Property score
76.9
Good
Overall 76.9 · Larger and newer than most nearby homes
1,596 sqft (top 27%) · Built in 1975 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 100.0 · 1-min walk to transit with 9 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 53%Chinese · 15%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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76.9 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111010
$72K
Median household income
$106K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.4
P90 / P10 ratio
34%
Single-person households
10%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
4 Seier Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 356 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Top 3% | Top 9% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 4 Seier Bay in Fort Richmond presents a distinct value proposition centered on land and location. It is a one-and-a-half storey house built in 1975, featuring 1,596 sqft of living space and a renovated basement. The property includes a detached garage and sits on an exceptionally large 14,301 sqft lot.
Its primary appeal lies in its rare lot size, which ranks in the top 3% within the desirable Fort Richmond neighborhood and the top 2% citywide. This offers significant potential for outdoor living, gardening, or future expansion. While the house itself is modest in size compared to others on its street, it is above average for the area and city. The renovated basement adds functional living space. The assessed value is notably high for Fort Richmond (top 4%), indicating official recognition of the property's premium attributes.
This home would best suit a buyer who prioritizes land over sheer interior square footage. It's ideal for someone seeking a long-term family home with ample yard space in a established neighborhood, or for a value-conscious buyer who sees potential in the existing structure and the possibility of future upgrades, supported by the substantial lot.
Frequently Asked Questions
1. Is the lot size usable, or is it an odd shape?
While the listing confirms the total square footage, it's always wise to review the lot survey or plat map to understand the exact dimensions and shape, ensuring it meets your intended use.
2. The assessed value seems high for the neighborhood. What does that mean?
A high assessed value relative to the area often reflects key desirable features—in this case, the very large lot and recent renovations. It can be an indicator of the property's perceived worth by the municipality, though market sale price can differ.
3. What does "above average" for the living area mean in context?
The home's living space is larger than most in Winnipeg and Fort Richmond. However, it is smaller than the other homes on Seier Bay itself. This suggests a street of larger homes, so buyers get the benefit of the neighborhood setting while the house itself may feel more cozy and manageable.
4. The home was last sold in late 2020. What should I consider?
A sale during that period may reflect a different market climate. It’s important to have a professional inspection to understand the condition of the 51-year-old home and the quality of the basement renovation completed since then.
5. How does the detached garage impact winter usability?
A detached garage is common but requires considering your comfort with accessing your vehicle in Winnipeg's winter weather. It can also free up yard space and offer flexibility for its use as a workshop or storage.
