Property score
58.4
Fair
Overall 58.4 · Smaller and older than most nearby homes
896 sqft (bottom 6%) · Built in 1957 (15 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 65%Chinese · 12%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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58.4 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: #46111011
$97K
Median household income
$122K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
21%
Single-person households
18%
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
625 Townsend Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 304 m), 1 parks (nearest 339 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 32% | Bottom 28% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 625 Townsend Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1957, situated on a generously sized lot in Winnipeg's Fort Richmond neighborhood. Its key appeal lies in its balance of affordability and land value. The living space (896 sqft) is modest and below average for the area, but the property compensates with a larger-than-average citywide lot (6,497 sqft), offering valuable outdoor space and potential. The detached garage and renovated basement add practical utility.
The home suits first-time buyers or investors seeking an entry point into the market with a focus on land value over square footage. It’s also a candidate for those comfortable with a smaller interior footprint who prioritize lower property taxes, as the assessed value is notably below local averages. A thoughtful perspective is that this property represents a "land play" in an established area—the value is disproportionately in the lot, which could appeal to a long-term holder or someone with future expansion in mind, subject to local regulations.
Section 2: Frequently Asked Questions
1. Is the house particularly small compared to neighbors?
Yes. The living area is significantly below average for both Townsend Avenue and the wider Fort Richmond area, ranking in the bottom 10% locally. It is a compact home.
2. Why is the assessed value so much lower than the citywide average sale price shown?
The citywide "average" of $390k listed is for comparable homes based on assessment data, not a direct sale price average. This home's assessed value ($35.40k) is a municipal assessment for tax purposes, not a market price. Market sale prices are separate, as indicated in the sold history section.
3. What is the advantage of the lot size?
At 6,497 sqft, the lot is above the citywide average. This provides more private outdoor space than many city properties and is a key asset, potentially allowing for gardening, recreation, or future projects like a shed or expanded parking.
4. How can I find out what it actually sold for?
Exact sold prices are not publicly displayed in detail here. As noted, you can request the precise sale history by emailing the site administrators, who provide the information manually.
5. The home is older than most on the street. Should I be concerned?
Built in 1957, it is older than many in the immediate area. This typically warrants a close look at the condition of major systems (roof, wiring, plumbing) and the quality of the basement renovation, but it does not necessarily indicate a problem. The renovated basement suggests some updates have been made.
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