Property score
65.1
Good
Overall 65.1 · Smaller and older than most nearby homes
1,014 sqft (bottom 14%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby
Living Area
Below average
29% smaller 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)
1,068
445k
$351/sqft
1972
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.1 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: #46111012
$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
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 Tamworth Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 459 m), 2 parks (nearest 412 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 | Top 15% | Top 23% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 19% | Bottom 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 7% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Tamworth Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in the established Fort Richmond neighbourhood. Built in 1965, it stands out on its street as one of the oldest homes, suggesting potential for original character or a need for updates. With just over 1,000 square feet of living space, it is notably smaller than most homes in the immediate area and across Winnipeg, positioning it as a more affordable entry point. The lot size is also modest for the neighbourhood. A key feature is the renovated basement, adding functional space. There is no garage or pool.
Its primary appeal lies in value and location. The assessed value is consistently around average or below, both historically and in recent sales, indicating a lower property tax burden and an accessible price point for the area. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance footprint in a mature community. A thoughtful perspective is that its smaller size and lot could mean lower utility and upkeep costs, while its age and position as an "original" home on the street could appeal to those wanting to customize a property without removing someone else’s extensive renovations.
Section 2: Frequently Asked Questions
1. Is the smaller living area a significant drawback?
While below average in size, the renovated basement effectively expands the usable living space. This layout can be efficient for individuals, couples, or small families who prioritize location and value over square footage.
2. How does the assessed value impact property taxes?
With an assessed value that is below average for Fort Richmond, the municipal property taxes are likely to be proportionally lower than for larger, higher-valued homes in the same neighbourhood.
3. What does the home’s age mean for a buyer?
Being one of the oldest homes on the street (built in 1965) has two sides. It may retain charming original features, but a thorough inspection is advised to understand the condition of major aging components like the roof, plumbing, and electrical systems.
4. Is there potential for future expansion or adding a garage?
The lot size is below average for the area, which may limit options for large additions or building a detached garage. Any expansion plans should be carefully checked against local zoning bylaws and setback requirements.
5. The sales history shows price increases. What does this indicate?
The sold price has risen from the $27.5k-$30.5k range in 2017 to $41.5k-$44.5k in 2023. This reflects broader market trends and the value added by the basement renovation. It demonstrates steady appreciation for the property type in this location.
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.
