59 Wadham Bay

Fort Richmond, Winnipeg

Property score

65.5

Good

Overall 65.5 · Smaller than most nearby homes

933 sqft (bottom 8%) · Built in 1971 (1 yr older than avg)

Located in a high-income area with median household income of ~94k

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 park, and 1 sports facility nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 48%Chinese · 10%

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

65.5 is composed by the two sections below.

Property Score

53.4Fair
Living Area933 sqft42Low
Year Built197158Fair
Lot Size6,870 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

83.7Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
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: #46111016

Community deep dive

$94K

Median household income

$114K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)577
Labour force participation rate55%
Median age42.4
Avg household size3.0
Unemployment rate9%
Population density3394 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households15%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority55%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

below average
933 sqft
0255075100
Same streetBottom 21%Same areaBottom 8%CitywideBottom 19%
Same street · Wadham Bay
#31 / 39
Bottom 21% · Avg 1,227 sqft
Same area · Fort Richmond
#2,419 / 2,629
Bottom 8% · Avg 1,421 sqft
Citywide · Winnipeg
#156,789 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
410k
0255075100
Same streetBottom 46%Same areaBottom 46%CitywideTop 36%
Same street · Wadham Bay
#21 / 39
Bottom 46% · Avg 408.1k
Same area · Fort Richmond
#1,416 / 2,629
Bottom 46% · Avg 435.7k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 21%Same areaTop 48%CitywideTop 47%

Lot Size

above average
6,870 sqft
0255075100
Same streetTop 31%Same areaTop 41%CitywideTop 18%

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

59 Wadham Bay — 5 amenities found within 500 m, across 3 categories, including 3 education (nearest 360 m), 1 parks (nearest 443 m).

Search radius
🏫Education3
🌳Parks1
💪Sports1

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 10/2021CA$450k–500k
Sold price

Same street

Top 13%

Same area

Top 17%

City-wide

Top 22%

Related homes

Highlights & common questions: 59 Wadham Bay, Winnipeg

Property Overview

This 1971 bi-level home at 59 Wadham Bay in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. With 933 sqft of living space, it is a more compact home compared to many in the area, but it features a renovated basement and an attached garage. The lot is a notable aspect at 6,870 sqft, offering above-average outdoor space citywide. The assessed value of $410k is around the average for the immediate street and neighbourhood. Its appeal lies in its efficient layout, updated lower level, and the potential of its generous lot. This property would suit first-time buyers, downsizers, or investors looking for a lower-maintenance home with a solid foundation in a convenient location, where the value may be more in the land and location than in the square footage.

Frequently Asked Questions

Is the living area too small?
At 933 sqft, the home is below the average size for Fort Richmond. However, the renovated basement effectively adds usable living space, making the layout more functional than the main floor square footage alone might suggest.

What does the assessed value ranking mean?
The $410k assessment is ranked around average for the street and neighbourhood, but in the top 36% citywide. This suggests the property holds its value well in a broader Winnipeg context, likely due to its lot size and location.

How does the lot size compare?
The 6,870 sqft lot is a key feature. It's above average compared to the entire city, providing significant outdoor space that is less common in newer developments, offering room for gardening, play, or expansion.

What is the significance of the Year Built ranking?
Built in 1971, this home is newer than many on its street (top 21%). This can imply potentially fewer immediate major repairs compared to older peers, though a full inspection is always recommended.

Can I find out the exact historical sale price?
The listed sale price range is based on public data. The exact sold price from October 2021 is available by request via email from the listing service, which they provide manually without using your email for marketing.

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