75 Wadham Bay

Fort Richmond, Winnipeg

Property score

76.5

Good

Overall 76.5 · Compared with neighbourhood average

1,317 sqft (top 45%) · Built in 1971 (1 yr older than avg)

Located in a high-income area with median household income of ~94k

Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 park, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 48%Chinese · 10%

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

76.5 is composed by the two sections below.

Property Score

71.7Good
Living Area1,317 sqft71Good
Year Built197158Fair
Lot Size7,635 sqft91Excellent
Neighbourhood Sales Activity78Good

Community Score

83.7Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress93Excellent
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: #46111016

Community deep dive

$94K

Median household income

$114K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)577
Labour force participation rate55%
Median age42.4
Avg household size3.0
Unemployment rate9%
Population density3394 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households15%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority55%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

around average
1,317 sqft
0255075100
Same streetTop 31%Same areaTop 45%CitywideTop 41%
Same street · Wadham Bay
#12 / 39
Top 31% · Avg 1,227 sqft
Same area · Fort Richmond
#1,188 / 2,629
Top 45% · Avg 1,421 sqft
Citywide · Winnipeg
#78,902 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
421k
0255075100
Same streetTop 36%Same areaTop 45%CitywideTop 34%
Same street · Wadham Bay
#14 / 39
Top 36% · Avg 408.1k
Same area · Fort Richmond
#1,191 / 2,629
Top 45% · Avg 435.7k
Citywide · Winnipeg
#65,393 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 21%Same areaTop 48%CitywideTop 47%

Lot Size

above average
7,635 sqft
0255075100
Same streetTop 15%Same areaTop 20%CitywideTop 13%

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 Wadham Bay — 4 amenities found within 500 m, across 3 categories, including 2 education (nearest 418 m), 1 parks (nearest 463 m).

Search radius
🏫Education2
🌳Parks1
💪Sports1

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 5/2024CA$400k–450k
Sold price

Same street

Top 20%

Same area

Top 23%

City-wide

Top 25%

Related homes

Highlights & common questions: 75 Wadham Bay, Winnipeg

Property Overview

This single-storey home at 75 Wadham Bay in Fort Richmond is a well-situated property that offers solid value within its established neighbourhood. Built in 1971, the 1,317 sqft house sits on a notably generous 7,635 sqft lot, which is larger than most comparable properties in the area, city, and on its own street. The home features a renovated basement and no garage. Its assessed value and living space are consistently around the average mark for its local context, indicating it is a typical, mid-range property for the Fort Richmond community. Its appeal lies in this balance—a home that doesn’t stand out for being exceptionally large or new, but offers a reliable footprint and, most notably, a larger-than-average yard in a convenient location.

Key Characteristics & Ideal Buyer

The key characteristic of this property is its land. The lot size ranks in the top 15-20% across all comparison levels, providing significant outdoor space that is increasingly rare. This makes the home particularly suited to buyers who prioritize yard space for gardening, recreation, or future expansion over having a larger interior or a garage. The renovated basement adds functional living space, appealing to those needing a family room, home office, or separate living area.

Its appeal is grounded in practicality and potential. It suits first-time buyers or downsizers looking for a manageable single-storey layout in a mature neighbourhood. It would also attract value-conscious buyers who see the large lot as a long-term asset, whether for personal enjoyment or as a key equity driver in an area where land is a premium. The home’s metrics suggest it’s not a luxury property, but a stable and sensible one where the land truly leads the value proposition.

Frequently Asked Questions

1. What is the exact recent sold price?
The public data shows a sold price range. For the precise figure, you can request it via email from the listing source; they provide this detail manually at no cost.

2. How does the lack of a garage impact the property?
The home has no garage, which is a consideration for vehicle storage and workshop space. However, the large lot may offer room for adding a parking pad or future structure, subject to local bylaws and permits.

3. Is the larger lot size a common feature in this area?
No, it is not common. The data shows this lot is larger than approximately 80-87% of comparable properties in Fort Richmond, making it a standout feature for this home.

4. What does "around average" for living space and assessed value mean for me?
It indicates the home is typical for the neighbourhood, not over- or under-sized for its market. This can be positive for resale, as it aligns with buyer expectations for the area, and suggests the price should be competitive within the local market.

5. The home was built in 1971. What should I consider?
While the building is from the early 1970s, the renovated basement is a positive update. A standard home inspection is especially recommended to review the condition of major aging components like the roof, windows, plumbing, and electrical systems, which may be due for updates or replacement.

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