Property score
90.3
Excellent
Overall 90.3 · Larger and newer than most nearby homes
1,958 sqft (top 11%) · Built in 1992 (20 yrs newer than avg)
Located in a high-income area with median household income of ~156k
Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
38% larger than neighborhood avg.
Year Built
Above average
20 yrs newer than neighborhood avg.
Mother tongue
English · 76%Chinese · 7%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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90.3 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: #46110940
$156K
Median household income
$276K
Average household income
9%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.0
P90 / P10 ratio
3%
Single-person households
32%
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
79 Michigan Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 481 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%
79 Michigan Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This well-situated one-storey home in Fort Richmond offers a practical layout with a recently renovated basement, an attached garage, and a notably large, mature lot of over 6,500 square feet. Its primary appeal lies in this combination of updated living space and significant outdoor potential. The home is newer than most in the immediate area, ranking in the top 11% on its street for year built, which suggests potentially fewer major age-related concerns compared to neighbours. With a living area just under 2,000 sqft, it provides ample room without being oversized.
The property would suit first-time buyers or downsizers looking for single-level living in a established neighbourhood, as well as value-conscious buyers who see potential in the generous lot size for future expansion, gardening, or outdoor living. A thoughtful perspective is its strong relative value; the assessed value ranks in the top 6% for all of Winnipeg, indicating a solid foundation of municipal valuation compared to the market. This isn't a flashy, fully modernized show home, but a grounded property with good fundamentals and room to personalize.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, room layout, and whether it includes a legal suite or additional bedroom(s) would need verification through a viewing or direct inquiry with the listing agent.
2. How does the lot size compare to others?
The 6,593 sqft lot is a key feature, ranking in the top 21% on Michigan Avenue for size. It is significantly larger than many standard city lots, offering more privacy and space for recreation or projects.
3. The home was built in 1992. Are there any major components due for replacement?
While newer than many comparable homes in Fort Richmond, a 34-year-old home will have aging components. The condition of the roof, major systems (furnace, water heater), and windows should be investigated as part of a standard inspection.
4. The assessed value seems low compared to likely sale price. Why is that?
Manitoba's assessed values for property tax purposes often lag behind current market values. This home's assessment ranks very high locally, which is a positive indicator of its underlying value relative to other properties, not a direct prediction of sale price.
5. What is the neighbourhood character like?
Located on Michigan Avenue, the property is in a mature, family-oriented area with a mix of original and updated homes. Its high ranking for "newness" within the neighbourhood suggests it may stand out as one of the more contemporary structures on the block.
