47 Tamworth Bay

Fort Richmond, Winnipeg

Property score

71.9

Good

Overall 71.9 · Older than most nearby homes

1,304 sqft (top 48%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

71.9 is composed by the two sections below.

Property Score

66.8Good
Living Area1,304 sqft71Good
Year Built196546Low
Lot Size5,990 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

above average
1,304 sqft
0255075100
Same streetTop 23%Same areaTop 48%CitywideTop 41%
Same street · Tamworth Bay
#7 / 31
Top 23% · Avg 1,199 sqft
Same area · Fort Richmond
#1,252 / 2,629
Top 48% · Avg 1,421 sqft
Citywide · Winnipeg
#80,442 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
401k
0255075100
Same streetTop 23%Same areaBottom 39%CitywideTop 38%
Same street · Tamworth Bay
#7 / 31
Top 23% · Avg 383.3k
Same area · Fort Richmond
#1,608 / 2,629
Bottom 39% · Avg 435.7k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

Elite
1965
0255075100
Same streetTop 3%Same areaBottom 20%CitywideBottom 47%

Lot Size

around average
5,990 sqft
0255075100
Same streetTop 35%Same areaBottom 18%CitywideTop 33%

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 Tamworth Bay — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 388 m).

Search radius
🌳Parks1
Worship2

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 11/2023CA$350k–400k
Sold price

Same street

Top 31%

Same area

Top 41%

City-wide

Top 34%
Sold 3/2021CA$400k–450k
Sold price

Same street

Top 23%

Same area

Top 39%

City-wide

Top 33%

Related homes

Highlights & common questions: 47 Tamworth Bay, Winnipeg

Property Summary: 47 Tamworth Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Fort Richmond home is a classic one-storey bungalow built in 1965, offering a practical and comfortable layout. With 1,304 sqft of living space and a recently renovated basement, it provides functional space for daily living and potential for flexible use. The property stands out on its street, ranking above average for both living area and assessed value among its immediate neighbors. Its lot size of just under 6,000 sqft is generous for the area, offering good outdoor space.

The primary appeal lies in its established, quiet neighborhood and its solid, above-average positioning within a very specific local context. It’s not the newest or largest home in the wider city, but it represents a strong offering on its own street. This home would suit a first-time buyer, a downsizer looking for single-level living, or an investor seeking a property with a renovated basement in a stable area. A thoughtful perspective is that while its city-wide rankings are average, its superior standing on its own block suggests a good degree of pride of ownership and stability in the immediate vicinity, which can be a significant, less tangible value.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean for this home?
The data shows this home performs well compared to its direct neighbors on Tamworth Bay, ranking in the top quarter for size and value. This suggests it's a comparatively strong property on its own street, even if its metrics are more average when viewed across the entire city or Fort Richmond area.

2. Is the basement renovation a full legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation to understand its legal use and potential for rental income.

3. How does the detached garage impact the property?
A detached garage is common for bungalows of this era. It provides good storage or workshop space but requires going outside to access, which is a consideration for our winters compared to an attached garage.

4. The home was built in 1965. What should I be aware of?
While the basement has been renovated, a home of this age will likely have original major systems (like plumbing, electrical, roof) that are at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and timeline for any updates.

5. Why is the assessed value different from recent sold price ranges?
The assessed value (approximately $40k as shown) is for municipal tax purposes and is not a market valuation. The sold price history shows market transactions in a similar range, which is a more accurate reflection of the home's actual market value.

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