65 Cornell Drive

Fort Richmond, Winnipeg

Property score

77.2

Good

Overall 77.2 · Compared with neighbourhood average

1,341 sqft (top 44%) · Built in 1972

Located in a high-income area with median household income of ~113k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

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

77.2 is composed by the two sections below.

Property Score

70.8Good
Living Area1,341 sqft71Good
Year Built197258Fair
Lot Size6,710 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

around average
1,341 sqft
0255075100
Same streetBottom 43%Same areaTop 44%CitywideTop 39%
Same street · Cornell Drive
#16 / 28
Bottom 43% · Avg 1,383 sqft
Same area · Fort Richmond
#1,165 / 2,629
Top 44% · Avg 1,421 sqft
Citywide · Winnipeg
#76,012 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
451k
0255075100
Same streetTop 25%Same areaTop 28%CitywideTop 28%
Same street · Cornell Drive
#7 / 28
Top 25% · Avg 417.3k
Same area · Fort Richmond
#742 / 2,629
Top 28% · Avg 435.7k
Citywide · Winnipeg
#54,801 / 194,458
Top 28% · Avg 390.1k

Year Built

Elite
1972
0255075100
Same streetTop 4%Same areaTop 41%CitywideTop 45%

Lot Size

above average
6,710 sqft
0255075100
Same streetTop 25%Same areaTop 48%CitywideTop 20%

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

65 Cornell Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 498 m), 3 parks (nearest 240 m).

Search radius
🏫Education1
🌳Parks3

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 9/2024CA$450k–500k
Sold price

Same street

Top 29%

Same area

Top 17%

City-wide

Top 22%
Sold 7/2021CA$350k–400k
Sold price

Same street

Bottom 43%

Same area

Top 41%

City-wide

Top 34%

Related homes

Highlights & common questions: 65 Cornell Drive, Winnipeg

Property Overview: 65 Cornell Drive, Fort Richmond

Key Characteristics, Appeal & Ideal Buyer

This one-storey home at 65 Cornell Drive is a solid, well-positioned property in Fort Richmond. Built in 1972, it stands out on its street as one of the newest homes in the area, offering a relative advantage in terms of potential building systems and updates. With 1,341 sqft of living space and a renovated basement, it provides practical, single-level living. The attached garage and a notably above-average lot size of 6,710 sqft add to its functional appeal, providing valuable outdoor space and storage options not always found in similar homes.

The home’s primary appeal lies in its balanced, above-average positioning across key metrics. While its living space is average for the city, its assessed value consistently ranks in the top 28-30% of its immediate area, street, and city-wide, suggesting it is viewed as a strong value property by municipal assessment. This combination of a newer build year, a generous lot, and a renovated basement presents a move-in ready canvas. It would suit practical buyers such as downsizers seeking single-level convenience, first-time homeowners looking for a stable property in a established neighbourhood, or value-focused investors attracted by its strong assessment history and recent sale activity.


Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home sold most recently in late 2024. While the exact price is available upon request, the data shows that sale price ranked in the top 22-29% compared to city-wide averages at the time, indicating a competitive market position.

2. What does the “above average” assessed value mean for taxes or resale?
An assessed value that ranks above average for the area generally reflects the municipality’s view of the property’s worth relative to others. It can be a sign of good upkeep and desirability, but it also typically correlates with proportionately higher property taxes than a lower-assessed home nearby.

3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income or separate living quarters.

4. The home is newer than most on the street. What are the implications?
Being built in 1972, it is significantly newer than the street average (~1967). This can mean updated building materials, electrical, and plumbing compared to older neighbours, potentially reducing immediate renovation needs.

5. How does the lot size impact future potential?
The lot is above average in size for both the street and city-wide. This not only allows for more private outdoor space but may also provide greater flexibility for future additions, landscaping projects, or even subdivision, subject to local zoning bylaws.

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