39 Tunis Bay

Fort Richmond, Winnipeg

Property score

79.7

Good

Overall 79.7 · Larger but older than most nearby homes

1,572 sqft (top 28%) · Built in 1965 (7 yrs older than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

11% larger 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

79.7 is composed by the two sections below.

Property Score

75.0Good
Living Area1,572 sqft79Good
Year Built196546Low
Lot Size11,532 sqft97Excellent
Neighbourhood Sales Activity78Good

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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

above average
1,572 sqft
0255075100
Same streetBottom 46%Same areaTop 28%CitywideTop 27%
Same street · Tunis Bay
#21 / 39
Bottom 46% · Avg 1,650 sqft
Same area · Fort Richmond
#742 / 2,629
Top 28% · Avg 1,421 sqft
Citywide · Winnipeg
#51,950 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
382k
0255075100
Same streetBottom 5%Same areaBottom 23%CitywideTop 43%
Same street · Tunis Bay
#37 / 39
Bottom 5% · Avg 445.9k
Same area · Fort Richmond
#2,013 / 2,629
Bottom 23% · Avg 435.7k
Citywide · Winnipeg
#84,213 / 194,458
Top 43% · Avg 390.1k

Year Built

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

Lot Size

Elite
11,532 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 4%

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 Tunis Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 443 m), 3 parks (nearest 250 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

Sold 10/2020CA$350k–400k
Sold price

Same street

Bottom 28%

Same area

Bottom 43%

City-wide

Top 42%

Related homes

Highlights & common questions: 39 Tunis Bay, Winnipeg

Property Overview & Appeal

39 Tunis Bay is a 4-level split home built in 1965, situated on an exceptionally large lot in Winnipeg's Fort Richmond neighborhood. Its key characteristic is the substantial 11,532 sqft land area, which ranks in the top 3-6% compared to both the immediate street and the wider city. This offers rare potential for expansion, gardening, or outdoor recreation. The 1,572 sqft living space is above average for the city but modest for the immediate area, and it features a renovated basement. The home's assessed value is notably below average for the street and neighborhood, which may indicate a different valuation approach or present a relative value opportunity for buyers.

The appeal lies in a unique combination: a home with updated living space on a premium, oversized lot, all at an assessed value that sits lower than many direct comparables. It suits buyers who prioritize land size over sheer interior square footage, such as those looking for a long-term family home with room to grow, DIY enthusiasts or builders who see potential in the lot, or value-conscious buyers seeking a footprint in a established neighborhood where the land itself is the primary asset.


Frequently Asked Questions

1. Is the low assessed value compared to the street a concern?
Not necessarily. It can reflect a variety of factors, including the specific timing of assessment, the home's condition relative to neighbors, or the city's valuation model. It's important to view this as a data point for comparison, not a direct market price, and to have a professional inspection and appraisal done.

2. What are the pros and cons of a 4-level split layout?
This style offers good separation of living and sleeping areas across multiple half-levels, which can provide privacy. However, the frequent short flights of stairs may not be ideal for those with mobility concerns or very young children.

3. What can I do with such a large lot?
Beyond a spacious yard, a lot of this size may allow for future additions like a garage, workshop, or sunroom, subject to local zoning and permit regulations. It's a long-term asset that provides flexibility many newer properties do not.

4. How does the living area compare practically?
While above the city average, the living area is slightly below the average for Tunis Bay itself. This suggests the home may feel comfortable for a typical family but might have cozier room sizes or fewer formal spaces than some immediate neighbors.

5. The home is nearly 60 years old. What should I check?
While the basement is noted as renovated, a thorough inspection of major aging components is crucial. This includes the roof, foundation, plumbing, electrical systems, and windows to understand any upcoming maintenance or updates needed beyond the renovated space.

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