354 Dalhousie Drive

Fort Richmond, Winnipeg

Property score

74.5

Good

Overall 74.5 · Compared with neighbourhood average

1,266 sqft (bottom 48%) · Built in 1971 (1 yr older than avg)

Located in a high-income area with median household income of ~94k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 48%Chinese · 10%

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

74.5 is composed by the two sections below.

Property Score

68.3Good
Living Area1,266 sqft66Good
Year Built197158Fair
Lot Size7,077 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

83.7Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
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: #46111016

Community deep dive

$94K

Median household income

$114K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)577
Labour force participation rate55%
Median age42.4
Avg household size3.0
Unemployment rate9%
Population density3394 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households15%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority55%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

above average
1,266 sqft
0255075100
Same streetTop 20%Same areaBottom 48%CitywideTop 44%
Same street · Dalhousie Drive
#22 / 112
Top 20% · Avg 1,184 sqft
Same area · Fort Richmond
#1,373 / 2,629
Bottom 48% · Avg 1,421 sqft
Citywide · Winnipeg
#85,780 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
451k
0255075100
Same streetTop 6%Same areaTop 28%CitywideTop 28%
Same street · Dalhousie Drive
#7 / 112
Top 6% · Avg 377k
Same area · Fort Richmond
#742 / 2,629
Top 28% · Avg 435.7k
Citywide · Winnipeg
#54,801 / 194,458
Top 28% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetBottom 37%Same areaTop 48%CitywideTop 47%

Lot Size

above average
7,077 sqft
0255075100
Same streetTop 26%Same areaTop 33%CitywideTop 16%

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

354 Dalhousie Drive — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 398 m), 2 parks (nearest 290 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1

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 7/2023CA$500k–550k
Sold price

Same street

Top 4%

Same area

Top 7%

City-wide

Top 16%
Sold 10/2019CA$350k–400k
Sold price

Same street

Top 22%

Same area

Top 46%

City-wide

Top 37%

Related homes

Highlights & common questions: 354 Dalhousie Drive, Winnipeg

Property Overview

This well-situated Fort Richmond home at 354 Dalhousie Drive presents a solid, above-average offering in a mature Winnipeg neighbourhood. Built in 1971, it is a one-storey house with a renovated basement and a detached garage, sitting on a generous 7,077 sqft lot. The home’s 1,266 sqft of living space is efficiently sized, ranking well within its immediate area. Its standout feature is its strong assessed value, which places it in the top tiers compared to homes on its street, in Fort Richmond, and citywide, suggesting a history of maintained or improved value. Recent sale data indicates steady appreciation.

Key Characteristics & Appeal

The primary appeal of this property lies in its established value and generous lot size within a sought-after neighbourhood. It’s not the newest home on the block, but it outperforms many peers in terms of assessment and land area, offering a tangible sense of space and investment stability. The renovated basement adds functional living space, a key update for a home of this era.

This home would suit pragmatic buyers—perhaps young families seeking a foothold in a reputable area like Fort Richmond, or downsizers looking for single-level living without compromising on yard space. It’s ideal for someone who values a mature neighbourhood’s character over a brand-new build and appreciates a property that has historically held its value well. The detached garage and large lot also offer flexibility for gardening, storage, or future projects.


Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The assessed value is notably strong, ranking in the top 6% on its own street. The home sold in mid-2023 in the $48.5k–$51.5k range, which was well above the local average at that time, confirming a pattern of above-market valuation.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, permits, and whether it includes added bedrooms, a legal suite, or simply finished living space.

3. Is the lot size a significant advantage?
Yes. At over 7,000 sqft, the lot is larger than most on Dalhousie Drive (top 26%) and above the city average. This provides more private outdoor space, potential for additions, and a less crowded feel than newer subdivisions.

4. What are the implications of the home's age (built 1971)?
The home is of average age for its area. Buyers should budget for updates consistent with this era, such as roof, windows, or major systems. However, its above-average condition is reflected in its strong assessed and sale values.

5. How does this home fit within the Fort Richmond neighbourhood?
Fort Richmond is a mature, family-oriented neighbourhood near the University of Manitoba. This property sits on a quiet street (Dalhousie Drive is a bay) and offers space and value that is becoming harder to find, making it a competitive option within the area.

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