85 Tunis Bay

Fort Richmond, Winnipeg

Property score

84.3

Excellent

Overall 84.3 · Larger but older than most nearby homes

1,930 sqft (top 12%) · Built in 1966 (6 yrs older than avg)

Located in a high-income area with median household income of ~113k

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

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 64%Chinese · 6%

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

84.3 is composed by the two sections below.

Property Score

82.7Excellent
Living Area92
1,930 sqftExcellent
Year Built52
1966Fair
Lot Size88
7,036 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

86.7Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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: #46111013

Community deep dive

$113K

Median household income

$124K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

above average
1,930 sqft
0255075100
Same streetTop 26%Same areaTop 12%CitywideTop 13%
Same street · Tunis Bay
#10 / 39
Top 26% · Avg 1,650 sqft
Same area · Fort Richmond
#303 / 2,629
Top 12% · Avg 1,421 sqft
Citywide · Winnipeg
#24,478 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
442k
0255075100
Same streetTop 46%Same areaTop 33%CitywideTop 30%
Same street · Tunis Bay
#18 / 39
Top 46% · Avg 445.9k
Same area · Fort Richmond
#873 / 2,629
Top 33% · Avg 435.7k
Citywide · Winnipeg
#57,858 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 36%Same areaBottom 24%CitywideBottom 48%

Lot Size

above average
7,036 sqft
0255075100
Same streetTop 38%Same areaTop 35%CitywideTop 17%

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 Tunis Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 314 m), 2 parks (nearest 91 m).

Search radius
🏫Education1
🌳Parks2

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 11/2023CA$450k–500k
Sold price

Same street

Top 16%

Same area

Top 13%

City-wide

Top 20%

Related homes

Highlights & common questions: 85 Tunis Bay, Winnipeg

Property Overview

85 Tunis Bay is a well-proportioned, two-storey home in Fort Richmond, built in 1966. Its primary appeal lies in offering above-average space on a generous lot, presenting a solid value proposition within its context. The home features 1,930 sqft of living area, which ranks in the top quarter of homes on its street and top 12% within the neighbourhood, meaning it offers more interior space than most comparable local properties. The 7,036 sqft lot is also larger than the city-wide average. It includes an attached garage and a basement that is present but not renovated.

This property suits practical buyers looking for a spacious footprint and land in a mature neighbourhood. It’s ideal for someone who values room to grow or customize over a move-in-ready finish, as the basement presents a clear renovation opportunity. The assessed value is consistent with the local area, suggesting a fair market entry point. It would particularly appeal to value-conscious purchasers—perhaps young families or long-term investors—who are comfortable with a home of this vintage and see potential in its existing structure and lot size.

Frequently Asked Questions

Is the basement finished?
No, the listing specifies the basement is "not renovated." Buyers should budget for potential finishing or utility upgrades.

How does the home’s size compare to others?
Very favourably. With 1,930 sqft, it is larger than approximately 88% of homes in Fort Richmond and 87% of homes city-wide, based on the provided rankings.

What is the significance of the 1966 build year?
The home is of average age for its street and city-wide, but is older than about 76% of homes in Fort Richmond. This suggests the neighbourhood has many newer homes, so buyers should factor in maintenance typical for a nearly 60-year-old property.

The assessed value seems low. Is that accurate?
The assessed value of $44,200 is for municipal tax purposes and is not the market price. It is aligned with the average for Tunis Bay and Fort Richmond. The actual sold price history, from late 2023, indicates a market value in the $455,000 - $485,000 range.

What are the key considerations based on the data?
The data highlights a trade-off: you are acquiring significantly more house and land space than average for the area, but the property is not updated (as seen with the basement) and is older than most in the immediate neighbourhood. Its value is in its spacious fundamentals.