35 Tulane Bay

Fort Richmond, Winnipeg

Property score

71.3

Good

Overall 71.3 · Older than most nearby homes

1,442 sqft (top 39%) · Built in 1966 (6 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 70.0 · 8-min walk to transit with 3 nearby routes

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

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

71.3 is composed by the two sections below.

Property Score

74.0Good
Living Area75
1,442 sqftGood
Year Built52
1966Fair
Lot Size98
13,150 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

67.2Good
Household Income68
Good
Education Level91
Excellent
Housing Stress20
Low
Core Housing Need88
Excellent
Employment Health42
Low

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: #46111020

Community deep dive

$67K

Median household income

$76K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.9

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

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

Rankings

Living Area

above average
1,442 sqft
0255075100
Same streetTop 11%Same areaTop 39%CitywideTop 34%
Same street · Tulane Bay
#4 / 35
Top 11% · Avg 1,196 sqft
Same area · Fort Richmond
#1,038 / 2,629
Top 39% · Avg 1,421 sqft
Citywide · Winnipeg
#65,368 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
487k
0255075100
Same streetTop 6%Same areaTop 15%CitywideTop 22%
Same street · Tulane Bay
#2 / 35
Top 6% · Avg 400.9k
Same area · Fort Richmond
#403 / 2,629
Top 15% · Avg 435.7k
Citywide · Winnipeg
#42,666 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 20%Same areaBottom 24%CitywideBottom 48%

Lot Size

Elite
13,150 sqft
0255075100
Same streetTop 3%Same areaTop 4%CitywideTop 3%

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

Search radius
No data within 500 m.

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 12/2024CA$400k–450k
Sold price

Same street

Top 19%

Same area

Top 25%

City-wide

Top 27%
Sold 6/2021CA$400k–450k
Sold price

Same street

Top 14%

Same area

Top 23%

City-wide

Top 26%
Sold 7/2017CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Bottom 38%

City-wide

Top 43%

Related homes

Highlights & common questions: 35 Tulane Bay, Winnipeg

Property Overview: 35 Tulane Bay, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1966, sits on an exceptionally large lot of over 13,000 sqft, placing it in the top tier for land size within its street, neighbourhood, and the wider city. The home itself offers 1,442 sqft of living space and features an attached garage and a renovated basement. Its primary appeal lies in this rare combination of a spacious, established lot in a mature neighbourhood and a home with updated fundamentals. The property’s consistent value growth, with sold prices rising from $362k in 2017 to $430k in late 2024, suggests a stable and desirable location.

This home would suit buyers looking for outdoor space and privacy that is often hard to find in newer subdivisions. It’s ideal for those who value a large yard for gardening, recreation, or future expansion, and who appreciate a home with a renovated basement ready for use. The data indicates it particularly stands out on its street for lot size and overall value, making it a prime candidate for buyers prioritizing land over a brand-new build.

Frequently Asked Questions

1. How does the age of the home (1966) affect maintenance?
While the home is nearly 60 years old, key updates like a renovated basement are noted. Buyers should budget for and inspect age-related systems common to homes of this era, such as the roof, windows, plumbing, and electrical, which may need attention or updating.

2. What does the large lot size mean practically?
The 13,150 sqft lot is significantly above average, offering ample space for additions like a deck, shed, or garden. It also provides a greater sense of privacy and room for children or pets to play. It’s a long-term asset that is increasingly scarce.

3. The assessed value is much lower than the recent sale price. Why?
Municipal assessed value ($48,700) is for tax purposes and is typically calculated using older mass-appraisal methods. It often lags behind the current market value, which is better reflected in the recent sale price of $430,000 (December 2024).

4. Is the neighbourhood actively developing?
Fort Richmond is a mature, established neighbourhood. The high rankings for lot size and value on this street suggest it’s a well-regarded, stable area rather than one undergoing rapid new development, appealing to those seeking consistency.

5. How does this home compare to others nearby?
The home ranks highly in its immediate area for lot size, living area, and value. Compared to nearby listings, it offers more living space and land than many, positioning it as a premium offering within this specific pocket of Fort Richmond.