Property score
63.9
Fair
Overall 63.9 · Compared with neighbourhood average
1,203 sqft (bottom 37%) · Built in 1971 (1 yr older than avg)
Located in a average-income area with median household income of ~58k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 22 dining spots, 2 schools, 3 healthcare facilitys, and 4 shops nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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63.9 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
6 Magdalene Bay — 41 amenities found within 500 m, across 9 categories, including 22 dining (nearest 239 m), 2 education (nearest 261 m), 3 healthcare (nearest 336 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 12% | Bottom 4% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 6 Magdalene Bay in Fort Richmond presents a distinct value proposition. Its key appeal lies in offering above-average interior space for the immediate street and neighbourhood, housed within a more modest and efficiently scaled property. Built in 1971, the 1,203 sqft home features a renovated basement. The lot size of 3,661 sqft is compact for the area, which translates to lower maintenance. Notably, the home's assessed value is significantly below average for both the street and wider city, suggesting a potentially attractive entry point into the market.
This property would suit practical, value-conscious buyers. It's ideal for first-time homeowners or downsizers who prioritize living space over yard work and see potential in a home that may be undervalued relative to its usable square footage. It’s less suited for those seeking a large outdoor space or a newer build without renovation projects.
Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. While it ranks low compared to neighbours, it often reflects the home's older age, smaller lot, and the specific assessment model. It can represent a key opportunity, as property taxes are partially based on this assessment, potentially offering long-term savings.
2. What does "above average living area for the street" mean in practice?
Most homes directly on Magdalene Bay are slightly smaller. You're getting more interior room than the typical house on this block, which is a practical advantage, especially if the layout is functional.
3. Who might find the smaller lot size a benefit?
The compact 3,661 sqft lot means less time and money spent on lawn care, gardening, and exterior maintenance. This can be a major perk for busy professionals, retirees, or anyone looking to minimize weekend chores.
4. The home sold in late 2020. What context is important?
The sold price range from 2020 reflects the pre-peak market. Its value trajectory since then would be influenced by broader market trends, any updates made by the current owners, and the ongoing demand in Fort Richmond.
5. What should I investigate about the renovated basement?
It's important to verify the quality and permits for the renovation. Also, consider its use and ceiling height—a well-finished basement in a 1970s home adds valuable functional space but may have specific moisture control or egress requirements to check.
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