63 Mcmasters Road

Fort Richmond, Winnipeg

Property score

76.8

Good

Overall 76.8 · Older than most nearby homes

1,536 sqft (top 31%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby

Living Area

Near average

8% larger 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)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

76.8 is composed by the two sections below.

Property Score

75.0Good
Living Area1,536 sqft79Good
Year Built196546Low
Lot Size10,087 sqft97Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

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: #46111012

Community deep dive

$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

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

above average
1,536 sqft
0255075100
Same streetTop 33%Same areaTop 31%CitywideTop 28%
Same street · Mcmasters Road
#12 / 36
Top 33% · Avg 1,395 sqft
Same area · Fort Richmond
#815 / 2,629
Top 31% · Avg 1,421 sqft
Citywide · Winnipeg
#55,216 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetTop 6%Same areaTop 25%CitywideTop 27%
Same street · Mcmasters Road
#2 / 36
Top 6% · Avg 399.7k
Same area · Fort Richmond
#666 / 2,629
Top 25% · Avg 435.7k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 25%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
10,087 sqft
0255075100
Same streetTop 6%Same areaTop 9%CitywideTop 6%

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

63 Mcmasters Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 496 m), 1 parks (nearest 295 m).

Search radius
🏫Education1
🌳Parks1
Worship2

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 12/2024CA$500k–550k
Sold price

Same street

Top 6%

Same area

Top 8%

City-wide

Top 16%
Sold 8/2016CA$350k–400k
Sold price

Same street

Top 35%

Same area

Top 44%

City-wide

Top 36%

Related homes

Highlights & common questions: 63 Mcmasters Road, Winnipeg

Property Overview: 63 Mcmasters Road, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fort Richmond is defined by its generous, mature lot and a history of significant value growth. Sitting on a 10,087 sqft parcel, the property ranks in the top 6% for lot size on its street and within Winnipeg, offering a rare level of outdoor space for the area. The home itself, built in 1965, features 1,536 sqft of living space and a renovated basement. Its appeal lies in this combination of a substantial, established yard with updated living areas. The sale history shows a notable increase from $390k in 2016 to $500k in late 2024, indicating strong market confidence and investment potential.

This property would suit buyers looking for a long-term family home where the land itself is a primary asset, or for those who value space for gardens, recreation, or future expansion over a brand-new build. It’s also a compelling option for value-conscious buyers comparing newer homes on smaller lots, as it offers more privacy and room to breathe. A less obvious perspective is that the home’s age and solid performance in assessed value rankings suggest it's in a stable, desirable part of Fort Richmond, likely attracting neighbours who have invested in their properties over time.

Frequently Asked Questions

1. How does the assessed value compare to the recent sale price?
The home was assessed at $45,800 but sold for $500,000 in December 2024. This large difference is common and reflects that assessed value is used for municipal tax purposes, while the sale price is determined by the current market.

2. 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 listing agent to understand if it’s a finished living space, a recreational room, or includes additional bedrooms.

3. Is the large lot a benefit for property taxes?
While a larger lot can increase assessed value and therefore taxes, this property’s assessed value remains relatively moderate compared to its sale price. The tax bill would be based on the $45,800 assessment, not the sale price.

4. The home is older—what should I consider?
Built in 1965, the major systems (roof, wiring, plumbing, HVAC) may be original or have been updated at various times. A thorough home inspection is essential to understand the condition and anticipate any upcoming maintenance or modernization costs.

5. How does this property rank for its size in the neighbourhood?
With 1,536 sqft, it offers above-average living space for Fort Richmond, ranking in the top 25% within the neighbourhood. This means it provides more interior room than many comparable homes in the area.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.