39 Magdalene Bay

Fort Richmond, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Smaller than most nearby homes

1,082 sqft (bottom 23%) · Built in 1972

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 20 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

62.0 is composed by the two sections below.

Property Score

58.8Fair
Living Area1,082 sqft52Fair
Year Built197258Fair
Lot Size6,497 sqft81Excellent
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
1,082 sqft
0255075100
Same streetTop 44%Same areaBottom 23%CitywideBottom 38%
Same street · Magdalene Bay
#17 / 39
Top 44% · Avg 1,061 sqft
Same area · Fort Richmond
#2,033 / 2,629
Bottom 23% · Avg 1,421 sqft
Citywide · Winnipeg
#121,296 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetTop 31%Same areaBottom 33%CitywideTop 40%
Same street · Magdalene Bay
#12 / 39
Top 31% · Avg 370.1k
Same area · Fort Richmond
#1,772 / 2,629
Bottom 33% · Avg 435.7k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 10%Same areaTop 41%CitywideTop 45%

Lot Size

above average
6,497 sqft
0255075100
Same streetTop 18%Same areaBottom 40%CitywideTop 22%

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 Magdalene Bay — 32 amenities found within 500 m, across 6 categories, including 20 dining (nearest 352 m), 2 education (nearest 207 m), 2 healthcare (nearest 384 m).

Search radius
🍽️Dining20
🏫Education2
🏥Healthcare2
🛒Shopping2
🏦Finance5
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 2/2025CA$450k–500k
Sold price

Same street

Top 12%

Same area

Top 16%

City-wide

Top 22%
Sold 5/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 3%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 39 Magdalene Bay, Winnipeg

Property Overview: 39 Magdalene Bay, Fort Richmond, Winnipeg

Key Characteristics & Buyer Profile

This well-maintained one-storey home in Fort Richmond is defined by its generous 6,497 sqft lot, which is notably larger than most in the immediate area and across Winnipeg. Built in 1972, it is newer than many of its direct neighbours. The 1,082 sqft living space is efficiently laid out and includes a renovated basement, adding functional space. An attached garage provides practical convenience.

The primary appeal lies in its established, quiet neighbourhood and the value offered by the substantial lot size—a relative rarity that provides ample outdoor space and potential. Its recent sale history suggests a stable and appreciating market position. This property would best suit first-time buyers, downsizers, or practical investors seeking a manageable, single-level home with a low-maintenance footprint but without sacrificing yard space. It’s a grounded choice for someone who values a bit more privacy and room to garden or entertain outdoors compared to typical suburban lots.


Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot is 6,497 sqft, which ranks in the top 18% on its own street and the top 22% city-wide. It is significantly larger than the average lot on Magdalene Bay and offers more outdoor space than most comparable Winnipeg homes.

2. What is the condition of the basement?
The basement has been renovated. Prospective buyers are encouraged to verify the scope, quality, and permits of the renovation during their inspection.

3. Is this a good investment based on recent sales?
The home sold in early 2025 at a price point that ranks well above average for the street and area compared to historical sales, indicating strong recent demand for properties in this location.

4. What are the property taxes likely to be?
The assessed value is $393,000. Property taxes can be estimated by applying the current City of Winnipeg mill rate to this assessment figure.

5. How does the living space compare to other homes?
At 1,082 sqft, the living area is very close to the average for the street but is more compact than the average home in both Fort Richmond and Winnipeg overall, emphasizing efficient use of space.

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