Property score
75.9
Good
Overall 75.9 · Compared with neighbourhood average
1,317 sqft (top 45%) · Built in 1968 (4 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, and 1 sports facility nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 61%Chinese · 13%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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75.9 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: #46111014
$98K
Median household income
$110K
Average household income
11%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
25%
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 Rutgers Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 389 m), 3 parks (nearest 356 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 10% | Top 7% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 55 Rutgers Bay in Fort Richmond is a practical and well-situated property. Built in 1968, it features 1,317 square feet of living space and sits on a 6,594 sqft lot. Key updates include a renovated basement. The home does not have a garage or pool. Its most recent recorded sale was in April 2022.
Section 1: Key Characteristics & Appeal
The appeal of this home lies in its solid foundation and manageable scale. It presents as a straightforward, renovated bungalow on a good-sized lot for the neighbourhood. While its living space and assessed value are consistently "around average" compared to immediate neighbours and the wider Fort Richmond area, it holds a notable distinction: its 1968 build date makes it one of the newer homes on its specific street, which can be a plus for maintenance and systems. The renovated basement adds functional living space.
This property would suit first-time buyers or downsizers looking for a single-level living option in a mature, established neighbourhood. It’s a home that offers more outdoor space than many city-wide comparables, providing room for gardening or private recreation. The value proposition is grounded in its relative modernity for the street, its updated basement, and its typical Fort Richmond location—offering a balance between city access and residential quiet.
Section 2: Frequently Asked Questions
Q: How does this home's value compare to others nearby?
A: Its assessed value is around the average for both Rutgers Bay and the broader Fort Richmond neighbourhood. This suggests it is priced in line with local market norms, not standing out as unusually high or low.
Q: What does the "renovated basement" typically include?
A: The listing confirms the basement is renovated but does not specify finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and functionality of the space.
Q: Is the lack of a garage a significant drawback?
A: It depends on the buyer's needs. Many homes in older Winnipeg neighbourhoods lack garages. The large lot does offer potential for off-street parking and possibly future construction of a garage or carport, subject to local bylaws.
Q: The home sold recently in 2022. What does that mean?
A: A sale just a few years ago indicates a motivated seller was found in the recent market. Reviewing the exact sold price (available by request from the site) against the current asking price would help gauge recent market movement and seller expectations.
Q: The lot size is noted as "above average" city-wide. Why is that important?
A: While the lot is typical for Fort Richmond, it is larger than many across Winnipeg. This is a less obvious advantage, offering more private outdoor space, better potential for additions or landscaping, and possibly contributing to a less crowded feel than newer, denser subdivisions.
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