4 Miami Place

Fort Richmond, Winnipeg

Property score

65.4

Good

Overall 65.4 · Smaller but newer than most nearby homes

956 sqft (bottom 10%) · Built in 1974 (2 yrs newer than avg)

Located in a high-income area with median household income of ~114k

Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 67%Chinese · 12%

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

65.4 is composed by the two sections below.

Property Score

52.8Fair
Living Area956 sqft42Low
Year Built197458Fair
Lot Size6,496 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

84.3Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46110942

Community deep dive

$114K

Median household income

$118K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)380
Labour force participation rate50%
Median age46.8
Avg household size2.8
Unemployment rate5%
Population density2714 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households11%
Couple families with children33%
Median household income (2020)$114K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 67%
Mother tongue (2nd)Chinese · 11%

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

Rankings

Living Area

below average
956 sqft
0255075100
Same streetBottom 1%Same areaBottom 10%CitywideBottom 22%
Same street · Miami Place
#8 / 8
Bottom 1% · Avg 1,504 sqft
Same area · Fort Richmond
#2,354 / 2,629
Bottom 10% · Avg 1,421 sqft
Citywide · Winnipeg
#152,168 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
406k
0255075100
Same streetBottom 1%Same areaBottom 43%CitywideTop 37%
Same street · Miami Place
#8 / 8
Bottom 1% · Avg 457.3k
Same area · Fort Richmond
#1,499 / 2,629
Bottom 43% · Avg 435.7k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 13%Same areaTop 28%CitywideTop 42%

Lot Size

above average
6,496 sqft
0255075100
Same streetBottom 12%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

4 Miami Place — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 332 m), 1 parks (nearest 355 m).

Search radius
🏫Education1
🌳Parks1

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 7/2024CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Top 27%

City-wide

Top 27%

Related homes

Highlights & common questions: 4 Miami Place, Winnipeg

Property Overview: 4 Miami Place, Fort Richmond, Winnipeg

Key Characteristics & Buyer Profile

This is a 1974 bi-level home with a renovated basement, an attached garage, and a modest 956 sqft of living space. Its standout feature is the 6,496 sqft lot, which is notably larger than the typical Winnipeg city lot. While the home itself is smaller and simpler than many in the immediate area, its assessed value is in line with the Fort Richmond neighbourhood average.

The appeal lies in a practical balance: it offers a manageable, updated living space on a generous piece of land in a well-established community. It suits first-time buyers or downsizers seeking an affordable entry into the Fort Richmond area without a large home to maintain. The sizable lot presents a clear long-term value proposition, offering room for gardening, expansion, or simply more private outdoor space than is commonly available. It’s a property for those who prioritize land over square footage and see potential in the balance of a renovated interior and outdoor possibilities.

Frequently Asked Questions

1. Is the home significantly smaller than others in the area?
Yes. At 956 sqft, the living area is below average for both the immediate street and the broader Fort Richmond neighbourhood. This is the trade-off for the larger lot size and neighbourhood location.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent, as it could range from cosmetic updates to a fully developed secondary suite.

3. How does the lot size compare to a standard city lot?
The 6,496 sqft lot is above average for Winnipeg overall. While it's not the largest on its street, it provides substantially more yard space than the typical city property.

4. The sold price history shows a range. What is the exact recent sale price?
The provider states that exact sold prices are available upon request via email, which they manually provide without using the contact for unsolicited marketing.

5. The home is 52 years old. What should I be aware of?
While the systems and structure of a 1974 home will be age-appropriate, the renovated basement is a positive update. A thorough inspection is always recommended to assess the roof, foundation, wiring, plumbing, and the quality of the renovation work.

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