary: 34 Thornhill Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated bi-level home in Fort Richmond, built in 1976. With 1,015 sqft of living space, the home is notably compact compared to most in its immediate area, ranking in the top 98% (meaning it's among the smallest). However, this is balanced by a generous and above-average 6,397 sqft lot, offering significant outdoor space relative to the neighbourhood and city. The home features an attached garage and a renovated basement.

Its primary appeal lies in this balance of a modest, manageable house on a large parcel of land. It suits buyers looking for an entry point into a stable neighbourhood without the upkeep of a larger home, or those who prioritize yard space for gardening, recreation, or future expansion over interior square footage. The assessed value is strong for its street and aligns with area averages, suggesting a solid value proposition for the location. It’s a practical choice for first-time buyers, downsizers, or investors seeking a land-value play with a rentable dwelling.

Section 2: Frequently Asked Questions

1. Is the house too small?
While the living area is below average for the street and area, the layout and renovated basement likely maximize the usable space. This appeals to those seeking efficient, low-maintenance living.

2. What does the high land area ranking mean?
Ranking in the top 20% for lot size on its street and top 24% city-wide indicates the property has a larger-than-typical yard for the area. This is a key asset, offering privacy and potential not found on newer, denser lots.

3. How current is the sold price data?
The last recorded sale was in June 2017. For the exact sold price and to understand current market value, you must request the data via email, as per the listing service's verification process.

4. What does "around average" for assessed value indicate?
It means the property’s official city assessment is typical for Fort Richmond. This can signal a stable, established value without the premium or discount associated with outliers, which some buyers find reassuring.

5. Who would this property not suit?
It may not fit buyers who need substantial indoor living space, multiple large bedrooms, or who prefer a brand-new home. The appeal is geared toward those who value land size and location over a large interior footprint.

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.