70.1
Good
Property score
70.1
Good
Overall 70.1
Older than most nearby homes
1,225 sqft (bottom 42%)
Built in 1965 (7 yrs older than avg)
Located in a above-average income area
with median household income of ~85k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 55%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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70.1 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: #46111012
$85K
Median household income
$87K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
17%
Single-person households
23%
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 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 373 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 10% | Top 12% | Top 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 29% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 6 Tulane Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a solid, average-sized property within its local context. Built in 1965, it features 1,225 sqft of living space, an attached garage, and a renovated basement. The lot size of 5,716 sqft is notably smaller than many in the immediate neighbourhood and Fort Richmond area, but is close to the city-wide average.
Its primary appeal lies in its established location and practicality. The home sits comfortably within the middle range for its street and area in terms of size, assessed value, and age, suggesting a stable, predictable investment without extreme outliers. The renovated basement adds modern living space. Recent sale history indicates strong value appreciation between 2020 and 2022.
This property would best suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighbourhood. It’s also a practical choice for an investor or buyer who values a home that is neither the largest nor the smallest on the block, offering a sense of community consistency. The smaller lot could be a benefit for those wanting less yard maintenance.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold in February 2022 for an estimated $45,500-$48,500, which was in the top 10-12% for sale prices on its street at that time. This followed a significant increase from its prior sale in February 2020, showing strong appreciation in that period.
2. Is the lot size a concern?
The lot is smaller than many in Fort Richmond. This means less yard upkeep, but also less private outdoor space. For some buyers, this is a worthwhile trade-off for the location. The lot is still near the average size for Winnipeg overall.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and scope of the renovation and whether it includes legal secondary suites or simply finished living space.
4. How does the assessed value relate to the expected market price?
The assessed value is $41,200, which is used for property tax calculation. Market price is determined by current buyer demand. The home’s 2022 sale price was significantly higher than its current assessed value, which is common, as assessments lag behind market shifts. Recent sale prices on the street are a better gauge.
5. Are there other similar homes available nearby?
The data shows several comparable homes on the same street in terms of assessed value, such as 35 Tulane Bay, which is slightly larger. This provides useful context for comparing price, size, and condition when evaluating this property’s market position.
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