78 Loyola Bay

Fort Richmond, Winnipeg

Property score

57.6

Fair

Overall 57.6 · Smaller than most nearby homes

955 sqft (bottom 10%) · Built in 1969 (3 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 2 shops, and 1 park nearby

Living Area

Below average

33% 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)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

57.6 is composed by the two sections below.

Property Score

51.6Fair
Living Area955 sqft42Low
Year Built196952Fair
Lot Size6,377 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
Employment Health60Fair

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: #46110945

Community deep dive

$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

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

around average
955 sqft
0255075100
Same streetTop 47%Same areaBottom 10%CitywideBottom 22%
Same street · Loyola Bay
#15 / 32
Top 47% · Avg 978 sqft
Same area · Fort Richmond
#2,355 / 2,629
Bottom 10% · Avg 1,421 sqft
Citywide · Winnipeg
#152,288 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
401k
0255075100
Same streetTop 13%Same areaBottom 39%CitywideTop 38%
Same street · Loyola Bay
#4 / 32
Top 13% · Avg 372.8k
Same area · Fort Richmond
#1,608 / 2,629
Bottom 39% · Avg 435.7k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1969
0255075100
Same streetTop 19%Same areaBottom 39%CitywideTop 49%

Lot Size

above average
6,377 sqft
0255075100
Same streetBottom 31%Same areaBottom 31%CitywideTop 24%

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

78 Loyola Bay — 11 amenities found within 500 m, across 7 categories, including 3 dining (nearest 490 m), 2 education (nearest 272 m), 2 shopping (nearest 380 m).

Search radius
🍽️Dining3
🏫Education2
🛒Shopping2
🌳Parks1
💪Sports1
🏦Finance1
Worship1

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 7/2022CA$350k–400k
Sold price

Same street

Top 16%

Same area

Top 49%

City-wide

Top 38%
Sold 10/2020CA$300k–350k
Sold price

Same street

Bottom 47%

Same area

Bottom 15%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 78 Loyola Bay, Winnipeg

Property Overview: 78 Loyola Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond presents a practical opportunity. Built in 1969, its key appeal lies in its strong value proposition within its immediate neighbourhood. The home’s assessed value ranks in the top 13% on its own street, suggesting it is viewed favorably compared to its closest peers. While its 955 sqft living space is modest, particularly for the wider area, it sits right around the average for Loyola Bay itself. The lot size is a notable asset, ranking above average city-wide, offering good outdoor space. A renovated basement adds functional living area.

This property would suit a first-time buyer or a downsizer looking for a manageable, single-level layout in a mature neighbourhood. Its appeal is grounded in being a solid, average-sized home on a good lot for the street, with recent updates, rather than in sheer size or luxury. A thoughtful perspective is that it represents a "neighbourhood-anchored" buy: its metrics are strongest within its immediate context, making it a stable choice within that specific community.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
At 955 sqft, the living area is slightly below average for the broader Fort Richmond area and the city. However, it is very typical for Loyola Bay street itself, ranking near the middle of homes on the block.

2. What does the assessed value ranking indicate?
The assessment of $40,100 ranks highly (top 13%) among the 32 homes on Loyola Bay. This suggests the property’s official valuation is strong for the street, though it is more average when compared to all of Fort Richmond or Winnipeg.

3. Has the property value increased?
Based on available sold price ranges, the home sold for between $30.5k-$33.5k in 2020 and then for between $36.5k-$39.5k in 2022, indicating potential value growth in that period. Exact prices require a direct request.

4. What are the less obvious features to consider?
The 6,377 sqft lot is larger than the city-wide average for comparable homes, offering valuable outdoor space. The home’s age (57 years) is typical for the area, but buyers should factor in the maintenance common to houses of this era.

5. Who are the most likely neighbours?
The listing shows several other homes on Loyola Bay as nearby properties, indicating a stable, established streetscape with neighbours in similarly aged homes.

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