85 Greyfriars Road

Fort Richmond, Winnipeg

Property score

55.1

Fair

Overall 55.1 · Smaller than most nearby homes

864 sqft (bottom 6%) · Built in 1971 (1 yr older than avg)

Located in a average-income area with median household income of ~58k

Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, and 1 park nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 42%Chinese · 14%

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

55.1 is composed by the two sections below.

Property Score

47.4Low
Living Area864 sqft32Low
Year Built197158Fair
Lot Size6,580 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
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: #46110945

Community deep dive

$58K

Median household income

$68K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.8

P90 / P10 ratio

22%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

below average
864 sqft
0255075100
Same streetBottom 16%Same areaBottom 6%CitywideBottom 14%
Same street · Greyfriars Road
#32 / 38
Bottom 16% · Avg 1,156 sqft
Same area · Fort Richmond
#2,476 / 2,629
Bottom 6% · Avg 1,421 sqft
Citywide · Winnipeg
#167,924 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 11%Same areaBottom 10%CitywideBottom 49%
Same street · Greyfriars Road
#34 / 38
Bottom 11% · Avg 391.1k
Same area · Fort Richmond
#2,371 / 2,629
Bottom 10% · Avg 435.7k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

Elite
1971
0255075100
Same streetTop 3%Same areaTop 48%CitywideTop 47%

Lot Size

above average
6,580 sqft
0255075100
Same streetBottom 13%Same areaBottom 41%CitywideTop 21%

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

85 Greyfriars Road — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 342 m), 1 parks (nearest 388 m).

Search radius
🏫Education2
🌳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 8/2019CA$300k–350k
Sold price

Same street

Bottom 4%

Same area

Bottom 11%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 85 Greyfriars Road, Winnipeg

Property Summary: 85 Greyfriars Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This 864 sqft bi-level home at 85 Greyfriars Road is a compact, no-frills property that presents a clear value proposition. Built in 1971, it is notably one of the newer homes on its street. Its key characteristics include a renovated basement, no garage, and a modest but functional 6,580 sqft lot. The home's assessed value is relatively low, especially within its immediate neighbourhood and the broader Fort Richmond area, suggesting a potentially accessible entry point into the market.

The primary appeal lies in its affordability and efficiency. It suits first-time buyers, investors, or downsizers seeking a lower-maintenance footprint without a major renovation project. The renovated basement adds valuable finished living space. A thoughtful perspective is that while the living space is below average for the area, the lot size is actually above average city-wide, offering good outdoor potential for its scale. This property is for a pragmatic buyer who prioritizes financial accessibility and a solid foundation in a well-established neighbourhood over size and premium finishes.

Section 2: Frequently Asked Questions

1. Is this a small house?
Yes. At 864 sqft of living area, it is notably smaller than most homes in Fort Richmond and on Greyfriars Road itself. The efficient bi-level layout and renovated basement help maximize the usable space.

2. Why is the assessed value so much lower than the city-wide average home value shown?
The city-wide "average" of $390k cited is for all comparable homes across Winnipeg, which includes many newer, larger properties. The more relevant comparison is the local Fort Richmond average of about $43.6k for similar homes, against which this property is assessed at $35.8k.

3. What does "Top 3% for Year Built on Greyfriars Road" mean?
It means this home, built in 1971, is among the newest 3% of houses on its own street. This suggests the surrounding houses are predominantly older, which can be an advantage for systems and structure.

4. Is the lot a good size?
The lot is below average for the street but is actually larger than the typical Winnipeg lot when compared city-wide. It provides a decent outdoor space for a home of this size.

5. Where can I find the exact historical sale price?
The listing service provides an estimated sale price range from 2019. To obtain the precise sale price, you must request it directly from them via email, as they manually provide this data to verified users.

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