51 Tunis Bay

Fort Richmond, Winnipeg

Property score

73.7

Good

Overall 73.7 · Compared with neighbourhood average

1,275 sqft (top 50%) · Built in 1968 (4 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

4 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

73.7 is composed by the two sections below.

Property Score

65.0Good
Living Area1,275 sqft66Good
Year Built196852Fair
Lot Size5,870 sqft74Good
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
1,275 sqft
0255075100
Same streetBottom 8%Same areaTop 50%CitywideTop 43%
Same street · Tunis Bay
#36 / 39
Bottom 8% · Avg 1,650 sqft
Same area · Fort Richmond
#1,325 / 2,629
Top 50% · Avg 1,421 sqft
Citywide · Winnipeg
#84,379 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
418k
0255075100
Same streetBottom 21%Same areaTop 48%CitywideTop 34%
Same street · Tunis Bay
#31 / 39
Bottom 21% · Avg 445.9k
Same area · Fort Richmond
#1,259 / 2,629
Top 48% · Avg 435.7k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1968
0255075100
Same streetTop 15%Same areaBottom 33%CitywideTop 50%

Lot Size

around average
5,870 sqft
0255075100
Same streetBottom 3%Same areaBottom 15%CitywideTop 36%

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

51 Tunis Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 384 m), 3 parks (nearest 200 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 11/2023CA$400k–450k
Sold price

Same street

Top 48%

Same area

Top 31%

City-wide

Top 30%

Related homes

Highlights & common questions: 51 Tunis Bay, Winnipeg

Property Overview & Appeal

This one-storey home in Fort Richmond presents a practical opportunity in a well-established neighbourhood. Its key characteristic is its modest, efficient scale. At 1,275 sqft, the living area is comfortably below the average for both the immediate street and the wider area, suggesting a more manageable layout that prioritizes ease of living over sheer size. A significant positive is the renovated basement, adding valuable finished space. The attached garage and a land area just under 6,000 sqft offer standard city amenities without extensive upkeep.

The appeal lies in its value-position and move-in readiness. With an assessed value consistently around the area average, it represents a grounded entry point into the market. The home’s age (built in 1968) is actually above average for its street, hinting at potentially better-built quality or updates compared to some direct neighbours. It suits first-time buyers, downsizers, or pragmatic investors seeking a lower-maintenance property with core renovations already addressed. A thoughtful perspective is that its smaller footprint on a standard lot could be a long-term advantage, offering a simpler lifestyle with relatively lower utility and tax burdens.

Frequently Asked Questions

1. Is the house significantly smaller than others in the area?
Yes, particularly on its own street. The living area ranks in the lower tier (36 out of 39) for Tunis Bay, making it one of the more compact homes in the immediate vicinity, though it aligns more closely with the city-wide average.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the space (e.g., recreational room, additional bedroom, etc.).

3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The recent sold price history (late 2023) shows a range near the current assessed value, but market conditions determine the final sale price. The provided comparable sales (like 35 Cornell Drive) can offer a clearer, current market benchmark.

4. Is the smaller lot size a disadvantage?
At 5,870 sqft, the lot is below average for Fort Richmond. This may limit expansive outdoor additions but also translates to less yard maintenance. For buyers prioritizing a manageable property, this can be a practical benefit rather than a drawback.

5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed in detail here. The listing service offers to provide them manually via email request, which they aim to fulfill by the end of the same business day.

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