78 Temple Bay

Fort Richmond, Winnipeg

Property score

73.6

Good

Overall 73.6 · Older than most nearby homes

1,319 sqft (top 45%) · Built in 1966 (6 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

73.6 is composed by the two sections below.

Property Score

69.6Good
Living Area1,319 sqft71Good
Year Built196652Fair
Lot Size6,706 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$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

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,319 sqft
0255075100
Same streetTop 38%Same areaTop 45%CitywideTop 40%
Same street · Temple Bay
#13 / 34
Top 38% · Avg 1,265 sqft
Same area · Fort Richmond
#1,185 / 2,629
Top 45% · Avg 1,421 sqft
Citywide · Winnipeg
#78,712 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetTop 32%Same areaBottom 45%CitywideTop 36%
Same street · Temple Bay
#11 / 34
Top 32% · Avg 395.1k
Same area · Fort Richmond
#1,456 / 2,629
Bottom 45% · Avg 435.7k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 21%Same areaBottom 24%CitywideBottom 48%

Lot Size

above average
6,706 sqft
0255075100
Same streetTop 29%Same areaTop 49%CitywideTop 20%

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 Temple Bay — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 484 m).

Search radius
🌳Parks1
Worship2

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 11/2021CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Bottom 41%

City-wide

Top 42%
Sold 10/2019CA$300k–350k
Sold price

Same street

Bottom 7%

Same area

Bottom 17%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 78 Temple Bay, Winnipeg

Property Overview: 78 Temple Bay, Fort Richmond

Section 1: Key Characteristics & Appeal

This well-situated Fort Richmond home is a classic one-storey bungalow built in 1966, offering a practical and comfortable layout with 1,319 sqft of living space. Its key updated feature is a renovated basement, adding valuable finished space. The property stands on a generous 6,706 sqft lot, which is notably larger than the city-wide average, providing ample outdoor room. A detached garage completes the package.

The appeal here is grounded in solid value and space. The home’s metrics—its living area, assessed value, and lot size—consistently rank around or above average for its immediate street, neighbourhood, and the wider city, suggesting it’s a proportionate offering in the market. The renovated basement is a significant functional upgrade, immediately expanding usable living area without the need for a major project. The large lot is a standout asset, offering potential for gardening, recreation, or future expansion.

This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood. It’s also a sensible fit for a value-oriented buyer who appreciates having one major renovation (the basement) already completed and sees potential in the substantial lot size.


Section 2: Frequently Asked Questions

1. How does this home’s value compare to others in the area?
Based on assessed value and recent sold price history, this home consistently performs around the neighbourhood average. Its value proposition lies more in its above-average lot size and the fact the basement is already renovated, rather than in being priced significantly below market.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or agent to understand the quality of the renovation and whether it includes legal secondary egress, a bathroom, or a proper kitchenette.

3. Is the large lot a benefit for future expansion?
Potentially, yes. The lot size is in the top 20% city-wide, which is uncommon for bungalows in mature areas. This could provide room for an addition, a large garage/workshop, or simply more private outdoor space than typical properties. Local zoning bylaws would need to be verified.

4. The home was built in 1966. What should I be aware of?
While the systems and structure may have been updated over time, a home of this age may still have original components like plumbing, electrical, or the roof nearing the end of their lifespan. A thorough inspection is essential to understand the condition and timing of any potential updates.

5. How stable have property values been on this street?
Sold price data for the home itself shows it sold in 2019 and again in 2021. The price increase between those sales was modest, suggesting steady, conservative growth rather than volatile swings, which can be attractive for long-term stability.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.