35 Lafayette Bay

Fort Richmond, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Smaller than most nearby homes

1,066 sqft (bottom 20%) · Built in 1970 (2 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 2 schools, 2 shops, and 2 bank/ATMs nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 42%Chinese · 14%

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

62.7 is composed by the two sections below.

Property Score

60.0Fair
Living Area1,066 sqft52Fair
Year Built197052Fair
Lot Size11,703 sqft97Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
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: #46110945

Community deep dive

$58K

Median household income

$68K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.8

P90 / P10 ratio

22%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

around average
1,066 sqft
0255075100
Same streetTop 50%Same areaBottom 20%CitywideBottom 35%
Same street · Lafayette Bay
#18 / 36
Top 50% · Avg 1,124 sqft
Same area · Fort Richmond
#2,102 / 2,629
Bottom 20% · Avg 1,421 sqft
Citywide · Winnipeg
#125,878 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
399k
0255075100
Same streetTop 42%Same areaBottom 37%CitywideTop 39%
Same street · Lafayette Bay
#15 / 36
Top 42% · Avg 394k
Same area · Fort Richmond
#1,648 / 2,629
Bottom 37% · Avg 435.7k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 42%Same areaBottom 45%CitywideTop 48%

Lot Size

Elite
11,703 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 4%

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

35 Lafayette Bay — 18 amenities found within 500 m, across 5 categories, including 11 dining (nearest 437 m), 2 education (nearest 349 m), 2 shopping (nearest 331 m).

Search radius
🍽️Dining11
🏫Education2
🛒Shopping2
🏦Finance2
Worship1

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 8/2020CA$300k–350k
Sold price

Same street

Bottom 18%

Same area

Bottom 10%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 35 Lafayette Bay, Winnipeg

Property Overview: 35 Lafayette Bay, Fort Richmond

Key Characteristics & Appeal

This one-storey home in Fort Richmond is defined by a standout feature: an exceptionally large lot. At over 11,700 square feet, the land size ranks in the top 3-6% compared to nearby and city-wide properties, offering rare potential for expansion, gardening, or outdoor living. The house itself, built in 1970, is of average size for the neighborhood at just over 1,000 square feet and includes a renovated basement. It does not have a garage or pool. The assessed value is consistent with area averages.

The primary appeal lies in the land. For buyers who value space and possibility over a large existing footprint, this property represents a canvas. It’s well-suited for a first-time buyer or downsizer looking for a manageable single-level layout, who is willing to invest sweat equity or future renovations. It could also attract an investor or builder who sees the underlying value in the lot size itself, in a mature neighborhood with established amenities and schools.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key question for the seller or listing agent to understand the finish quality, ceiling height, and whether it includes a legal suite or additional bedrooms.

2. How does the lack of a garage affect daily living and value?
The property has no garage, which is common for many homes of this era. Buyers should consider the practicality for vehicle storage, hobbies, and storage, and factor in the cost and feasibility of adding a shed or future garage, for which the large lot provides ample space.

3. The sold price history shows a range from 2020. What is the exact figure?
The public data shows a sold price range. The exact historical sale price is available by request from the listing service to ensure accurate valuation comparisons.

4. Is the large lot size typical for Lafayette Bay?
No, it is not typical. The data shows this property has the largest lot rank (1 of 36) on the street, making it a unique offering in the immediate area.

5. What is the significance of the "around average" rankings for value and living area?
These metrics indicate the home is priced and sized in line with its local peers. This suggests market stability and fair pricing, but it also means the home's interior space is not its primary selling point—the land is. The value proposition is in the balance of a standard home on a superior lot.

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