43 Fordham Bay

Fort Richmond, Winnipeg

Property score

80.0

Excellent

Overall 80.0 · Larger than most nearby homes

1,587 sqft (top 28%) · Built in 1971 (1 yr older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Near average

1 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

80.0 is composed by the two sections below.

Property Score

75.6Good
Living Area1,587 sqft79Good
Year Built197158Fair
Lot Size6,682 sqft85Excellent
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
1,587 sqft
0255075100
Same streetTop 33%Same areaTop 28%CitywideTop 26%
Same street · Fordham Bay
#11 / 33
Top 33% · Avg 1,508 sqft
Same area · Fort Richmond
#728 / 2,629
Top 28% · Avg 1,421 sqft
Citywide · Winnipeg
#50,603 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetTop 33%Same areaTop 25%CitywideTop 27%
Same street · Fordham Bay
#11 / 33
Top 33% · Avg 440.7k
Same area · Fort Richmond
#666 / 2,629
Top 25% · Avg 435.7k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 6%Same areaTop 48%CitywideTop 47%

Lot Size

above average
6,682 sqft
0255075100
Same streetBottom 18%Same areaTop 50%CitywideTop 20%

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

43 Fordham Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 351 m), 3 parks (nearest 179 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 2/2024CA$400k–450k
Sold price

Same street

Top 36%

Same area

Top 22%

City-wide

Top 25%

Related homes

Highlights & common questions: 43 Fordham Bay, Winnipeg

Property Overview

This two-storey home at 43 Fordham Bay in Fort Richmond presents a practical and well-positioned offering. Its key appeal lies in being a solid, above-average home within its immediate context without being an outlier. Built in 1971, it is notably newer than most on its own street. The 1,587 sqft living area is comfortably above the city-wide average, and the assessed value suggests a property that holds its standing well in the broader market. A renovated basement and attached garage add functional value. The lot size, while smaller than others on Fordham Bay, is still generous by city standards, offering manageable outdoor space.

This home would suit buyers looking for a move-in ready, low-drama property in a mature neighbourhood. It’s ideal for a young family seeking space without the premium of a brand-new build, or for downsizers who want a manageable yard but more than enough living area. Its balanced metrics—not the biggest, newest, or most expensive on the block, but consistently above average in the wider area—make it a sensible choice for value-focused buyers who prioritize stability over flash.

Frequently Asked Questions

1. How does this home truly compare to others on the street?
While its living space and assessed value are around the street average, it was built several years newer than most neighbours. However, the lot is somewhat smaller than others on Fordham Bay.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or agent regarding finishes, permits, and the nature of the renovation.

3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($45.80k) is a municipal valuation for tax purposes. The most recent sold price range (Feb 2024: $42.50k ~ $45.50k) provides a more current market benchmark, showing it sells close to its assessed value.

4. What are the utility costs for a home of this age and size?
As a home built in the early 1970s, inquiring about average monthly costs for heating, electricity, and water is advisable, as efficiency can vary significantly based on updates to windows, insulation, and major systems.

5. How does the property rank for future resale appeal in the area?
Its consistent above-average rankings city-wide in both living area and assessed value are positive indicators. Its newer build date relative to the street is a subtle advantage, but the smaller-than-street-average lot could be a factor for some future buyers.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.