66.8
Good
Property score
66.8
Good
Overall 66.8
Older than most nearby homes
1,264 sqft (bottom 47%)
Built in 1966 (6 yrs older than avg)
Located in a above-average income area
with median household income of ~66.5k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 49%Chinese · 16%
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
66.8 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: #46111020
$67K
Median household income
$76K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
11.9
P90 / P10 ratio
30%
Single-person households
21%
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 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 403 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 38% | Top 41% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Tulane Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and grounded opportunity. Built in 1966, it is actually one of the newer homes on its own street, which can be an advantage for systems and structure. With 1,264 sqft of living space, it provides above-average roominess for the immediate area. The lot size is a notable feature, ranking well above the city-wide average, offering generous outdoor space that is less common in newer developments.
The primary appeal lies in its balanced, no-frills profile within a mature neighbourhood. The home features a renovated basement, adding functional living space without the maintenance concerns of a pool or the cost of a built-in garage. It suits a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values solid square footage, a large yard, and a renovated lower level over high-end finishes or premium amenities. It’s a property for those who see potential in space and location rather than turn-key luxury.
Section 2: Frequently Asked Questions
1. What does the "above average" ranking for living area really mean?
It means that within the group of 35 directly comparable homes on Tulane Bay, this home's living space is larger than most, ranking 8th. You're getting more interior space than is typical for this specific street.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value (40.10k) is for municipal tax purposes and is typically much lower than market value. Recent sold price data for the area is a far better guide. For the exact historical sold price of this property, you can request it via email from the listing source.
3. There's no garage. How does that impact value and livability in Winnipeg?
The lack of a garage is a trade-off reflected in the price, making it more accessible. For some buyers, the large lot presents an opportunity to add a garage or shed later. For others, it means budgeting for parking pad installation or accepting street parking.
4. The home is 60 years old. What should I be mindful of?
While the renovated basement is a plus, a home of this age will have original components, like the roof, windows, plumbing, and electrical, that may need evaluation or future updating. Its newer rank on the street suggests some neighbours may have older systems.
5. How does the large lot size benefit me?
A 6,594 sqft lot that ranks above average city-wide provides valuable outdoor space for gardening, recreation, or future expansions like a deck, addition, or detached garage. It offers a sense of privacy and room that is increasingly scarce, which can be a long-term asset.
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.
