Property score
71.0
Good
Overall 71.0 · Newer than most nearby homes
1,408 sqft (top 40%) · Built in 1977 (5 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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71.0 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: #46110966
$74K
Median household income
$91K
Average household income
29%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.9
P90 / P10 ratio
11%
Single-person households
25%
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
78 Thornhill Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 306 m), 1 parks (nearest 263 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 19% | Bottom 28% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 78 Thornhill Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond presents a practical and comfortable living proposition. Built in 1977, it is notably newer than most homes on its street and in the wider area, which can be a significant advantage for maintenance and systems. With 1,408 sqft of living space and a renovated basement, it offers functional room for a small family or couple. The detached garage provides flexible storage or workshop space.
The primary appeal lies in its balanced, middle-of-the-road metrics. It isn't an outlier in size or value, but sits reliably around area averages, suggesting a stable investment in a well-established neighbourhood. The lot, while slightly below average in size for Fort Richmond, is still generous by city-wide standards. This property would suit first-time homebuyers, downsizers, or pragmatic investors looking for a turnkey home in a mature community without extreme peaks or valleys in its profile. Its relative newness for the area is a subtle but valuable asset for those wary of the upkeep common in older Winnipeg homes.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is around average for both Thornhill Bay street and the broader Fort Richmond area, indicating it is priced consistently within its immediate market.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing or inquiry with the seller is necessary to determine the finish quality, layout, and whether it includes a legal suite or additional living space.
3. Is the lot size a disadvantage?
At just under 6,000 sqft, the lot is smaller than many in Fort Richmond but is close to the Winnipeg average. It offers ample yard space for gardening or recreation while potentially requiring less maintenance than larger plots.
4. How current are the sold price figures shown?
The last recorded sale was in August 2020. The provided price range is an estimate based on public data. For the exact historical sale price, you must request the information directly via the provided email service.
5. What are the implications of the home being newer than others on the street?
A 1977 build date means major components like plumbing, electrical, and the foundation may be in better condition than those in older, wartime-era homes common in Winnipeg. This can translate to lower immediate repair costs and potentially higher energy efficiency.
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