Property score
77.3
Good
Overall 77.3 · Newer than most nearby homes
1,349 sqft (top 44%) · 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
5% 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)
1,068
445k
$351/sqft
1972
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77.3 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: #46110942
$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
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
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 20% | Top 46% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This single-storey home at 62 Rice Road in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Its key appeal lies in its balance of space, recent updates, and relative value. The nearly 6,815 sqft lot is notably larger than many in the area, offering ample outdoor space in a city where that can be a premium. The home itself, built in 1977, features a renovated basement and an attached garage. With 1,349 sqft of living area, it sits comfortably in the middle range for the local market, suggesting a manageable size for upkeep.
The property’s data reveals a thoughtful perspective: while the home is older, it ranks newer than most on its street and in Fort Richmond, indicating it’s among the more recent builds in a mature area. Its current assessed value is consistent with similar homes across the city, but the notable increase from its 2018 sale price suggests recognized improvement or market growth. This home would suit first-time buyers looking for a move-in-ready property with a finished basement, or downsizers seeking a single-level layout without sacrificing yard space. It’s a grounded choice for those who value neighbourhood character over new construction, and who see potential in a large lot.
Frequently Asked Questions
Q: How does the lot size compare to typical properties in Winnipeg?
A: The lot is over 6,800 sqft, which places it in the top 20% of all residential properties in Winnipeg for size. This is a significant asset, especially in a built-up neighbourhood.
Q: The home was built in 1977. What should I consider regarding its age?
A: While 49 years old, the data shows it is actually newer than over 80% of the homes on its street and in Fort Richmond. This means major components like roofing, windows, or wiring may have been updated more recently than in neighbouring houses. A thorough inspection is always advised.
Q: What does the "renovated basement" typically imply?
A: While specifics require viewing, in a home of this era and style, a renovated basement often means it has been finished into a livable space such as a family room, office, or additional bedrooms, adding functional square footage to the main floor layout.
Q: The assessed value increased from its 2018 sale price. What does that indicate?
A: The increase from $38.5k to $44.2k in assessed value over five years can reflect market appreciation, significant improvements made to the property, or a combination of both. It’s a positive indicator of maintained or enhanced value.
Q: Is this a good neighbourhood for investment or long-term living?
A: Fort Richmond is a stable, established neighbourhood. The presence of many homes from the 1960s and 70s shows a community of long-term residents, while its proximity to the University of Manitoba can provide consistent rental demand if that is a future consideration.
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