74.0
Good
Property score
74.0
Good
Overall 74.0
Newer than most nearby homes
1,396 sqft (top 41%)
Built in 1975 (3 yrs newer than avg)
Located in a high-income area
with median household income of ~108k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 1 shop, 2 parks, 1 fuel station, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 64%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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74.0 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” (Detached houses (non-condo), 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: #46110967
$108K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
11%
Single-person households
34%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
50 Morningside Drive — 5 amenities found within 500 m, across 4 categories, including 1 shopping (nearest 428 m), 2 parks (nearest 163 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 | Top 22% | Top 9% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Morningside Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and well-situated property. Built in 1975, it features 1,396 sqft of living space and sits on a 6,297 sqft lot. A key highlight is its renovated basement, adding valuable finished space, and it includes a detached garage. The home’s assessed value is notably above average for both the Fort Richmond area and Winnipeg citywide, suggesting a solid valuation foundation.
Its primary appeal lies in its balance and location. While the living space is modest for the immediate street, it offers comfortable, single-level living with the bonus of a modernized lower level. The lot size, though smaller than some neighbors, is still generous by wider city standards. This combination makes it a sensible choice for downsizers, small families, or first-time buyers seeking a move-in ready home with a low-maintenance footprint in a mature, established neighborhood. A thoughtful perspective is that its above-average assessment in a stable area could indicate a history of improvements and a resilient long-term value, appealing to the pragmatic buyer.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
The living area is below the average for Morningside Drive itself but is very close to the average for both the broader Fort Richmond area and the entire city. It offers a comfortable, efficient layout rather than expansive square footage.
2. What does the "above average" assessed value mean?
The assessment is higher than most homes in Fort Richmond and citywide. This typically reflects the property’s market value as determined by municipal assessors, potentially influenced by the renovated basement and the overall desirability of the location.
3. Is the lot size a drawback?
While the lot is smaller than many on the same street, it is still above the Winnipeg city average. It provides ample outdoor space for gardening or recreation without the burden of a very large yard to maintain.
4. What is the significance of the sold price history?
The home sold in late 2023. The provided price range is an estimate from public data; the exact sale price is available upon request to give you a precise benchmark for current market value.
5. Who would this home suit best?
It’s an excellent fit for those seeking single-level living, like downsizers or young families, who value a renovated basement for extra space and a location in a mature suburb. Its balanced metrics make it a straightforward, no-surprises option in a well-regarded area.
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