47 Prestwood Place

Fort Richmond, Winnipeg

Property score

89.7

Excellent

Overall 89.7 · Larger and newer than most nearby homes

2,386 sqft (top 4%) · Built in 1979 (7 yrs newer than avg)

Located in a high-income area with median household income of ~156k

Transit 60.0 · 11-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 sports facility nearby

Living Area

Above average

68% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 76%Chinese · 7%

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

89.7 is composed by the two sections below.

Property Score

87.0Excellent
Living Area96
2,386 sqftExcellent
Year Built67
1979Good
Lot Size81
6,489 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

93.8Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110940

Community deep dive

$156K

Median household income

$276K

Average household income

9%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.0

P90 / P10 ratio

3%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)416
Labour force participation rate57%
Median age53.2
Avg household size2.7
Unemployment rate0%
Population density1014 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households3%
Couple families with children32%
Median household income (2020)$156K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$520K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority21%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Chinese · 7%

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

Rankings

Living Area

Elite
2,386 sqft
0255075100
Same streetTop 15%Same areaTop 4%CitywideTop 4%
Same street · Prestwood Place
#2 / 13
Top 15% · Avg 2,054 sqft
Same area · Fort Richmond
#113 / 2,629
Top 4% · Avg 1,421 sqft
Citywide · Winnipeg
#7,542 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
494k
0255075100
Same streetBottom 38%Same areaTop 14%CitywideTop 21%
Same street · Prestwood Place
#8 / 13
Bottom 38% · Avg 511k
Same area · Fort Richmond
#364 / 2,629
Top 14% · Avg 435.7k
Citywide · Winnipeg
#40,347 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetBottom 1%Same areaTop 13%CitywideTop 34%

Lot Size

above average
6,489 sqft
0255075100
Same streetBottom 1%Same areaBottom 39%CitywideTop 23%

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 Prestwood Place — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 93 m).

Search radius
🌳Parks2
💪Sports1

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 12/2020CA$450k–500k
Sold price

Same street

Top 50%

Same area

Top 15%

City-wide

Top 21%

Related homes

Highlights & common questions: 47 Prestwood Place, Winnipeg

Property Overview: 47 Prestwood Place, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond is defined by its generous living space. At 2,386 square feet, it offers significantly more room than most homes in Winnipeg, placing it in the top 4% city-wide. This is the property's standout feature, providing ample space for family living, home offices, or entertaining. The basement has been renovated, adding to its functional appeal. Built in 1979, it is a relatively newer home compared to many in the city, and it sits on a solid, above-average city-sized lot of nearly 6,500 square feet.

Its appeal lies in this combination of abundant interior space within a mature, established neighbourhood. While its assessed value is above average for the area, the home represents a value proposition centered on square footage—you get a lot of house for the investment compared to broader market averages. It would suit buyers who prioritize spacious interiors over a newer build or a massive yard, such as growing families, multi-generational households, or those who work from home and need dedicated rooms. A thoughtful perspective is that while the lot is smaller than others on its street, this can mean less maintenance, allowing owners to enjoy the interior space and community amenities of Fort Richmond without extensive yard work.

Section 2: Frequently Asked Questions

1. How does the property's value compare to recent sales?
The home sold in late 2020 for an estimated $44,500-$47,500. Its current assessed value is $49,400, which is above average for Fort Richmond. This suggests it has held or increased in value, but a current market appraisal is recommended for today's price.

2. Is the lot size a concern?
The lot of 6,489 sq ft is smaller than others on Prestwood Place but is still larger than the typical Winnipeg lot. It provides a good balance of outdoor space without the upkeep of a much larger yard.

3. What does "top 4% city-wide for living area" really mean?
This statistic confirms that this home is genuinely spacious. Over 96% of homes in Winnipeg have less living area, making this a key asset for buyers seeking maximum interior space.

4. The home was built in 1979. What should I consider?
While newer than the city average, a home of this age will have systems (roof, windows, furnace) that are likely original or nearing the end of their service life. A thorough inspection is crucial to budget for any updates or maintenance.

5. There is no garage. What are the parking options?
The listing confirms no garage. Buyers should verify the driveway capacity and on-street parking regulations to ensure it meets their needs, especially in winter months.