79 Tulane Bay

Fort Richmond, Winnipeg

Property score

61.4

Fair

Overall 61.4 · Smaller and older than most nearby homes

1,096 sqft (bottom 24%) · Built in 1967 (5 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

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

61.4 is composed by the two sections below.

Property Score

57.6Fair
Living Area52
1,096 sqftFair
Year Built52
1967Fair
Lot Size81
6,157 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

67.2Good
Household Income68
Good
Education Level91
Excellent
Housing Stress20
Low
Core Housing Need88
Excellent
Employment Health42
Low

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: #46111020

Community deep dive

$67K

Median household income

$76K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.9

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

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

Rankings

Living Area

around average
1,096 sqft
0255075100
Same streetBottom 37%Same areaBottom 24%CitywideBottom 39%
Same street · Tulane Bay
#22 / 35
Bottom 37% · Avg 1,196 sqft
Same area · Fort Richmond
#1,992 / 2,629
Bottom 24% · Avg 1,421 sqft
Citywide · Winnipeg
#118,188 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
380k
0255075100
Same streetBottom 34%Same areaBottom 22%CitywideTop 44%
Same street · Tulane Bay
#23 / 35
Bottom 34% · Avg 400.9k
Same area · Fort Richmond
#2,060 / 2,629
Bottom 22% · Avg 435.7k
Citywide · Winnipeg
#85,357 / 194,458
Top 44% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 11%Same areaBottom 29%CitywideBottom 49%

Lot Size

above average
6,157 sqft
0255075100
Same streetBottom 40%Same areaBottom 22%CitywideTop 28%

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 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 379 m).

Search radius
🌳Parks1

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 3/2024CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 39%

City-wide

Top 33%

Related homes

Highlights & common questions: 79 Tulane Bay, Winnipeg

Property Overview

This well-situated one-storey home in Fort Richmond offers a practical layout on a generous lot. Its key appeal lies in the balance of established neighbourhood character, recent updates, and a manageable footprint. The home sits on a large 6,157 sqft lot, which is notably above average for the street and neighbourhood, providing ample outdoor space and potential. A recently renovated basement adds valuable finished living area. Built in 1967, the house is newer than most on its street and in the wider area, which can be advantageous for core systems. The sale price in March 2024 was closely aligned with the assessed value, suggesting a stable and realistic market valuation.

This property would suit first-time buyers or downsizers looking for a single-level living arrangement in a mature, convenient area. It’s also a sensible choice for a pragmatic investor or a buyer who values a larger yard over a larger house, seeing the land as a key asset. The renovated basement adds flexibility for a home office, family space, or potential rental income.


Frequently Asked Questions

Is the lot size a significant advantage?
Yes. At over 6,150 sqft, the lot is substantially larger than many in the area. This not only provides more private outdoor space but also represents a long-term value that is increasingly rare in established neighbourhoods.

How does the recent sale price compare to the neighbourhood?
The home sold for $400,000, which places it almost exactly in the middle (50th percentile) for the Fort Richmond neighbourhood, indicating it is a typical price point for the area and not an outlier.

What does "newer than most" for a 1967 home mean?
While 1967 is not new, the data shows this home is newer than approximately 77% of homes in Fort Richmond and 89% of homes on its own street. This suggests the immediate area is very mature, and this property may have slight advantages in things like original construction materials or layout trends.

Is the living space suitable for a growing family?
At 1,096 sqft on the main floor (plus the renovated basement), the living area is modest. It is below the neighbourhood average. It would suit a small family comfortably, but a larger family should prioritize viewing to assess the layout and the space provided by the basement renovation.

How does the assessed value relate to the sale price?
The sale price ($400k) came in slightly above the assessed value ($380k), which is a common occurrence in an active market. This close alignment generally indicates the sale was in line with municipal valuation metrics and recent area sales.