75 Cornell Drive

Fort Richmond, Winnipeg

Property score

82.9

Excellent

Overall 82.9 · Larger than most nearby homes

1,703 sqft (top 22%) · Built in 1972

Located in a high-income area with median household income of ~113k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

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

82.9 is composed by the two sections below.

Property Score

80.3Excellent
Living Area1,703 sqft86Excellent
Year Built197258Fair
Lot Size7,041 sqft88Excellent
Neighbourhood Sales Activity78Good

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

Elite
1,703 sqft
0255075100
Same streetTop 4%Same areaTop 22%CitywideTop 21%
Same street · Cornell Drive
#1 / 28
Top 4% · Avg 1,383 sqft
Same area · Fort Richmond
#581 / 2,629
Top 22% · Avg 1,421 sqft
Citywide · Winnipeg
#40,494 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
486k
0255075100
Same streetTop 7%Same areaTop 16%CitywideTop 22%
Same street · Cornell Drive
#2 / 28
Top 7% · Avg 417.3k
Same area · Fort Richmond
#410 / 2,629
Top 16% · Avg 435.7k
Citywide · Winnipeg
#42,982 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
1972
0255075100
Same streetTop 4%Same areaTop 41%CitywideTop 45%

Lot Size

above average
7,041 sqft
0255075100
Same streetTop 14%Same areaTop 34%CitywideTop 17%

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

75 Cornell Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 213 m).

Search radius
🌳Parks3

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 2/2022CA$450k–500k
Sold price

Same street

Top 21%

Same area

Top 14%

City-wide

Top 21%
Sold 2/2016CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 45%

City-wide

Top 41%

Related homes

Highlights & common questions: 75 Cornell Drive, Winnipeg

Property Overview: 75 Cornell Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Fort Richmond home is a standout property on its street, offering above-average space and value. Its key characteristics include a generous 1,703 sqft of living area—ranking in the top 4% on Cornell Drive—and a renovated basement, all on a sizable 7,041 sqft lot. Built in 1972, it is one of the newer homes in its immediate vicinity. The attached garage adds practical convenience.

The appeal lies in its established, quiet neighbourhood and its strong positional metrics. The home consistently ranks above average for living area, land size, and assessed value when compared to its street, neighbourhood, and the wider city. This suggests a property that has been maintained well and offers more substance than many comparable listings. The renovated basement immediately adds functional living space without the need for a major project.

This home would best suit practical buyers looking for a move-in-ready, spacious bungalow with room to grow. It’s ideal for small families seeking stability, downsizers who want single-level living without sacrificing space, or value-focused investors attracted by its above-average fundamentals and proven history of value appreciation.


Section 2: Frequently Asked Questions

1. How has the property’s value changed over time?
Based on available sales data, the home sold for between $35.5k-$38.5k in early 2016 and again for between $44.5k-$47.5k in early 2022, indicating a period of solid value growth.

2. How does it compare to other homes nearby?
It ranks exceptionally well on its own street. For living area and year built, it holds the #1 position out of 28 homes on Cornell Drive. It also maintains above-average rankings for size and value within the broader Fort Richmond area and citywide.

3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and functionality of the space.

4. Is the lot size a significant advantage?
Yes. At over 7,000 sqft, the lot is larger than most on its street and in the city overall. This provides valuable outdoor space, potential for gardening or recreation, and a greater sense of privacy.

5. What are the less obvious considerations?
While the home is newer than its direct neighbours, it is still over 50 years old. A thorough inspection of core systems (roof, plumbing, electrical) is advisable. Additionally, its strong rankings mean it may command a premium compared to nearby properties with similar bedroom counts but less square footage or smaller lots.

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