Property score
54.0
Fair
Overall 54.0 · Smaller than most nearby homes
856 sqft (bottom 5%) · Built in 1969 (3 yrs older than avg)
Located in a average-income area with median household income of ~58k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
3 yrs older 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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54.0 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: #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
74 Loyola Bay — 17 amenities found within 500 m, across 8 categories, including 6 dining (nearest 475 m), 2 education (nearest 281 m), 1 healthcare (nearest 498 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 5% | Bottom 4% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 856 sqft, one-storey home at 74 Loyola Bay in Fort Richmond presents a straightforward and affordable entry point into the Winnipeg market. Built in 1969, it sits on a generous 6,487 sqft lot. Key features include a renovated basement, though the home has no garage or pool. The data indicates its living space is modest but typical for its immediate street, while its assessed value is notably below average for the neighbourhood, suggesting a potentially lower property tax burden. Its appeal lies in its simplicity, larger-than-city-average lot size, and its position as a value-oriented option in a well-established area.
Who It's For:
This property would suit first-time buyers, downsizers, or investors seeking a low-maintenance footprint with renovation potential. It’s a practical choice for those prioritizing lot size over interior square footage and who are comfortable with a home that may require updates. Its below-average assessment for Fort Richmond makes it particularly interesting for cost-conscious buyers focused on fundamentals rather than premium finishes.
Frequently Asked Questions
1. Is this a small house?
Yes, at 856 sqft of living area, it is compact. It is slightly below the average size for both the Fort Richmond neighbourhood and the city overall, but is quite typical for other homes on Loyola Bay itself.
2. Why is the assessed value so much lower than the city average?
The home’s assessed value is significantly below the average for Fort Richmond. This can be due to factors like the home’s size, age, and specific market conditions in that micro-area. A lower assessment often translates to lower property taxes, which is a key financial consideration.
3. What does having a "renovated basement" mean?
The listing confirms the basement is renovated, but the scope and quality are unspecified. It’s an important feature that adds functional space, but buyers should verify the work done, check for permits, and assess the finish level during a viewing.
4. What are the implications of having no garage?
This means all parking will be on the driveway or street. For a one-storey home, the lack of a garage also removes a traditional storage or utility space, so planning for storage solutions will be necessary.
5. The lot seems large for the home. Is that an advantage?
Yes. The lot size is above the city-wide average, which is a less obvious but significant asset. It provides ample outdoor space, potential for gardening, expansion, or future additions, and generally offers more privacy than a tightly packed lot.
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