Property score
74.9
Good
Overall 74.9 · Older than most nearby homes
1,312 sqft (top 47%) · Built in 1967 (5 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 park, and 1 sports facility nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 48%Chinese · 10%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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74.9 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: #46111016
$94K
Median household income
$114K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
15%
Single-person households
34%
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
7 Acadia Bay — 5 amenities found within 500 m, across 3 categories, including 3 education (nearest 166 m), 1 parks (nearest 142 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 16% | Bottom 21% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 7 Acadia Bay in Fort Richmond is a practical and straightforward property. Built in 1967, it features 1,312 sqft of living space and sits on a 6,267 sqft lot, which is notably larger than the average city lot. A key update is its renovated basement, adding functional living space. The home does not have a garage or pool.
Its appeal lies in its simplicity and value. The renovated basement offers immediate utility without the need for a major project, and the above-average lot size for Winnipeg provides good outdoor space and potential. The home’s assessed value is positioned below average for its immediate street and neighbourhood, which could represent a value opportunity in the Fort Richmond area.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a established neighbourhood. It’s also a sensible fit for a value-conscious buyer who prioritizes land size over a recently built home and is comfortable with a property from the 1960s.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is below the average for both Acadia Bay street and the wider Fort Richmond neighbourhood, but sits close to the citywide average. This suggests it may be priced more accessibly than many direct neighbours.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes added bedrooms, a living area, or a legal suite.
3. Is the lack of a garage a major concern?
The home has no garage. This is a common feature in older neighbourhoods and may mean relying on driveway parking or street parking. For some buyers, this is a trade-off for the larger lot.
4. The home is older—what should I be aware of?
Built in 1967, major systems like the roof, plumbing, electrical, and foundation should be carefully inspected. Its age is typical for the area, but being older than most on its street means maintenance history is key.
5. Why is the lot size noteworthy?
At over 6,200 sqft, the lot is larger than the average Winnipeg lot. This offers more private outdoor space than many newer properties and could be a long-term asset for gardening, expansion, or simply more distance from neighbours.
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