Property score
77.0
Good
Overall 77.0 · Compared with neighbourhood average
1,470 sqft (top 37%) · Built in 1971 (1 yr older than avg)
Located in a high-income area with median household income of ~94k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 park, and 1 sports facility nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 48%Chinese · 10%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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77.0 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: #46111016
$94K
Median household income
$114K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
15%
Single-person households
34%
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
43 Wadham Bay — 4 amenities found within 500 m, across 3 categories, including 2 education (nearest 321 m), 1 parks (nearest 383 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 33% | Bottom 43% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Wadham Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Fort Richmond home is a classic one-storey bungalow built in 1971. Its key appeal lies in a combination of above-average living space and a recently renovated basement, offering functional, single-level living with expanded usable area. With 1,470 sqft of living space, the home is notably larger than many others on its street and in the immediate area. The detached garage provides flexible storage or workshop space.
The property’s assessed value ranks highly for the street and citywide, suggesting it is a substantial offering in its market segment. While the lot size is more modest compared to some direct neighbours, it is still above the Winnipeg citywide average, offering manageable outdoor space. This home would best suit buyers looking for a move-in-ready bungalow with a modernized lower level, possibly downsizers seeking single-level convenience or a young family valuing the renovated basement as a playroom or secondary living area. Its strong rankings for living area and value indicate a property that stands out for its substance within its peer group.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than the average for Wadham Bay, it remains larger than the typical Winnipeg lot. This translates to less yard maintenance than larger plots but may offer slightly less privacy or expansion potential than some immediate neighbours.
2. What does the "above average" assessed value ranking mean?
It indicates the municipal assessment for this home is higher than most comparable properties on its street and across Winnipeg. This often reflects the renovated basement and overall living area, but it’s important to distinguish assessed value (for taxes) from current market value.
3. Is the basement renovation reflected in the living area square footage?
Typically, finished basement space is not included in the official "Living Area" (main floor) calculation. The 1,470 sqft likely refers to the main floor, with the renovated basement providing additional, valuable bonus space.
4. Who would this home not be ideal for?
Buyers prioritizing a very large private yard or those seeking an ultra-modern, open-concept layout may find the 1971 floor plan and standard lot size less appealing. It may also not suit those requiring attached garage access.
5. How can I verify the exact past sale price?
The listed sale price from 2017 is a public range. For the precise figure, you can request it directly via the email service mentioned on the listing page, which provides exact historical data.
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