Property score
62.0
Fair
Overall 62.0 · Smaller than most nearby homes
1,097 sqft (bottom 24%) · Built in 1972
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, 2 schools, 2 shops, and 2 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer 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
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62.0 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: #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
55 Mount Allison Bay — 16 amenities found within 500 m, across 5 categories, including 8 dining (nearest 445 m), 2 education (nearest 407 m), 2 shopping (nearest 379 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 | Top 14% | Top 33% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 55 Mount Allison Bay in Fort Richmond presents a well-maintained and efficiently sized option in a mature Winnipeg neighbourhood. Its appeal lies in its above-average condition relative to its immediate street, offering a renovated basement and a generous, detached garage on a large lot. The data suggests a home that has been cared for, standing out among its closest neighbours for its living space, assessed value, and notably, its year of construction—it is the newest home on its block. It would suit first-time buyers seeking a move-in-ready starter home, downsizers looking for single-level living without compromising on lot size, or value-focused investors attracted by its strong fundamentals on a quiet street.
Key Details & FAQs
Key Characteristics:
Frequently Asked Questions:
1. How does this home compare to others in the area?
The home ranks above average for living space, assessed value, and year built when compared specifically to its 39 neighbours on Mount Allison Bay. Compared to the wider Fort Richmond area and Winnipeg city-wide, it sits comfortably around average for most metrics, indicating it's a solid, representative property for the broader market.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or listing agent to understand the finish quality, room layouts, and whether any mechanical updates were included.
3. Is the detached garage heated or insulated?
This detail is not provided in the available data. Given the Winnipeg climate, this is an important practical consideration for car maintenance and potential workshop use.
4. Why is the assessed value noticeably different from the recent sold price?
The assessed value of $39,800 is for municipal tax purposes. The home sold in late 2022 for an estimated range of $39,500–$42,500. Market value can differ from assessed value based on current market conditions, specific home features, and recent upgrades.
5. The lot is large—are there any restrictions on its use?
With a lot size over 6,400 sqft, there is potential for gardening, expansion, or adding outdoor structures. It's essential to verify with the city if there are any easements, restrictive covenants, or zoning bylaws that could affect building a secondary structure, like a shed or garage addition.
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