52.0
Fair
Property score
52.0
Fair
Overall 52.0
Smaller but newer than most nearby homes
844 sqft (bottom 5%)
Built in 1981 (9 yrs newer than avg)
Located in a above-average income area
with median household income of ~66.5k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 5 dining spots, 1 school, 2 healthcare facilitys, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 49%Chinese · 16%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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52.0 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: #46111020
$67K
Median household income
$76K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
11.9
P90 / P10 ratio
30%
Single-person households
21%
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
512 Allegheny Drive — 13 amenities found within 500 m, across 5 categories, including 5 dining (nearest 471 m), 1 education (nearest 400 m), 2 healthcare (nearest 398 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 1% | Top 46% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 512 Allegheny Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 1981 bi-level home at 512 Allegheny Drive is a compact, efficiently sized property in Winnipeg's Fort Richmond neighbourhood. With 844 square feet of living space and a renovated basement, it offers a practical layout for downsizers, first-time buyers, or investors. Its assessed value is notably modest compared to city-wide averages, positioning it as an accessible entry point into the market.
The home’s primary appeal lies in its recent sale history, suggesting a turn-key condition, and its location on a quiet, established street. While the living space and lot size are below average for the broader area, they are more typical for this specific street, indicating a consistent, low-density character. This property would best suit a buyer looking for minimal upkeep, a tight budget, or a strategic rental investment, rather than someone seeking ample room for growth or extensive outdoor space. A thoughtful perspective is that its "below average" size and value for Fort Richmond might actually be a benefit, offering lower property taxes and less maintenance while still providing access to the neighbourhood's amenities and community feel.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 844 sqft, the living area is below the average for both Fort Richmond and Winnipeg overall. However, on its own street (Allegheny Drive), it ranks 5th out of 6 homes, making it one of the smaller homes in that immediate group but not an outlier.
2. Is the assessed value a reliable indicator of the sale price?
The home is assessed at $36,100. It last sold in July 2023 for between $36,500 and $39,500, indicating its assessed value is closely aligned with recent market activity. This suggests stable, predictable valuation in this segment.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. Prospective buyers should inquire about the nature of the renovations, whether it includes a legal suite, and if permits were obtained to understand the full value and legality of the updates.
4. With no garage, what are the parking options?
The property has no garage. Parking would be limited to driveway space (if present) or on-street. Given the lot size is under 3,000 sqft, driveway space may be limited, so verifying parking arrangements is recommended.
5. The home was built in 1981. What should I be aware of?
Built 45 years ago, this is a newer home compared to many in Winnipeg. However, key systems like the roof, windows, plumbing, and electrical may be nearing or due for updates or replacement. A thorough inspection is advised to gauge the remaining lifespan of these major components.
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