Property score
84.7
Excellent
Overall 84.7 · Larger and newer than most nearby homes
4,139 sqft (top 1%) · Built in 1974 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Above average
191% larger than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 53%Chinese · 15%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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84.7 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: #46111010
$72K
Median household income
$106K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.4
P90 / P10 ratio
34%
Single-person households
10%
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
565 Parkwood Place — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 468 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 1% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 565 Parkwood Place, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home on Parkwood Place is defined by its exceptional space, both inside and out. With over 4,100 square feet of living area, it ranks in the top 1% of homes in Fort Richmond and citywide for size, offering a rare volume of interior room. This is complemented by a land parcel of approximately 16,250 square feet, placing it in the top 2% of lots in the area, providing significant outdoor privacy and potential.
The primary appeal lies in this combination of grand interior proportions and a sprawling, estate-like lot within a well-established neighbourhood. Built in 1974, the home is newer than many in Winnipeg but is a mature property that likely appeals to those valuing established landscapes and community character over a brand-new build. The assessed value of $1.03M reflects its elite standing in the local market.
This property is ideally suited for buyers who prioritize space above all else—whether for a large family, multi-generational living, or extensive entertaining. It’s for those seeking a private retreat without leaving the city, who appreciate the value of land and are prepared to maintain or potentially update a home of this vintage and scale.
Frequently Asked Questions
1. How does the home’s age affect its value?
Built in 1974, the home is newer than the Winnipeg average but is not a new construction. Its value is driven overwhelmingly by its massive lot and living area. Buyers should budget for updates consistent with a home of this era, while viewing the established neighbourhood and mature landscaping as a benefit of its age.
2. Is the lot size typical for the area?
No, it is exceptional. While it’s actually below average for Parkwood Place itself—a street of very large lots—this property’s lot is in the top 2% for all of Fort Richmond and Winnipeg. You are purchasing a level of land privacy that is increasingly rare in the city.
3. What does the sold price history indicate?
The data shows a sale in early 2021 in the $93,500–$96,500 range, with the assessed value now at $1.03M. This significant increase reflects broader market trends and the unique, top-tier attributes of this specific property. It underscores the importance of a current, professional appraisal.
4. Who would this home not suit?
It may not suit buyers seeking a modern, low-maintenance, or turn-key property, as a home of this size and age will require committed upkeep. It’s also likely more space than needed for small households or those unwilling to manage the heating, cleaning, and maintenance costs associated with nearly 4,140 sq ft.
5. Are the property taxes in line with the assessment?
With an assessed value in the top 1% of the city, property taxes will be correspondingly high. Prospective buyers should investigate the exact tax amount to fully understand the annual carrying costs of this premium property.
