58 Rice Road

Fort Richmond, Winnipeg

Property score

74.5

Good

Overall 74.5 · Newer than most nearby homes

1,262 sqft (bottom 47%) · Built in 1977 (5 yrs newer than avg)

Located in a high-income area with median household income of ~114k

Transit 68.0 · 4-min walk to transit with 2 nearby routes

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 67%Chinese · 12%

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

74.5 is composed by the two sections below.

Property Score

68.0Good
Living Area1,262 sqft66Good
Year Built197767Good
Lot Size5,826 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

84.3Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

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: #46110942

Community deep dive

$114K

Median household income

$118K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)380
Labour force participation rate50%
Median age46.8
Avg household size2.8
Unemployment rate5%
Population density2714 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households11%
Couple families with children33%
Median household income (2020)$114K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 67%
Mother tongue (2nd)Chinese · 11%

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

Rankings

Living Area

around average
1,262 sqft
0255075100
Same streetBottom 48%Same areaBottom 47%CitywideTop 44%
Same street · Rice Road
#13 / 25
Bottom 48% · Avg 1,360 sqft
Same area · Fort Richmond
#1,401 / 2,629
Bottom 47% · Avg 1,421 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
429k
0255075100
Same streetTop 48%Same areaTop 40%CitywideTop 32%
Same street · Rice Road
#12 / 25
Top 48% · Avg 429.9k
Same area · Fort Richmond
#1,058 / 2,629
Top 40% · Avg 435.7k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 16%Same areaTop 16%CitywideTop 37%

Lot Size

around average
5,826 sqft
0255075100
Same streetBottom 1%Same areaBottom 15%CitywideTop 36%

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 8/2024CA$450k–500k
Sold price

Same street

Top 20%

Same area

Top 10%

City-wide

Top 18%

Related homes

Highlights & common questions: 58 Rice Road, Winnipeg

Property Overview: 58 Rice Road, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 1977, offering a practical and updated living space in the established Fort Richmond neighbourhood. Its key appeal lies in its balance of a renovated basement, attached garage, and a manageable 1,262 sqft footprint, all positioned on a standard city lot. The home presents as a solid, move-in-ready property without extreme highs or lows in its metrics—its living area, assessed value, and lot size are all around the average for the city, but it stands out on its street for being newer than most comparable homes.

This property would suit first-time buyers or downsizers seeking the convenience of single-level living with the added flexible space of a finished basement. It’s also a pragmatic fit for an investor or buyer who values a recent, modern renovation over original character, and who prefers a home that doesn’t require immediate work. A less obvious perspective is that its "average" rankings across the board suggest a stable, predictable value proposition in a neighbourhood context, potentially offering a lower-risk entry point into the market compared to more unique or outlier properties.

Frequently Asked Questions

1. How does the lot size compare to others?
The land area of 5,826 sqft is below the average for both Rice Road and the wider Fort Richmond area. This means the yard space may be more compact than some neighbours, but it is still very close to the Winnipeg city-wide average for comparable homes.

2. Is the home older or newer than others nearby?
Built in 1977, this home is actually newer than most comparable houses on its street and in Fort Richmond, ranking in the top 16% locally. This can be an advantage for systems and structure relative to other homes of a similar style in the area.

3. What does the "around average" assessed value indicate?
With an assessed value around $430k for similar homes on its street, the property sits in a middle range. This suggests it is unlikely to be over-improved for the area, which can be positive for property taxes and resale, but buyers should always verify with a current market evaluation.

4. What is included in the renovation?
The listing specifies a renovated basement. Prospective buyers should inquire about the scope, quality, and permits for this renovation, as well as the condition and age of major mechanical systems (roof, furnace, etc.) in the main home, which was built nearly 50 years ago.

5. How can I find out the exact historical sale price?
The listed sale price range is based on public data. The page states that you can request the exact sold price history by providing your email to the site, which promises to send the accurate figure manually without using your information for unsolicited marketing.

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