Property score
59.8
Fair
Overall 59.8 · Smaller than most nearby homes
933 sqft (bottom 8%) · 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: 13 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
34% 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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59.8 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
59 Magdalene Bay — 22 amenities found within 500 m, across 6 categories, including 13 dining (nearest 389 m), 2 education (nearest 304 m), 1 healthcare (nearest 463 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 47% | Bottom 38% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Magdalene Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 59 Magdalene Bay presents a compelling mix of space, value, and potential. Its most standout feature is the exceptionally large lot—over 11,000 sqft—which ranks in the top 5% locally. This offers rare outdoor space for gardens, recreation, or future expansion in a mature neighborhood. The home itself, built in 1972, is of a newer vintage than most on its street and features a renovated basement and an attached garage.
The appeal lies in its value proposition. While the living area (933 sqft) is modest and below area averages, the assessed value is strong for the immediate street, suggesting the premium lot size is a key factor in its valuation. It suits practical buyers who prioritize land over a large existing footprint—perfect for those wanting room to grow, down-sizers seeking private outdoor space, or value-conscious investors attracted by the lot's inherent equity. It’s a property where the land is the primary asset, with the house offering functional living space.
Section 2: Frequently Asked Questions
1. Is the living space too small for a family?
While below the neighborhood average, the 933 sqft layout, combined with a renovated basement, provides functional living areas. The immense lot offers valuable "outdoor rooms" for play and entertaining, effectively expanding usable space.
2. Why is the assessed value strong compared to the home's size?
The high assessment is largely driven by the elite-sized lot. In established neighborhoods, land value often constitutes a significant portion of a property's worth, and this lot is a standout asset.
3. What does "bi-level" mean for this home?
A bi-level typically features a main living area accessed by a short staircase from the entry, with a lower level partially below ground. This home’s lower level is renovated, adding to its livable space.
4. How does the age of the home (1972) affect things?
Built in 1972, it is newer than many on its street. This can mean updates to major systems may have already occurred, but a thorough inspection is still recommended to understand the condition of the roof, windows, and mechanicals.
5. What is the neighborhood like?
Located in Fort Richmond, it's a mature, established area. The data shows homes on Magdalene Bay have consistent vintage and value, indicating a stable, well-maintained street. Proximity to nearby bays (Loyola Bay) suggests a pleasant, community-oriented setting.
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