79 Purdue Bay

Fort Richmond, Winnipeg

Property score

71.0

Good

Overall 71.0 · Smaller than most nearby homes

1,160 sqft (bottom 30%) · Built in 1968 (4 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Below average

18% smaller than neighborhood avg.

Taon ng Paggawa

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 61%Chinese · 13%

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

71.0 is composed by the two sections below.

Property Score

61.4Fair
Living Area1,160 sqft60Fair
Taon ng Paggawa196852Fair
Lupa5,968 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

85.3Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Istatistika ng benta ng komunidad

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (Detached na bahay (hindi 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: #46111014

Community deep dive

$98K

Median household income

$110K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

25%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)605
Labour force participation rate64%
Median age40.8
Avg household size2.7
Unemployment rate7%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children27%
Median household income (2020)$98K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Chinese · 13%

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

Mga ranggo

Living Area

karaniwan
1,160 sqft
0255075100
Same streetBottom 17%Same areaBottom 30%CitywideBottom 46%
Same street · Purdue Bay
#35 / 42
Bottom 17% · Avg 1,370 sqft
Same area · Fort Richmond
#1,831 / 2,629
Bottom 30% · Avg 1,421 sqft
Citywide · Winnipeg
#104,675 / 194,458
Bottom 46% · Avg 1,342 sqft

Assessed Value

karaniwan
366k
0255075100
Same streetBottom 5%Same areaBottom 13%CitywideTop 48%
Same street · Purdue Bay
#40 / 42
Bottom 5% · Avg 404.7k
Same area · Fort Richmond
#2,285 / 2,629
Bottom 13% · Avg 435.7k
Citywide · Winnipeg
#93,885 / 194,458
Top 48% · Avg 390.1k

Taon ng Paggawa

karaniwan
1968
0255075100
Same streetTop 38%Same areaBottom 33%CitywideTop 50%

Lupa

karaniwan
5,968 sqft
0255075100
Same streetTop 38%Same areaBottom 18%CitywideTop 34%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

79 Purdue Bay — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 287 m), 2 parks (nearest 347 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1
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%

Kasaysayan ng Benta

Naibenta 12/2017CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 6%

Parehong lugar

Bottom 10%

Buong lungsod

Bottom 42%

Related homes

Mga tampok at karaniwang tanong: 79 Purdue Bay, Winnipeg

Property Overview: 79 Purdue Bay, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1968, situated on a standard-sized lot in the established Fort Richmond neighbourhood. With 1,160 sqft of living space, it is notably smaller than most homes on its own street and in the immediate area, but aligns more closely with average city-wide sizes. A key updated feature is its renovated basement, adding valuable finished space. The home does not have a garage or pool.

Its primary appeal lies in its value proposition and low property tax base. The assessed value is significantly below average for both the street and Fort Richmond, suggesting a potentially lower entry price and certainly lower annual property taxes compared to neighbours—a tangible, long-term financial benefit. This setup is ideal for first-time buyers, downsizers, or practical investors seeking an affordable foothold in a mature neighbourhood. The renovated basement adds immediate utility without the need for a major project. A thoughtful perspective for the right buyer is viewing the smaller main footprint not as a limitation, but as a catalyst for efficient living and lower utility costs, with the basement providing flexible space for hobbies, guests, or storage.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
While the exact municipal assessment formula is complex, the primary driver is likely the home's smaller living area relative to others on the street and in Fort Richmond. A below-average assessed value typically results in lower property taxes.

2. What does "renovated basement" imply?
It indicates the below-ground space has been finished for living use, but the specifics (materials, permits, ceiling height, moisture control) are not detailed. This should be verified during a viewing and inspection.

3. Is the lack of a garage a significant drawback?
This depends on the buyer's needs. Many homes in older neighbourhoods lack garages. The lot provides space for driveway parking. For some, this is a trade-off for the area's affordability; for others, it may be a dealbreaker.

4. How does the sold price history help determine current value?
The home last sold between $29.5k-$32.5k in late 2017. This historical data provides a benchmark, but current market conditions, interest rates, and the state of the renovation have a greater impact on today's value.

5. The home ranks "below average" for size and value on its street. Is this a concern?
Not inherently. This statistical context is useful for comparison but doesn't speak to the home's condition or livability. For the target buyer, these rankings highlight the home's position as a more affordable option on a street of presumably larger, higher-value properties.

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