Property score
54.8
Fair
Overall 54.8 · Smaller than most nearby homes
844 sqft (bottom 5%) · Built in 1972
Located in a average-income area with median household income of ~58k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 2 schools, 2 shops, and 2 parks nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 42%Chinese · 14%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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54.8 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: #46110945
$58K
Median household income
$68K
Average household income
30%
Low income (LIM-AT)
0.3
Income inequality (Gini)
6.8
P90 / P10 ratio
22%
Single-person households
27%
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 Mount Allison Bay — 16 amenities found within 500 m, across 5 categories, including 8 dining (nearest 400 m), 2 education (nearest 395 m), 2 shopping (nearest 374 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%
71 Mount Allison Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1972 bi-level home at 71 Mount Allison Bay in Fort Richmond presents a practical and affordable entry point into the Winnipeg market. With 844 sqft of living space and a renovated basement, it sits on a 6,151 sqft lot. The home's assessed value is notably below average for its immediate neighborhood and Fort Richmond, yet it holds an "Elite" ranking for its year built on its street, indicating it is one of the newest homes in that specific locale. It does not have a garage or pool.
Key Characteristics & Appeal
The primary appeal of this property lies in its value proposition and potential. Its below-average assessed value for the area suggests a more accessible price point, making it a candidate for first-time homebuyers, investors, or those seeking lower carrying costs. The renovated basement adds functional living space. A thoughtful perspective is that while the living area is compact, the lot size is above average citywide, offering valuable outdoor space or future expansion potential relative to many Winnipeg homes. Its age is a relative strength on its own street, possibly implying fewer immediate major repairs compared to older neighbors. This home suits buyers prioritizing lot size over interior square footage, those comfortable with a bi-level layout, and anyone looking for a solid foundation in a established neighborhood without a premium price tag.
Frequently Asked Questions
1. Is the home significantly smaller than others in Winnipeg?
Yes, at 844 sqft, the living area is below the city-wide average. However, the property compensates with an above-average city-wide lot size.
2. Why is the assessed value so much lower than the neighborhood average?
The assessed value is influenced by the home's smaller living area and the lack of a garage. It reflects the property's specific characteristics rather than the neighborhood as a whole.
3. What does the "Elite" ranking for year built mean?
On its specific street (Mount Allison Bay), this home, built in 1972, is among the newest. This is a hyper-local advantage, though it is around average for the broader Fort Richmond area and city.
4. Who would this property not be suitable for?
It may not suit buyers requiring extensive indoor space, those who need a garage, or families looking for a move-in-ready home with modern, open-concept layouts typical of newer builds.
5. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official living area (main floor) calculation. The 844 sqft likely refers to the above-grade bi-level footprint, with the renovation adding bonus space.
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