65.1
Good
Property score
65.1
Good
Overall 65.1
Smaller and older than most nearby homes
1,012 sqft (bottom 14%)
Built in 1965 (7 yrs older than avg)
Located in a above-average income area
with median household income of ~85k
Transit 70.0
7-min walk to transit with 3 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
7 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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65.1 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
74 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 418 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 38% | Bottom 43% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 74 Tulane Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical, no-frills property built in 1965. With 1,012 sqft of living space, it is notably compact compared to most homes on its street and in the wider area, placing it in the top 91% and 86% for size—meaning it is smaller than the vast majority of its peers. This efficient footprint is paired with a renovated basement, adding functional space, and sits on a roughly 5,800 sqft lot that is fairly typical for the city. The detached garage offers additional storage or parking.
The primary appeal lies in its value and manageability. Its assessed value is modest and around average for the immediate street, suggesting a potentially accessible entry point into the Fort Richmond neighbourhood. This isn't a sprawling show home; its appeal is grounded in practicality. It would suit a first-time buyer, a downsizer looking for single-level living without a large property to maintain, or an investor seeking a straightforward rental property. The renovated basement adds flexibility, potentially serving as a separate suite or family space. A thoughtful perspective: its smaller size and efficient lot could mean lower utility costs and less time spent on upkeep, offering a lifestyle of simplicity in a well-established area.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others in the area?
Yes. The living area is 1,012 sqft, which is below average for Tulane Bay, Fort Richmond, and Winnipeg overall. This indicates a more compact, efficient home.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope of work, permits, and the current layout (e.g., whether it's a rec room, bedroom, or has a separate entrance).
3. How does the property's value compare?
The assessed value is around average for the immediate street but below average for the broader Fort Richmond area. This can sometimes indicate a more competitively priced home within a desirable neighbourhood.
4. What is the typical lot size here, and how does this one compare?
The lot is 5,826 sqft. It's slightly below average for Fort Richmond but around the typical city-wide size. It provides decent outdoor space without being overly large to maintain.
5. Are there recent sales data for this home?
Yes, it sold in March 2024. The exact sale price is not publicly listed, but the provided range and assessment data offer a strong benchmark for current value.
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