79 Kings Drive

Fort Richmond, Winnipeg

Property score

80.0

Excellent

Overall 80.0 · Larger but older than most nearby homes

2,371 sqft (top 4%) · Built in 1934 (38 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Above average

67% larger than neighborhood avg.

Year Built

Below average

38 yrs older than neighborhood avg.

Mother tongue

English · 65%Chinese · 12%

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

80.0 is composed by the two sections below.

Property Score

79.8Good
Living Area2,371 sqft96Excellent
Year Built193422Low
Lot Size8,262 sqft93Excellent
Neighbourhood Sales Activity78Good

Community Score

80.2Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need100Excellent
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: #46111011

Community deep dive

$97K

Median household income

$122K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

21%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate59%
Median age38.8
Avg household size2.7
Unemployment rate8%
Population density2304 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households21%
Couple families with children18%
Median household income (2020)$97K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority32%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 11%

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

Rankings

Living Area

Elite
2,371 sqft
0255075100
Same streetTop 29%Same areaTop 4%CitywideTop 4%
Same street · Kings Drive
#10 / 35
Top 29% · Avg 2,053 sqft
Same area · Fort Richmond
#115 / 2,629
Top 4% · Avg 1,421 sqft
Citywide · Winnipeg
#7,840 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetBottom 9%Same areaBottom 17%CitywideTop 46%
Same street · Kings Drive
#32 / 35
Bottom 9% · Avg 564.5k
Same area · Fort Richmond
#2,184 / 2,629
Bottom 17% · Avg 435.7k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

below average
1934
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 18%

Lot Size

above average
8,262 sqft
0255075100
Same streetBottom 9%Same areaTop 14%CitywideTop 10%

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

79 Kings Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 414 m).

Search radius
🏫Education1
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 9/2019CA$250k–300k
Sold price

Same street

Bottom 7%

Same area

Bottom 6%

City-wide

Bottom 34%
Sold 2/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 2%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 79 Kings Drive, Winnipeg

Property Overview: 79 Kings Drive, Fort Richmond, Winnipeg

Key Characteristics & Buyer Profile

This two-storey home in Fort Richmond presents a distinct profile defined by its spacious interior and generous lot, contrasted with its age and below-average assessed value. With 2,371 sqft of living space, the home is notably larger than most in Winnipeg, ranking in the top 4% city-wide. It sits on an 8,262 sqft lot, which is well above average for both the city and the Fort Richmond area. Its primary appeal lies in this combination of ample indoor and outdoor space, offering room to grow or renovate.

However, the home is the oldest on its street, built in 1934, and features an unrenovated basement. Its assessed value is significantly lower than neighbouring homes on Kings Drive, suggesting it may be a candidate for modernization. This property would best suit a practical buyer looking for space over immediate luxury—perhaps a family seeking a large yard, a renovator with a vision for an older character home, or an investor considering the value potential in the land and square footage relative to its current price point. It’s a home that trades modern finishes for foundational space.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on the same street?
The assessed value is likely lower due to the home’s age (it’s the oldest on the street), the unrenovated condition of the basement, and potentially other deferred updates. This reflects its current state rather than its potential value after improvements.

2. How does the lot size compare to typical Winnipeg properties?
The lot is 8,262 sqft, which is substantial. It ranks in the top 10% city-wide and is above average for the Fort Richmond area, offering more outdoor space than most urban lots.

3. What should I consider about a home built in 1934?
While offering character and solid construction, key considerations include the condition of major aging systems (like plumbing, electrical, and the foundation), insulation, and the need for updates to meet modern efficiency and safety standards. An inspection is essential.

4. The home sold in 2016 and 2019. What does that recent activity suggest?
The two sales within a few years could indicate previous investor activity, a flip, or simply changing circumstances for the owners. It’s worth investigating what, if any, work was done during those periods of ownership.

5. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is unfinished or in a basic, utilitarian state. This presents a blank canvas for future development but will not currently provide polished living space.

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