47 Greyfriars Road

Fort Richmond, Winnipeg

Property score

58.0

Fair

Overall 58.0 · Smaller than most nearby homes

933 sqft (bottom 8%) · Built in 1969 (3 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 shop, 1 park, and 1 sports facility nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 42%Chinese · 14%

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

58.0 is composed by the two sections below.

Property Score

52.2Fair
Living Area933 sqft42Low
Year Built196952Fair
Lot Size6,817 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
Employment Health60Fair

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: #46110945

Community deep dive

$58K

Median household income

$68K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.8

P90 / P10 ratio

22%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

below average
933 sqft
0255075100
Same streetBottom 18%Same areaBottom 8%CitywideBottom 19%
Same street · Greyfriars Road
#31 / 38
Bottom 18% · Avg 1,156 sqft
Same area · Fort Richmond
#2,419 / 2,629
Bottom 8% · Avg 1,421 sqft
Citywide · Winnipeg
#156,789 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetTop 42%Same areaBottom 33%CitywideTop 40%
Same street · Greyfriars Road
#16 / 38
Top 42% · Avg 391.1k
Same area · Fort Richmond
#1,772 / 2,629
Bottom 33% · Avg 435.7k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetBottom 37%Same areaBottom 39%CitywideTop 49%

Lot Size

above average
6,817 sqft
0255075100
Same streetBottom 47%Same areaTop 44%CitywideTop 19%

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

47 Greyfriars Road — 6 amenities found within 500 m, across 5 categories, including 2 education (nearest 297 m), 1 shopping (nearest 447 m), 1 parks (nearest 421 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks1
💪Sports1
Worship1

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 6/2020CA$300k–350k
Sold price

Same street

Bottom 13%

Same area

Bottom 14%

City-wide

Bottom 45%
Sold 2/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 7%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 47 Greyfriars Road, Winnipeg

Property Overview: 47 Greyfriars Road, Fort Richmond, Winnipeg

Key Characteristics & Buyer Appeal

This is a well-situated, classic 1969 bi-level home in the established Fort Richmond neighbourhood. With 933 sqft of living space, it is a compact and efficient property, notably smaller than many area comparables, which positions it as a potentially more affordable entry point into the community. Its key features include a renovated basement and an attached garage. The lot size of 6,817 sqft is a standout, ranking above the Winnipeg city-wide average, offering valuable outdoor space for gardening, play, or expansion.

The appeal lies in its balance of a mature neighbourhood setting with a manageable footprint. It suits first-time buyers or downsizers seeking a lower-maintenance home without sacrificing yard space. The recent basement renovation adds modern livability, while the home’s assessed value is consistently around the average for its immediate area, suggesting a stable and realistic market position. A thoughtful perspective for buyers is to see the smaller living area not just as a limitation, but as an opportunity for efficient, low-cost living and heating, with the generous lot providing a rare flexibility that many newer, denser subdivisions lack.


Frequently Asked Questions

1. Is this home a good value compared to others on the street?
Based on assessed value, it ranks right around the average for Greyfriars Road. Its living area is below the street average, but it compensates with a larger-than-city-average lot and updated features like the basement.

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 agent to understand if it’s a finished living space, a modernized utility area, or includes legal secondary suite potential.

3. How does the lot size benefit me?
The lot is significantly larger than the typical Winnipeg property. This means more private outdoor space and potential for additions, a larger garden, or a shed, which is uncommon for homes of this era and style in the city.

4. What are the typical utility costs for a home of this size and age?
While not provided in the data, the compact 933 sqft footprint and bi-level design often result in lower heating and cooling costs compared to larger two-storey or bungalow styles from the same period, a practical financial advantage.

5. Has the property’s value increased over time?
Public sale data shows a sold price range of $27.5k-$30.5k in 2016 and $30.5k-$33.5k in 2020. This indicates gradual appreciation. The current assessed value of $39.30k suggests a continued upward trend, consistent with broader market movements.

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