Property score
58.4
Fair
Overall 58.4 · Smaller than most nearby homes
946 sqft (bottom 8%) · Built in 1971 (1 yr older than avg)
Located in a average-income area with median household income of ~58k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 3 schools, 2 shops, and 2 parks nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
1 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
58.4 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 Mount Allison Bay — 17 amenities found within 500 m, across 5 categories, including 8 dining (nearest 437 m), 3 education (nearest 426 m), 2 shopping (nearest 363 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 43% | Bottom 39% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1971 one-storey home at 51 Mount Allison Bay in Fort Richmond offers a practical, no-frills living option. With 946 square feet of living space and a renovated basement, it sits on a 6,112 sqft lot. The home lacks a garage and pool. Its assessed value is notably below average for the Fort Richmond area, positioning it as a more accessible entry point into the neighborhood.
Key Characteristics & Appeal
The primary appeal of this property is its value proposition within a well-established neighborhood. It suits first-time buyers, downsizers, or investors looking for a functional home with a renovated basement at a price point below the local area average. The lot size is generous for the city overall, offering good outdoor space potential. A thoughtful perspective is that while the home's living area is modest, its below-average assessment for Fort Richmond could indicate an opportunity for equity growth as the area develops, without the premium price of a larger or updated home. Its one-storey layout also appeals to those seeking accessibility or simplicity. The appeal is grounded in practicality rather than luxury, ideal for someone who values location and lot size over a large or modern interior.
Frequently Asked Questions
1. Is the price firm, and how does it compare to recent sales?
The home sold in July 2024 for an estimated range of $34.5k to $37.5k, which was consistent with its assessed value of $35.6k. This suggests the price was set in line with market valuations at that time.
2. What is the neighborhood like, and what are the nearby amenities?
Fort Richmond is a mature neighborhood near the University of Manitoba. It typically offers a mix of residential streets, schools, parks, and convenient access to shopping and services, appealing to families, academics, and long-term residents.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, permits, and whether it includes added bedrooms, a legal suite, or simply updated living space.
4. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should plan for street parking and consider the cost of adding a shed or other storage solutions. The large lot does provide space for a future garage, subject to local bylaws and permits.
5. The home is older; what should I know about its condition?
Built in 1971, the home is around average age for the street but older than the city-wide average. While the basement is renovated, a thorough inspection of major systems (roof, plumbing, electrical, foundation) is recommended to understand any upcoming maintenance typical for a home of this era.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
