82 Tulane Bay

Fort Richmond, Winnipeg

65.1

Good

Overall 65.1

Smaller and older than most nearby homes

1,040 sqft (bottom 17%)

Built in 1965 (7 yrs older than avg)

Located in a above-average income area

with median household income of ~85k

Transit 70.0

7-min walk to transit with 3 nearby routes

Within 500m: 1 park nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

65.1 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,040 sqft52Fair
Year Built196546Low
Lot Size5,716 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 17%Same areaBottom 17%CitywideBottom 32%
Same street · Tulane Bay
#29 / 35
Bottom 17% · Avg 1,196 sqft
Same area · Fort Richmond
#2,180 / 2,629
Bottom 17% · Avg 1,421 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetTop 43%Same areaBottom 42%CitywideTop 37%
Same street · Tulane Bay
#15 / 35
Top 43% · Avg 400.9k
Same area · Fort Richmond
#1,527 / 2,629
Bottom 42% · Avg 435.7k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

around average
5,716 sqft
0255075100
Same streetBottom 26%Same areaBottom 13%CitywideTop 39%

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

82 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 388 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 12/2024CA$400k–450k
Sold price

Same street

Top 24%

Same area

Top 27%

City-wide

Top 27%
Sold 2/2022CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 30%

City-wide

Top 30%
Sold 1/2022CA$300k–350k
Sold price

Same street

Bottom 24%

Same area

Bottom 25%

City-wide

Top 49%
Sold 6/2016CA$300k–350k
Sold price

Same street

Bottom 10%

Same area

Bottom 20%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 82 Tulane Bay, Winnipeg

Property Overview: 82 Tulane Bay, Fort Richmond, Winnipeg

Key Characteristics & Buyer Appeal

This one-storey home in Fort Richmond is a practical, no-frills property built in 1965. Its key appeal lies in its straightforward, renovated basement and a manageable 1,040 sqft of living space on a 5,716 sqft lot. The home presents a grounded value proposition: while its living space and lot size are below the averages for its immediate street and neighbourhood, its assessed value is consistently around the average for the area. This suggests it is priced appropriately within its market context, without the premium often attached to larger properties. The detached garage adds functional utility.

The home would suit first-time buyers, downsizers, or investors seeking an entry point into the established Fort Richmond neighbourhood without a major renovation project. Its recent sale history indicates stable value, and the renovated basement offers immediate usable space. A thoughtful perspective for a buyer is that a home with "below average" square footage on its street can represent an opportunity for efficient living with lower heating and maintenance costs, while still providing access to the community's amenities and stability.


Frequently Asked Questions

1. Is the price fair for the size?
Based on the data, the assessed and recent sold prices are consistently around the average for Fort Richmond, even though the living area is below average. This indicates the market has priced the home with its overall characteristics—including its renovated basement and lot—in mind.

2. What does "renovated basement" mean here?
The listing confirms the basement is renovated, but the scope and quality of the renovation are not detailed. A prospective buyer should clarify what work was done, when, and if appropriate permits were obtained.

3. How does the lot size affect potential future plans?
At 5,716 sqft, the lot is smaller than many in Fort Richmond. This may limit options for large additions, pools, or extensive outdoor structures, but it also means less yard maintenance.

4. The home has sold several times recently. Is that a concern?
The property has changed hands a few times since 2016. This isn't inherently negative but warrants asking about the reasons for sale to understand if there are transient factors or simply a property that appeals to investors or short-term owners.

5. How does the detached garage impact winter usability?
A detached garage is common for homes of this era. While it provides secure storage and parking, it requires going outside in winter weather, a consideration for some buyers compared to an attached garage.

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