Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Mcmasters Road): Below Average. Ranked #34 out of 36 (Bottom 6%). The street average for comparable homes is 1,395 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #2,062 out of 2,629 (Bottom 22%). The neighborhood average for comparable homes is 1,421 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #122,733 out of 194,457 (Bottom 37%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Mcmasters Road): Around Average. Ranked #16 out of 36 (Top 44%). The street average for comparable homes is 429.4k.
Neighborhood Level (Fort Richmond): Below Average. Ranked #1,725 out of 2,629 (Bottom 34%). The neighborhood average for comparable homes is 468.9k.
Citywide Level (Winnipeg): Around Average. Ranked #84,884 out of 194,455 (Top 44%). The citywide average for comparable homes is 435.4k.
Street Level (Mcmasters Road): Above Average. Ranked #2 out of 36 (Top 6%). The street average for comparable homes is 1965.
Neighborhood Level (Fort Richmond): Below Average. Ranked #1,996 out of 2,629 (Bottom 24%). The neighborhood average for comparable homes is 1972.
Citywide Level (Winnipeg): Below Average. Ranked #101,127 out of 194,457 (Bottom 48%). The citywide average for comparable homes is 1966.
Street Level (Mcmasters Road): Around Average. Ranked #13 out of 36 (Top 36%). The street average for comparable homes is 6,714 sqft.
Neighborhood Level (Fort Richmond): Around Average. Ranked #1,256 out of 2,629 (Top 48%). The neighborhood average for comparable homes is 7,381 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #37,680 out of 194,457 (Top 19%). The citywide average for comparable homes is 6,570 sqft.
Fort Richmond market pulse
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.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
50 Mcmasters Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 434 m), 1 parks (nearest 268 m).
Crime & safety
Waste collection schedule
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Related homes
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Address · Year Built · Living Area
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Similar assessed value
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Is this home right for you?
Property Overview: 50 Mcmasters Road, Fort Richmond
Key Characteristics & Appeal
This is a well-situated, 60-year-old bi-level home in Fort Richmond. With 1,078 sqft of living space, it is notably compact for its immediate street but sits around the Winnipeg average, offering a manageable footprint. Its key appeal lies in its balance: a recently renovated basement adds modern living space, while the detached garage and above-average city-wide lot size (6,724 sqft) provide valuable outdoor and storage flexibility not always found in homes of this era.
The home’s assessed value is consistent with its neighbourhood and street, indicating it is fairly positioned in the market. It suits practical buyers looking for a solid starter home or a downsizing opportunity in a mature area. The appeal is less about grandeur and more about fundamentals—a renovated space on a good lot, without the premium price tag of a larger or newer build. It’s a property for those who value outdoor space and a detached garage over sheer square footage, and who are comfortable with the maintenance considerations of a home from the 1960s.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,078 sqft, this home is below the average for both Mcmasters Road and the wider Fort Richmond area. This makes it one of the more compact options locally, which can mean lower utility costs and less maintenance, but may require efficient use of space.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $391,000 is around the average for the street, neighbourhood, and city. It serves as a useful baseline, but market conditions, the home’s specific condition, and the renovated basement will ultimately determine the final sale price.
3. What are the implications of the home being built in 1966?
As one of the older homes on its street, potential buyers should prioritize a thorough inspection. While the basement has been updated, core systems like plumbing, electrical, and the roof may be at or beyond their typical service life and should be carefully evaluated.
4. How does the lot size benefit a buyer?
The lot is over 6,700 sqft, which is above the Winnipeg average. This provides ample yard space for gardening, recreation, or future additions like a shed or deck—a significant advantage for a home with modest interior square footage.
5. Who are the most likely buyers for this property?
This home is ideally suited for first-time buyers or empty-nesters seeking a manageable property with a good lot and modernized living space in a settled neighbourhood. Its scale and value proposition are less aligned with buyers looking for a large, turn-key family home.