39 Mcmasters Road

Fort Richmond, Winnipeg

Property score

68.6

Good

Overall 68.6 · Older than most nearby homes

1,186 sqft (bottom 34%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

68.6 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,186 sqft60Fair
Year Built196546Low
Lot Size6,048 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,186 sqft
0255075100
Same streetBottom 31%Same areaBottom 34%CitywideBottom 48%
Same street · Mcmasters Road
#25 / 36
Bottom 31% · Avg 1,395 sqft
Same area · Fort Richmond
#1,735 / 2,629
Bottom 34% · Avg 1,421 sqft
Citywide · Winnipeg
#100,455 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
387k
0255075100
Same streetBottom 28%Same areaBottom 28%CitywideTop 42%
Same street · Mcmasters Road
#26 / 36
Bottom 28% · Avg 399.7k
Same area · Fort Richmond
#1,900 / 2,629
Bottom 28% · Avg 435.7k
Citywide · Winnipeg
#81,326 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 25%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,048 sqft
0255075100
Same streetBottom 19%Same areaBottom 20%CitywideTop 30%

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 Mcmasters Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 423 m), 1 parks (nearest 327 m).

Search radius
🏫Education1
🌳Parks1
Worship2

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 6/2020CA$300k–350k
Sold price

Same street

Bottom 29%

Same area

Bottom 29%

City-wide

Top 48%

Related homes

Highlights & common questions: 39 Mcmasters Road, Winnipeg

Property Overview: 39 Mcmasters Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical and straightforward property built in 1965. With 1,186 sqft of living space and a renovated basement, it offers functional living on a decent 6,048 sqft lot. The home lacks a garage or pool, positioning it as a no-frills, value-oriented option.

Its primary appeal lies in its relative affordability and established neighbourhood. The assessed value is notably below average for its immediate street and Fort Richmond area, suggesting a potentially accessible entry point into this part of the city. Interestingly, while the lot size is smaller than many in Fort Richmond, it is above average compared to the entire city, offering a good balance of yard space without excessive maintenance. The renovated basement adds valuable finished living area.

This property would suit first-time buyers, downsizers, or investors seeking a lower-maintenance, single-level home in a mature neighbourhood. It’s for those who prioritize location and practicality over modern luxury or extensive square footage, and who see potential in a home that may offer value relative to its immediate peers.

Section 2: Frequently Asked Questions

1. What is the exact recent sold price?
The available public data shows a sold price range of $325k-$355k for June 2020. For the precise figure, you can request it via email from the listing source, which provides this detail manually.

2. How does this home compare to others on the street?
The data indicates it has a smaller living area and lot size than the average home on Mcmasters Road, and a lower assessed value. However, it is one of the older homes on the street, which can sometimes mean a more established streetscape or larger mature trees.

3. Is the assessed value a reliable indicator of market price?
Not directly. The assessed value of approximately $387k is for municipal tax purposes. The fact that it ranks "below average" for the area suggests it may be priced lower than many neighbours, but the actual market price is determined by current buyer demand and the home's condition.

4. What are the implications of not having a garage?
This means relying on street parking or adding a driveway/parking pad, which is a consideration for Winnipeg winters. For some buyers, this trade-off contributes to the home's affordability and reduces maintenance.

5. The home is described as having a "renovated basement." What should I verify?
It's important to confirm the scope, quality, and permits for the renovation. Also, check for any moisture issues common in basements of this era, as the renovation could conceal underlying concerns.

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