54 Linacre Road

Fort Richmond, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Larger than most nearby homes

1,987 sqft (top 10%) · Built in 1970 (2 yrs older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Near average

2 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

84.0 is composed by the two sections below.

Property Score

82.2Excellent
Living Area1,987 sqft92Excellent
Year Built197052Fair
Lot Size6,926 sqft85Excellent
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

above average
1,987 sqft
0255075100
Same streetTop 20%Same areaTop 10%CitywideTop 11%
Same street · Linacre Road
#15 / 74
Top 20% · Avg 1,767 sqft
Same area · Fort Richmond
#265 / 2,629
Top 10% · Avg 1,421 sqft
Citywide · Winnipeg
#21,637 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 49%Same areaTop 18%CitywideTop 24%
Same street · Linacre Road
#36 / 74
Top 49% · Avg 480k
Same area · Fort Richmond
#479 / 2,629
Top 18% · Avg 435.7k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 43%Same areaBottom 45%CitywideTop 48%

Lot Size

above average
6,926 sqft
0255075100
Same streetBottom 38%Same areaTop 39%CitywideTop 18%

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

54 Linacre Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 167 m).

Search radius
🌳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 10/2017CA$350k–400k
Sold price

Same street

Bottom 35%

Same area

Top 41%

City-wide

Top 34%

Related homes

Highlights & common questions: 54 Linacre Road, Winnipeg

Property Overview: 54 Linacre Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond presents a practical and spacious family option. Its key characteristic is its generous 1,987 sqft of living space, which places it comfortably above average for the neighbourhood and city. The home sits on a good-sized 6,926 sqft lot and features an attached garage and a renovated basement, adding valuable functional space.

The appeal lies in its established, balanced profile. It’s not the newest or largest on its street, but it offers more interior space than most comparable homes in Winnipeg, providing solid value. The renovated basement is a significant modern convenience in a home from the 1970s. Its assessed value is above average for the wider area, suggesting it is well-regarded in its market segment.

This property would best suit buyers looking for a ready-to-use, spacious family home without venturing into premium or brand-new price territory. It’s ideal for those who prioritize interior square footage and updated living areas over having the newest home on the block or the largest yard in the immediate vicinity. It represents a grounded choice for growing families or those seeking a established community in Fort Richmond.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
With 1,987 sqft, this home is in the top 20% for size on its own street and the top 10-11% within Fort Richmond and citywide, making it notably more spacious than the average Winnipeg home.

2. What is the significance of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement in a home of this age typically means the lower level is finished as comfortable living space, adding significant functional area beyond the main floors. It’s a key update that adds immediate utility.

3. Is the assessed value a good indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s assessed value is above average for the city, but recent sold price history (showing a sale in the $375k-$405k range in 2017) and current market conditions are more direct indicators for potential buyers.

4. What does the lot size mean for this property?
At nearly 7,000 sqft, the lot is above average citywide. On Linacre Road itself, it’s around the typical size. This suggests ample backyard space for a city property, but not an unusually large or small yard for its immediate neighbourhood.

5. The home was built in 1970. What should I consider?
Built 56 years ago, the home is of average age for its area. This means major systems (roof, windows, plumbing, electrical) may have been updated over time or could require attention. The renovated basement is a positive sign of ongoing maintenance, but a thorough inspection is always recommended.

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