Property score
66.0
Good
Overall 66.0 · Smaller and older than most nearby homes
1,063 sqft (bottom 19%) · Built in 1964 (8 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 55%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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66.0 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: #46111012
$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
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
737 Townsend Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 365 m), 1 parks (nearest 211 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 16% | Top 23% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1964 bi-level home at 737 Townsend Avenue in Fort Richmond offers a practical, value-oriented entry into the Winnipeg market. Its key appeal lies in its balance of space and price, featuring a renovated basement and a detached garage on a notably large lot for the city. With 1,063 sqft of living space, the home is compact but efficiently laid out. The data suggests it is a solidly average property in its immediate area in terms of size and value, but it stands out for its generous land area, which ranks in the top 19% city-wide. The recent sale in mid-2024 at a price point similar to its assessed value indicates a stable, transparent market valuation.
This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing outdoor space. It’s also a candidate for buyers with a longer-term vision, as the large lot presents a less obvious but valuable opportunity for future expansion, gardening, or simply enjoying more privacy than typical city lots allow. The renovated basement adds immediate functional living space, making it move-in ready for those who prioritize practicality over high-end finishes.
Frequently Asked Questions
1. How does the home’s size compare to others in Winnipeg?
At 1,063 sqft, the living area is slightly below the city-wide average but is fairly typical for the Fort Richmond neighborhood and Townsend Avenue specifically. The layout of a bi-level can often make efficient use of the square footage.
2. What is the significance of the lot size?
The land area of 6,759 sqft is a standout feature, ranking above average both on its street and across Winnipeg. This means more yard space, potential for landscaping, and greater distance from neighbors compared to many city properties.
3. What does the assessed value tell me?
The assessed value of $40,600 is a municipal valuation for tax purposes. It is consistently around the average for the local area, and the 2024 sale price was very close to this figure, suggesting the home is priced in line with market expectations.
4. Is the age of the home (1964) a concern?
Built in 1964, the home is older than many in Fort Richmond. While this means maintenance items like the roof, windows, and major systems should be carefully inspected, the data shows the home is in good company on its street, where the average build year is the same.
5. What is the neighbourhood like?
Fort Richmond is a mature, established neighbourhood near the University of Manitoba. It offers a mix of student renters and long-term residents, with good access to amenities, parks, and major routes. The listing of several nearby properties on the same street suggests a stable, residential setting.
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