Property score
65.8
Good
Overall 65.8 · Older than most nearby homes
1,220 sqft (bottom 41%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
7 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
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65.8 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
71 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 413 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 14% | 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
This one-storey home at 71 Tulane Bay in Fort Richmond presents a practical and comfortable living opportunity. Its key appeal lies in a balance of space, location, and value within a well-established neighbourhood.
Key Characteristics & Suitability
The 1,220 sqft home sits on a 6,255 sqft lot, offering a manageable yard size. A recently renovated basement adds valuable finished living space. The home was built in 1965, placing it among the older homes in Fort Richmond, but its above-average assessed value for the street and city suggests it has been well-maintained or updated. The living area is consistently "around average" when compared to the street, neighbourhood, and wider city, indicating a comfortable, typical size for the area without being overly large or small.
This property would suit first-time buyers or downsizers looking for a single-level layout in a mature neighbourhood. Its appeal is grounded in being a solid, no-frills home—it has no pool but includes an attached garage. The data suggests it's a house that holds its own value well on its street, potentially offering a sense of stability. A thoughtful perspective is that while the lot size is below average for Fort Richmond, it is above average city-wide, meaning less yard maintenance than some area homes but still a good private outdoor space compared to many newer developments.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is in the top 14% on Tulane Bay itself, meaning it is valued higher than most directly comparable houses on the same street. This often indicates perceived desirability, updates, or a premium lot position.
2. Is the living space considered small for the area?
No. At 1,220 sqft, the living area is very close to the average for both Tulane Bay and the entire City of Winnipeg. It provides a typical amount of space for a family or couple.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This is a key detail to clarify with the selling agent to understand the home’s full liveable space and functionality.
4. The home is older than many in Fort Richmond. Should I be concerned?
Built in 1965, it is older than the neighbourhood average. This typically means potential for older components (like plumbing or electrical) to need attention, but it can also mean a larger lot and more established landscaping than newer homes. Its strong assessed value suggests it hasn’t been neglected.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service provides an estimated range and offers to send the precise sale history via email upon request, which they handle manually without using the contact for unsolicited marketing.
