Property score
75.0
Good
Overall 75.0 · Larger and newer than most nearby homes
1,940 sqft (top 11%) · Built in 1975 (3 yrs newer than avg)
Located in a average-income area
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 52%Chinese · 16%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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75.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110941
23%
Single-person households
29%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
38 Michigan Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 335 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 5% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Michigan Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical and comfortable living space with notable updates. Its key feature is a recently renovated basement, adding valuable finished square footage to the already generous 1,940 sqft living area. The property also includes a pool, a desirable amenity for warmer months. Built in 1975, the home sits on a 6,376 sqft lot, providing ample outdoor space.
The appeal lies in its above-average size and value within the broader context of both the neighbourhood and the city. The living space ranks in the top 12% citywide, meaning it offers more room than most Winnipeg homes. Its assessed value also sits well above the Fort Richmond and city averages, suggesting a solid level of investment for the area. The home suits buyers looking for a move-in-ready property with recreational space (the pool) and the flexibility of a finished basement—ideal for a growing family, someone who enjoys entertaining, or anyone seeking extra room for a home office or gym without needing an addition.
A less obvious perspective is the lot size: while it's above average citywide, it's slightly smaller than others on Michigan Avenue itself. This could mean less yard maintenance than some neighbours, but it's still a substantial parcel. The home represents a balanced offering—not the newest on the block, but with modernized living space and amenities that outperform many comparable properties in the wider market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,940 sqft, the living area is significantly above the Winnipeg city-wide average. It ranks in the top 12% of all homes in the city for size and is also above average for the Fort Richmond neighbourhood.
2. What is the significance of the assessed value?
The assessed value of $51.80k is above the average for both Fort Richmond (top 10%) and the city overall (top 17%). This typically indicates the municipality views the property as having a higher value than many of its peers, which can be a positive marker, though market sale price can vary.
3. Is the lot size typical?
The 6,376 sqft lot is larger than the average Winnipeg lot, ranking in the top 24% citywide. On Michigan Avenue itself, however, lots tend to be larger, so this property’s lot is slightly below the street average.
4. What does "renovated basement" include?
The listing confirms the basement is renovated, meaning it is a finished, livable space. Specific details on the finishes, rooms, or permits should be verified with the seller or listing agent.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in the data. You can request the precise sale history by emailing the source of this information (SaveOnHouse), which they provide manually without using your email for unsolicited marketing.
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