Property score
55.7
Fair
Overall 55.7 · Newer than most nearby homes
840 sqft (bottom 36%) · Built in 1988 (8 yrs newer than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 12 dining spots, 1 school, 3 healthcare facilitys, and 2 parks nearby
Living Area
Below average
6% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 49%Chinese · 16%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
434
159.2k
$183/sqft
1980
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55.7 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” (Condos, 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: #46111020
$67K
Median household income
$76K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
11.9
P90 / P10 ratio
30%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
5-55 Bayridge Avenue — 22 amenities found within 500 m, across 6 categories, including 12 dining (nearest 264 m), 1 education (nearest 442 m), 3 healthcare (nearest 212 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 40% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 5-55 Bayridge Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This condominium at 5-55 Bayridge Avenue is an 840 sqft unit in a 1988-built complex in the established Fort Richmond neighbourhood. Its primary appeal lies in offering solid value and manageable space within a convenient south Winnipeg location. The data reveals a property that stands out positively within its immediate context but is more modest in a city-wide comparison.
Key characteristics include a living area that is above average for its specific building/street, an assessed value that is mid-range locally but below the Winnipeg average, and a building age that is newer than many in Fort Richmond. The last recorded sale was in May 2022.
This home would suit pragmatic first-time buyers or downsizers seeking an affordable entry into the Winnipeg market without compromising on location. It’s also a potential fit for an investor looking for a lower-value asset in a stable, university-adjacent area. The appeal is less about luxury or size and more about securing a functional, cost-effective property in a well-connected neighbourhood. A thoughtful perspective is that its "average" metrics on its street suggest a sense of consistency and predictability, which can be a virtue for budget-conscious planning.
Section 2: Frequently Asked Questions
1. How does this condo’s size compare to others?
At 840 sqft, this unit is larger than most others in its immediate building/street complex (ranking in the top 8%). It is close to the average size for the Fort Richmond area but is below the average size for condos across the entire city.
2. What does the assessed value tell me?
The City’s assessed value of $15,700 is around the middle range for similar properties on Bayridge Avenue and in Fort Richmond. However, it is below the average assessed value for condominiums citywide, which may indicate a relatively lower property tax base.
3. Is the building considered old?
Built in 1988, the structure is newer than most in the Fort Richmond neighbourhood (ranking in the top 9%). Compared to all Winnipeg homes, its age is roughly average. This suggests major common elements may be more recent than in many area buildings but could still be approaching common repair or renewal periods.
4. Can I see the exact historical sale price?
The provided sale history shows a range. To obtain the precise sale price from May 2022, you must request it directly via the email system on this listing page. The service is manual but provided without marketing spam.
5. What are the immediate surroundings like?
The listing indicates several units with the same "55 Bayridge Avenue" address but different unit prefixes (e.g., 1-55, 2-55), suggesting this is a multi-building condo complex or townhouse cluster, offering a community feel.
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