Property score
61.2
Fair
Overall 61.2 · Smaller than most nearby homes
1,002 sqft (bottom 13%) · Built in 1969 (3 yrs older than avg)
Located in a average-income area with median household income of ~58k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 13 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 42%Chinese · 14%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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61.2 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: #46110945
$58K
Median household income
$68K
Average household income
30%
Low income (LIM-AT)
0.3
Income inequality (Gini)
6.8
P90 / P10 ratio
22%
Single-person households
27%
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
51 Loyola Bay — 22 amenities found within 500 m, across 6 categories, including 13 dining (nearest 407 m), 2 education (nearest 266 m), 1 healthcare (nearest 448 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 42% | Bottom 23% | Top 50% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
51 Loyola Bay is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1969, it offers 1,002 sqft of living space on a spacious 6,446 sqft lot. The home features a renovated basement and does not include a garage or pool. Its assessed value is $37,800.
Key Characteristics & Appeal
This home presents a compelling opportunity for first-time buyers, downsizers, or practical investors seeking value and space in a mature neighbourhood. Its primary appeal lies in its balance: it offers above-average living space for its immediate street while being situated on a lot size that ranks well above average city-wide. The renovated basement adds functional living area without the need for immediate work.
The property suits buyers with a realistic budget who prioritize indoor and outdoor space over newer construction or premium finishes. It’s a home that offers a solid foundation in a quiet, established area. A less obvious perspective is its potential for long-term stability; its assessed value is around average for its street and city, suggesting it’s not overvalued relative to its peers, which can be a prudent starting point.
Frequently Asked Questions
1. How does the property’s size compare to others?
At 1,002 sqft, the living area is above average for homes on Loyola Bay but below the average for the broader Fort Richmond area. The lot size of 6,446 sqft is notably larger than the Winnipeg city average.
2. What is the significance of the assessed value?
The assessed value of $37,800 is used for calculating property taxes. It is around average compared to similar homes on its street and across Winnipeg, indicating it is not an outlier in terms of municipal valuation.
3. What does the sale history indicate?
The home sold in April 2021 for an estimated range of $31,500 to $34,500. This historical data provides a benchmark for its market price trajectory prior to the current listing.
4. Who would this home be best suited for?
It is an ideal fit for first-time homeowners comfortable with a character home from the 1960s, or for downsizers looking for a manageable single-level layout with a generous yard and a recently updated basement.
5. Are there any notable features or omissions?
The key features are the renovated basement and the large lot. The home does not have a garage or a pool. Buyers should plan for alternative parking and storage solutions.
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