47 Tunis Bay

Fort Richmond, Winnipeg

Property score

77.2

Good

Overall 77.2 · Older than most nearby homes

1,461 sqft (top 39%) · Built in 1965 (7 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

7 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

77.2 is composed by the two sections below.

Property Score

70.8Good
Living Area1,461 sqft75Good
Year Built196546Low
Lot Size6,652 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

around average
1,461 sqft
0255075100
Same streetBottom 28%Same areaTop 39%CitywideTop 33%
Same street · Tunis Bay
#28 / 39
Bottom 28% · Avg 1,650 sqft
Same area · Fort Richmond
#1,025 / 2,629
Top 39% · Avg 1,421 sqft
Citywide · Winnipeg
#63,600 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
439k
0255075100
Same streetBottom 46%Same areaTop 35%CitywideTop 30%
Same street · Tunis Bay
#21 / 39
Bottom 46% · Avg 445.9k
Same area · Fort Richmond
#916 / 2,629
Top 35% · Avg 435.7k
Citywide · Winnipeg
#58,910 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,652 sqft
0255075100
Same streetBottom 41%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

47 Tunis Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 402 m), 3 parks (nearest 216 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 8/2021CA$450k–500k
Sold price

Same street

Top 24%

Same area

Top 16%

City-wide

Top 22%
Sold 3/2017CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Top 48%

City-wide

Top 38%

Related homes

Highlights & common questions: 47 Tunis Bay, Winnipeg

Property Overview: 47 Tunis Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated, one-storey home in Fort Richmond built in 1965. With 1,461 sqft of living space and a recently renovated basement, it offers practical, single-level living. The lot is a notable feature at 6,652 sqft, providing ample outdoor space that is larger than the Winnipeg city-wide average—a valuable asset for gardening, play, or future expansion.

Its appeal lies in its grounded, middle-of-the-road metrics. The home isn't an outlier in size or assessed value for its immediate street or neighborhood, which suggests a stable, established setting without premium pricing. The renovated basement adds modern functionality to the classic bungalow layout. This property would suit first-time buyers or downsizers seeking a manageable, single-level home with a generous yard in a mature neighborhood. It’s a practical choice for those who value space and location over a brand-new build, and who see potential in a home that performs solidly across the board rather than excelling in just one area.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others?
The home’s assessed value is very close to the average for both Tunis Bay street and the wider Fort Richmond area. City-wide, however, it ranks above average, indicating you get more property for your dollar here compared to many other Winnipeg neighborhoods.

2. Is the lot size typical for the area?
The lot is slightly below the average size for Tunis Bay itself but remains a spacious parcel. Importantly, it is significantly larger than the average lot across the entire city, making it a relative standout for outdoor space.

3. 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 the finish quality, layout, and whether it includes legal secondary suites or additional bedrooms.

4. The home was built in 1965. What should I consider?
While the building age is typical for the street, it is older than many homes in Fort Richmond overall. Prospective buyers should pay close attention to the condition of major aging components, such as the roof, windows, plumbing, and electrical systems, even with a renovated basement.

5. There’s no garage. Is that common here?
The listing notes no garage. This is an important factor for vehicle storage and workshop space. It’s worth checking the property for a driveway or the potential to add a garage or carport, given the large lot size.

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