Property score
72.3
Good
Overall 72.3 · Compared with neighbourhood average
1,274 sqft (top 50%) · Built in 1973 (1 yr newer than avg)
Located in a high-income area with median household income of ~89k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 46%Chinese · 14%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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72.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110944
$89K
Median household income
$94K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
20%
Single-person households
24%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
87 Leeds Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 219 m), 1 parks (nearest 264 m).
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%
87 Leeds Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 87 Leeds Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a practical opportunity with several distinct advantages. Its primary appeal lies in a combination of generous outdoor space and a recently renovated basement, offering immediate livability and expansion potential. The 7,197 sqft lot is notably larger than most in the immediate area, ranking in the top 30% for its street and neighbourhood, which is a significant asset for gardening, recreation, or future expansion.
Built in 1973, the house itself is older but stands out as one of the newest constructions on its block, ranking in the top 2% for year built on Leeds Avenue. The living area of 1,274 sqft is comfortably above average for the street. The attached garage and renovated basement add functional living and storage space. From an investment perspective, its assessed value positions it well within its community, comparing favourably against similar homes in the area.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood. It’s also a sensible fit for a buyer who values a larger lot over a larger house, seeing the land as a long-term asset or a canvas for outdoor projects. The renovated basement adds value for those needing a flexible space for a home office, family room, or guest suite without undertaking major work.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era often means finished living space with proper flooring, drywall, and lighting. It’s important to confirm the quality of the renovation, any moisture-proofing measures, and whether it includes a bathroom or kitchenette.
2. How does the larger lot size benefit me?
Beyond providing more private outdoor space, a lot size in the top tier for the area can offer better privacy, room for additions like a deck or shed, and potentially stronger value retention. It’s a feature that is increasingly rare in established neighbourhoods.
3. The house is over 50 years old. What should I be mindful of?
While the home is newer than many on its street, key systems like the roof, plumbing, electrical, and heating are likely at or beyond their typical lifespans. An inspection is crucial to understand the condition and any upcoming capital expenses.
4. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. Comparing it to recent sale prices of similar homes (like those listed as "often also viewed") provides a more accurate picture of the current market.
5. What is the neighbourhood like for daily living?
Fort Richmond is a mature, family-oriented community near the University of Manitoba. It offers a mix of residential streets, schools, and local amenities. The specific location on Leeds Avenue provides a quiet, settled setting while remaining convenient to major routes and services.
