Property score
91.4
Excellent
Overall 91.4 · Larger and newer than most nearby homes
2,196 sqft (top 7%) · Built in 1998 (26 yrs newer than avg)
Located in a high-income area with median household income of ~156k
Transit 68.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
55% larger than neighborhood avg.
Year Built
Above average
26 yrs newer than neighborhood avg.
Mother tongue
English · 76%Chinese · 7%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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91.4 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: #46110940
$156K
Median household income
$276K
Average household income
9%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.0
P90 / P10 ratio
3%
Single-person households
32%
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
71 Michigan Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 443 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 42% | Top 11% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
71 Michigan Avenue is a well-positioned two-storey home in Fort Richmond, built in 1998. Its key appeal lies in offering above-average space and modern construction for the area, combined with a practical layout that includes an attached garage and a renovated basement.
Key Characteristics & Appeal
This home stands out in its neighbourhood for being notably newer than most. Built in 1998, it is among the top 1% of homes in Fort Richmond by age, suggesting potentially fewer major maintenance concerns compared to the area's predominantly 1970s-built stock. With over 2,190 square feet of living space, it provides ample room, ranking in the top 7% locally. The lot size is generous and fairly standard for the street, offering good outdoor space without excessive upkeep.
The appeal is grounded in value and practicality. It suits buyers looking for a move-in-ready family home in a established neighbourhood who want the benefits of a more modern build—like updated systems and layouts—without venturing to newer suburban developments. It’s also a strong fit for value-conscious buyers who appreciate that the home’s assessed value sits in an elite tier for the neighbourhood (top 5%), indicating a history of above-average investment or desirability. The renovated basement adds flexible living space, a significant asset for growing families or those who work from home.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home with similar assessed value on this street last sold in late 2019 for between $46.5k and $49.5k. The current assessed value of $60.3k is above average for the street, neighbourhood, and city, suggesting it has been maintained or upgraded relative to peers.
2. What does the "elite" ranking for year built mean?
This means the 1998 build date is newer than over 99% of homes in Fort Richmond. For a buyer, this typically translates to more modern construction standards, wiring, plumbing, and insulation compared to the area's median home built in the early 1970s.
3. Is the living space efficiently laid out?
At 2,196 sq ft, the living area is significantly larger than the Fort Richmond average (~1,421 sq ft). As a two-storey with a renovated basement, it likely offers distinct living zones, which is a key advantage over older bungalows or split-levels common in the area.
4. What is the neighbourhood like?
Fort Richmond is a mature, established neighbourhood. This specific street, Michigan Avenue, appears to have a mix of home ages and sizes, with this property being one of the newest and larger homes on the block, offering a slight premium feel within the area.
5. Who would this property not suit?
Buyers seeking a brand-new home or extensive custom renovations might find a 28-year-old property less ideal. Similarly, those looking for a very large or estate-sized lot may find the lot size adequate but not exceptional for the neighbourhood.
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