55 Temple Bay

Fort Richmond, Winnipeg

Property score

74.7

Good

Overall 74.7 · Larger but older than most nearby homes

1,806 sqft (top 16%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 70.0 · 6-min walk to transit with 3 nearby routes

Living Area

Above average

27% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

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

74.7 is composed by the two sections below.

Property Score

79.7Good
Living Area1,806 sqft89Excellent
Year Built196546Low
Lot Size7,278 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

67.2Good
Household Income68Good
Education Level91Excellent
Housing Stress20Low
Core Housing Need88Excellent
Employment Health42Low

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: #46111020

Community deep dive

$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

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,806 sqft
0255075100
Same streetTop 6%Same areaTop 16%CitywideTop 17%
Same street · Temple Bay
#2 / 34
Top 6% · Avg 1,265 sqft
Same area · Fort Richmond
#415 / 2,629
Top 16% · Avg 1,421 sqft
Citywide · Winnipeg
#33,037 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetTop 9%Same areaTop 32%CitywideTop 30%
Same street · Temple Bay
#3 / 34
Top 9% · Avg 395.1k
Same area · Fort Richmond
#853 / 2,629
Top 32% · Avg 435.7k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 35%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
7,278 sqft
0255075100
Same streetTop 24%Same areaTop 27%CitywideTop 15%

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

Search radius
No data within 500 m.

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 7/2023CA$500k–550k
Sold price

Same street

Top 7%

Same area

Top 7%

City-wide

Top 16%

Related homes

Highlights & common questions: 55 Temple Bay, Winnipeg

Property Overview & Appeal

This well-situated Fort Richmond home at 55 Temple Bay presents a compelling opportunity, particularly for its generous proportions. Built in 1965, its key characteristic is its above-average living space of 1,806 sqft, which ranks in the top 6% of homes on its own street. The property sits on a large 7,278 sqft lot, offering ample outdoor space that is well above the city-wide average. A recently renovated basement adds functional living area, and the home includes a detached garage.

The appeal lies in the combination of substantial interior space and a sizable lot in an established neighbourhood. It suits buyers looking for room to grow without the footprint of a multi-storey home, or those who value a larger yard for gardening, recreation, or future expansion. The renovated basement also appeals to those needing a separate living space, a home office, or a recreational room. A thoughtful perspective is that this property offers the "bones" of a larger home from an era with generous room sizes, providing a solid foundation for both comfortable living and potential future updates.

Frequently Asked Questions

1. How does the home’s size compare to others in the area?
The living area is notably larger than most, ranking in the top 6% on Temple Bay and the top 16% within the broader Fort Richmond area.

2. What is the condition of the basement?
The listing specifies the basement has been renovated, but viewing the property is essential to assess the quality, finish, and layout of this updated space.

3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is one data point for municipal tax purposes. The sold price history shows a transaction in July 2023, and current market conditions will ultimately determine the value. The exact historical sold price can be requested directly from the listing source.

4. What are the implications of a home built in 1965?
While the structure is sound and from an era known for durable construction, a prospective buyer should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider the style of original features that may remain.

5. How does the detached garage affect utility?
A detached garage offers flexibility and can reduce noise from vehicles entering and exiting. However, it requires going outdoors to access the main house, which is a consideration during Winnipeg's winter months.

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