39 Rice Road

Fort Richmond, Winnipeg

Property score

72.8

Good

Overall 72.8 · Larger than most nearby homes

1,790 sqft (top 17%) · Built in 1973 (1 yr newer than avg)

Located in a average-income area

Transit 68.0 · 3-min walk to transit with 2 nearby routes

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 52%Chinese · 16%

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

72.8 is composed by the two sections below.

Property Score

79.2Good
Living Area1,790 sqft86Excellent
Year Built197358Fair
Lot Size6,266 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

63.3Fair
Household Income50Fair
Education Level100Excellent
Housing Stress50Fair
Core Housing Need50Fair
Employment Health83Excellent

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: #46110941

Community deep dive

23%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)223
Labour force participation rate67%
Median age48.0
Avg household size2.5
Unemployment rate0%
Population density2787 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households23%
Couple families with children29%
Median household income (2020)

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority44%
Bachelor's or higher (25–64)73%
Mother tongue (1st)English · 52%
Mother tongue (2nd)Chinese · 15%

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

Rankings

Living Area

above average
1,790 sqft
0255075100
Same streetTop 8%Same areaTop 17%CitywideTop 18%
Same street · Rice Road
#2 / 25
Top 8% · Avg 1,360 sqft
Same area · Fort Richmond
#440 / 2,629
Top 17% · Avg 1,421 sqft
Citywide · Winnipeg
#34,143 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
478k
0255075100
Same streetTop 12%Same areaTop 17%CitywideTop 23%
Same street · Rice Road
#3 / 25
Top 12% · Avg 429.9k
Same area · Fort Richmond
#460 / 2,629
Top 17% · Avg 435.7k
Citywide · Winnipeg
#45,647 / 194,458
Top 23% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetTop 32%Same areaTop 33%CitywideTop 43%

Lot Size

above average
6,266 sqft
0255075100
Same streetBottom 16%Same areaBottom 26%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

Search radius
No data within 500 m.

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 8/2017CA$400k–450k
Sold price

Same street

Top 40%

Same area

Top 29%

City-wide

Top 29%

Related homes

Highlights & common questions: 39 Rice Road, Winnipeg

Property Overview: 39 Rice Road, Fort Richmond

This 4-level split home in Fort Richmond presents a practical and spacious option in a well-established Winnipeg neighbourhood. Built in 1973, it offers 1,790 sqft of living space, which is notably above average for the immediate area, and features a renovated basement and an attached garage. The property sits on a 6,266 sqft lot.

Key Characteristics & Appeal

The primary appeal of this home lies in its generous interior space relative to its local market. With living area rankings in the top 8% on its street and top 17% in Fort Richmond, it offers more room than many comparable homes, making it a standout for buyers seeking size without a premium price tag. The renovated basement adds immediate functional value. Its assessed value is consistently above average across all comparison levels, suggesting a solid valuation foundation.

This property would suit a practical buyer—perhaps a growing family or someone looking for a spacious starter home—who values interior square footage over a large yard, as the lot size is more modest compared to nearby properties. It’s a home for those comfortable with the layout of a 4-level split and the maintenance considerations of a house over 50 years old, but who also appreciate the updates already in place and the stability of a mature neighbourhood like Fort Richmond.

A less obvious perspective is that while the lot is smaller than many in the area, it may translate to less yard upkeep. Additionally, its above-average assessed value within a city-wide context hints at a perceived stability that could appeal to a long-term buyer.

Frequently Asked Questions

1. How does the living space compare to newer homes?
At 1,790 sqft, the living area is significantly larger than the average for both the local area (1,360 sqft) and city-wide comparisons (1,342 sqft), offering space often found in newer builds without the same price point.

2. What does the "above average" assessed value mean?
The home’s assessed value ranks in the top 12-23% across street, neighbourhood, and city comparisons. This generally indicates the property is valued higher than most of its peers, which can reflect its size, condition, and location, but is not a direct predictor of market selling price.

3. Is the smaller lot size a concern?
The lot is below average in size for Rice Road and Fort Richmond. This means less private outdoor space but also potentially lower maintenance. For buyers prioritizing indoor space or minimal yard work, this could be a reasonable trade-off.

4. What are the implications of the 4-level split design?
This design offers good separation of living and sleeping areas across multiple levels, which can provide privacy. Buyers should consider that it involves more stairs than a bungalow or two-storey layout, which may affect long-term accessibility.

5. How can I find out the exact historical sale price?
The listed sale history shows estimated ranges. The exact sold price can be requested directly via email from the listing source, which they provide manually without using your email for unsolicited marketing.

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