50 Tunis Bay

Fort Richmond, Winnipeg

Property score

75.4

Good

Overall 75.4 · Older than most nearby homes

1,300 sqft (top 48%) · Built in 1965 (7 yrs older than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

9% smaller 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

75.4 is composed by the two sections below.

Property Score

67.8Good
Living Area1,300 sqft71Good
Year Built196546Low
Lot Size6,395 sqft81Excellent
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
1,300 sqft
0255075100
Same streetBottom 21%Same areaTop 48%CitywideTop 42%
Same street · Tunis Bay
#31 / 39
Bottom 21% · Avg 1,650 sqft
Same area · Fort Richmond
#1,257 / 2,629
Top 48% · Avg 1,421 sqft
Citywide · Winnipeg
#80,875 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
451k
0255075100
Same streetTop 41%Same areaTop 28%CitywideTop 28%
Same street · Tunis Bay
#16 / 39
Top 41% · Avg 445.9k
Same area · Fort Richmond
#742 / 2,629
Top 28% · Avg 435.7k
Citywide · Winnipeg
#54,801 / 194,458
Top 28% · Avg 390.1k

Year Built

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

Lot Size

above average
6,395 sqft
0255075100
Same streetBottom 28%Same areaBottom 33%CitywideTop 24%

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

50 Tunis Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 392 m), 3 parks (nearest 187 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 8/2022CA$350k–400k
Sold price

Same street

Bottom 48%

Same area

Top 41%

City-wide

Top 34%
Sold 10/2020CA$350k–400k
Sold price

Same street

Bottom 12%

Same area

Bottom 35%

City-wide

Top 45%
Sold 8/2016CA$350k–400k
Sold price

Same street

Bottom 16%

Same area

Bottom 38%

City-wide

Top 43%

Related homes

Highlights & common questions: 50 Tunis Bay, Winnipeg

Property Overview: 50 Tunis Bay, Fort Richmond

Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical and well-situated property. Built in 1965, it features 1,300 sqft of living space, a renovated basement, and an attached garage on a 6,395 sqft lot. Its assessed value is strong for the area, ranking above average in both the neighbourhood and city-wide comparisons.

The primary appeal lies in its balance of space, updates, and location. The renovated basement adds functional living area, a valuable asset in a one-storey layout. While the home's footprint is modest for its immediate street, it sits on a lot that is larger than the city-wide average, offering good outdoor space potential. The property’s consistent above-average assessed value suggests it is viewed as a solid asset within its market.

This home would suit first-time buyers or downsizers seeking single-level living without sacrificing a good-sized yard. It’s also a sensible fit for value-oriented buyers who appreciate a move-in-ready basement and the stability of a mature neighbourhood like Fort Richmond. A thoughtful perspective is that this property represents a "middle ground" — it doesn’t top the charts in size, but its combination of updates, lot size, and strong value assessment makes it a competitively positioned, low-drama home.

Frequently Asked Questions

1. How does the size of this home compare to others?
At 1,300 sqft, the living area is below the average for homes on Tunis Bay itself but is very close to the average size for both the wider Fort Richmond area and the city of Winnipeg as a whole.

2. What does the "above average" assessed value mean?
The property’s assessed value ranks in the top 28% for both Fort Richmond and city-wide, meaning it is officially valued higher than most comparable homes. This often reflects desirable attributes, updates, or location factors.

3. Has the property increased in value?
Based on available sold price ranges, the home sold for between $33.5k-$40.5k in 2020 and between $37.5k-$40.5k in 2022, indicating a trend of stable or slightly appreciating value in that period.

4. Is the lot size a pro or a con?
The lot is smaller than others on Tunis Bay but is actually larger than the typical Winnipeg lot. It offers ample private outdoor space while potentially requiring less maintenance than the largest yards on the street.

5. What are the nearby properties like?
The immediate neighbours on Tunis Bay are similar one-storey homes from the same era. The provided comparable properties on nearby streets like Cornell Drive and Patricia Avenue are also similar in age, size, and value, confirming this is a consistent, established area.

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