73.4
Good
Property score
73.4
Good
Overall 73.4
Larger and newer than most nearby homes
1,573 sqft (top 28%)
Built in 1976 (4 yrs newer than avg)
Located in a above-average income area
with median household income of ~73.5k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 1 shop, 2 parks, and 2 fuel stations nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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73.4 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: #46110966
$74K
Median household income
$91K
Average household income
29%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.9
P90 / P10 ratio
11%
Single-person households
25%
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
55 Morningside Drive — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 453 m), 1 shopping (nearest 376 m), 2 parks (nearest 119 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 6% | Bottom 37% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Morningside Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and comfortable living space. With 1,573 sqft of living area, it sits above the city-wide average, providing ample room. A key feature is its renovated basement, adding valuable finished space. The attached garage and a generous, above-average city-wide lot of 6,921 sqft complete the package.
The home’s primary appeal lies in its established, quiet neighbourhood and its strong positional value. Built in 1976, it is newer than many homes in both its immediate area and across Winnipeg, suggesting potentially fewer concerns with aging core components. The data indicates it consistently performs "above average" against broader local and city-wide comparisons for size, lot, and assessed value, meaning it represents a solid, middle-ground investment in a desirable area. It’s not the largest or newest on its street, but it holds its own with a balanced profile.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space. It’s also a sensible fit for value-conscious buyers who appreciate a home that has already seen key updates, like the basement renovation, and who prioritize a stable investment in a mature neighbourhood over a brand-new build.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold in September 2020. While exact prices are privately held, the data shows that sale was in the top tier (94th percentile) for its street at the time, indicating it was a premium purchase within the immediate area then.
2. What does the assessed value tell me?
The current assessed value of $48.10k is above average for both Fort Richmond and Winnipeg overall. This typically reflects the city’s opinion of its fair market value relative to similar properties, often used for property tax calculation.
3. Is the lot size a significant advantage?
Yes. The lot is over 6,900 sqft, which is above the Winnipeg average. This offers more private outdoor space than many city homes, providing room for gardening, play, or expansion, which is a growing priority for many buyers.
4. As a home from 1976, what should I consider?
While newer than the city median, a 50-year-old home will have aging elements. The renovated basement is a plus, but a thorough inspection of major systems (roof, plumbing, electrical, foundation) is essential. Its "above average" age ranking for the neighbourhood is a positive sign.
5. Who are the most likely competing buyers?
Given its single-storey layout and neighbourhood, likely competition comes from empty-nesters downsizing from larger homes and first-time buyers looking for a move-in-ready starter home with a good yard. Its balanced metrics make it a target for practical, data-aware buyers.
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