712 Townsend Avenue

Fort Richmond, Winnipeg

Property score

66.0

Good

Overall 66.0 · Smaller and older than most nearby homes

1,001 sqft (bottom 12%) · Built in 1963 (9 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

66.0 is composed by the two sections below.

Property Score

57.0Fair
Living Area1,001 sqft52Fair
Year Built196346Low
Lot Size6,732 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111012

Community deep dive

$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

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
1,001 sqft
0255075100
Same streetBottom 19%Same areaBottom 12%CitywideBottom 26%
Same street · Townsend Avenue
#54 / 67
Bottom 19% · Avg 1,191 sqft
Same area · Fort Richmond
#2,301 / 2,629
Bottom 12% · Avg 1,421 sqft
Citywide · Winnipeg
#143,580 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetBottom 48%Same areaBottom 29%CitywideTop 42%
Same street · Townsend Avenue
#35 / 67
Bottom 48% · Avg 393.2k
Same area · Fort Richmond
#1,877 / 2,629
Bottom 29% · Avg 435.7k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetTop 43%Same areaBottom 5%CitywideBottom 45%

Lot Size

above average
6,732 sqft
0255075100
Same streetTop 30%Same areaTop 47%CitywideTop 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

712 Townsend Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 265 m), 1 parks (nearest 184 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

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%

Sales History

Sold 9/2016CA$300k–350k
Sold price

Same street

Bottom 28%

Same area

Bottom 25%

City-wide

Top 49%

Related homes

Highlights & common questions: 712 Townsend Avenue, Winnipeg

Property Overview

This one-storey home in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1963, its key characteristic is a generous 6,732 sqft lot, which is notably larger than many city-wide and street-level comparisons. The living space is a modest 1,001 sqft, and the home features a renovated basement and a detached garage. Its assessed value is positioned around the average for the area.

The appeal lies in its land size, offering room for gardening, expansion, or outdoor living—a relative rarity for the price point. The renovated basement adds functional living space. It would suit first-time buyers seeking an entry into the market with room to grow, value-conscious purchasers prioritizing land over a large footprint, or downsizers looking for a manageable single-level layout with a low-maintenance exterior and a spacious yard.

A less obvious perspective is that while the home's size is below area averages, this can translate to lower utility costs and less upkeep. Additionally, a property with an assessed value that is average for the street but on a larger lot may offer untapped equity potential for the right buyer.

Frequently Asked Questions

1. How does the home’s size compare to others in the area?
At 1,001 sqft, the living area is below the average for both Townsend Avenue and the wider Fort Richmond area. This is balanced by the property's larger-than-average lot size.

2. What is the significance of the assessed value?
The assessed value of $38,800 is around the average for the immediate street but below the average for Fort Richmond as a whole. It is important to note that assessed value is for municipal tax purposes and does not necessarily reflect current market value.

3. What does the sold price history indicate?
Public records show the home sold in September 2016 for an estimated range of $32,500 to $35,500. For the exact historical sold price, you can request the information via email from the listing source.

4. Is the larger lot a benefit for future expansion?
The 6,732 sqft lot is a standout feature, providing above-average outdoor space. This could allow for future additions, a large garden, or the installation of outdoor amenities, subject to local zoning and permit regulations.

5. Who might this property not suit?
Buyers seeking a move-in-ready home with modern, spacious interiors may find the below-average living area limiting. It may also not suit those looking for a brand-new build, as the structure is over 60 years old, though the basement has been renovated.

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