39 Cornell Drive

Fort Richmond, Winnipeg

Property score

73.6

Good

Overall 73.6 · Older than most nearby homes

1,259 sqft (bottom 46%) · Built in 1965 (7 yrs older than avg)

Located in a high-income area with median household income of ~113k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

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

73.6 is composed by the two sections below.

Property Score

64.8Fair
Living Area66
1,259 sqftGood
Year Built46
1965Low
Lot Size81
6,268 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

86.7Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

around average
1,259 sqft
0255075100
Same streetBottom 29%Same areaBottom 46%CitywideTop 45%
Same street · Cornell Drive
#20 / 28
Bottom 29% · Avg 1,383 sqft
Same area · Fort Richmond
#1,414 / 2,629
Bottom 46% · Avg 1,421 sqft
Citywide · Winnipeg
#87,437 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
365k
0255075100
Same streetBottom 11%Same areaBottom 12%CitywideTop 49%
Same street · Cornell Drive
#25 / 28
Bottom 11% · Avg 417.3k
Same area · Fort Richmond
#2,308 / 2,629
Bottom 12% · Avg 435.7k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,268 sqft
0255075100
Same streetBottom 21%Same areaBottom 27%CitywideTop 26%

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

39 Cornell Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 477 m), 3 parks (nearest 279 m).

Search radius
🏫Education1
🌳Parks3

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

39 Cornell Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 39 Cornell Drive, Winnipeg

Property Overview: 39 Cornell Drive, Fort Richmond

Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1965, situated on a generous 6,268 sqft lot in the established Fort Richmond neighbourhood. With 1,259 sqft of living space and a renovated basement, it offers practical, single-level living. The home’s primary appeal lies in its balance of space and value. While its living area and assessed value are below average for its immediate street and neighbourhood, the lot size is notably larger than the Winnipeg citywide average, presenting a relative rarity of land for the area. This creates a distinct value proposition: you are acquiring a property with above-city-average outdoor space in a convenient location, but in a home that is modest in scale and price point relative to its surroundings.

It would suit first-time buyers or downsizers seeking an entry into a stable, mature neighbourhood without a premium price tag. The single-storey layout is ideal for those looking for accessibility or simplicity. The renovated basement adds functional living space, appealing to those who need a flexible area for a family room, home office, or guests. This property is for the practical buyer who values land potential and location over a large or modernized interior, seeing the below-average assessments as an opportunity rather than a drawback.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value (listed as $36,500) is for municipal tax purposes. The market value—what a buyer would pay—is determined by current market conditions and can be significantly higher.

2. What does the "below average" ranking for assessed value mean?
It means this home’s official assessed value is lower than most homes on its street and in Fort Richmond. This can indicate a potentially lower property tax burden compared to neighbours, but it often reflects the home’s more modest size and vintage relative to others in the area.

3. The lot is ranked "above average" citywide. Why is that important?
A lot size of 6,268 sqft is larger than typical for Winnipeg, especially in established neighbourhoods. This offers more private outdoor space, potential for gardening, additions, or future landscaping projects—a feature that is increasingly valuable and harder to find.

4. What are the implications of no garage?
Parking will be limited to the driveway. This is a common feature in older neighbourhoods and requires consideration for vehicle storage, visitor parking, and winter snow clearing. The large lot may offer room to add a garage in the future, subject to local bylaws.

5. How does the renovated basement affect the home's value?
A finished basement adds usable living space, which is a strong functional benefit. However, it's important to understand the scope and quality of the renovation, including permits, moisture control, and ceiling height, as these factors influence both value and livability.