87 Macalester Bay

Fort Richmond, Winnipeg

68.0

Good

Overall 68.0

Smaller and older than most nearby homes

1,096 sqft (bottom 24%)

Built in 1965 (7 yrs older than avg)

Located in a high-income area

with median household income of ~98k

Transit 88.0

2-min walk to transit with 3 nearby routes

Within 500m: 1 school, 2 parks, and 2 place of worships nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 61%Chinese · 13%

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

68.0 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,096 sqft52Fair
Year Built196546Low
Lot Size6,044 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

85.3Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111014

Community deep dive

$98K

Median household income

$110K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

25%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)605
Labour force participation rate64%
Median age40.8
Avg household size2.7
Unemployment rate7%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children27%
Median household income (2020)$98K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 60%
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

around average
1,096 sqft
0255075100
Same streetBottom 5%Same areaBottom 24%CitywideBottom 39%
Same street · Macalester Bay
#38 / 40
Bottom 5% · Avg 1,515 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
404k
0255075100
Same streetBottom 35%Same areaBottom 41%CitywideTop 37%
Same street · Macalester Bay
#26 / 40
Bottom 35% · Avg 421.6k
Same area · Fort Richmond
#1,545 / 2,629
Bottom 41% · Avg 435.7k
Citywide · Winnipeg
#72,622 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 23%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,044 sqft
0255075100
Same streetBottom 1%Same areaBottom 19%CitywideTop 30%

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

87 Macalester Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 493 m), 2 parks (nearest 345 m).

Search radius
🏫Education1
🌳Parks2
Worship2

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 6/2016CA$300k–350k
Sold price

Same street

Bottom 19%

Same area

Bottom 10%

City-wide

Bottom 41%

Related homes

Highlights & common questions: 87 Macalester Bay, Winnipeg

Property Overview: 87 Macalester Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond is defined by its practical layout and significant lot size. With 1,096 sqft of living space, the house itself is compact and is among the smaller homes on its street, suggesting a focus on efficiency and manageable upkeep. Its primary asset is the 6,044 sqft lot, which is notably larger than the Winnipeg city average, offering ample outdoor space for gardening, recreation, or future expansion. The home features a renovated basement and a detached garage.

The appeal lies in its grounded value and potential. It suits first-time buyers or downsizers looking for an affordable entry into a mature neighbourhood without a large house to maintain. The generous lot is a standout feature for those who prioritize outdoor space over interior square footage, presenting a clear opportunity for landscaping, adding a deck, or even a future addition (subject to permits). It’s a home for practical buyers who see the value in land and location, and who are comfortable with a property that is older but has seen some updates, like the basement.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the neighbourhood?
At just under 1,100 sqft, this home is smaller than most on Macalester Bay and in the broader Fort Richmond area. This is reflected in its below-average rankings for living area locally, but it is close to the citywide average, indicating a more compact, efficient footprint.

2. Is the assessed value typical for the area?
Yes. The assessed value is around the average for both the immediate street and the Fort Richmond neighbourhood, suggesting it is priced consistently with similar properties in the area, without any unusual premium or discount.

3. What should I know about the lot?
The lot is a key feature. While it is the smallest on Macalester Bay, it is actually above average in size compared to the entire city. This means you get more outdoor space than many Winnipeg properties, but it may feel modest compared to the immediate neighbours.

4. The home was built in 1965. What does that imply?
Built in the mid-1960s, the home is older than most in Fort Richmond but is around the average age for Winnipeg. Buyers should budget for maintenance consistent with a home of this age, but also appreciate the character and established neighbourhood feel that comes with it.

5. Can I find out the exact historical sale prices?
The provided sales history shows estimated price ranges. To obtain the exact sold prices, you must request them via email from the listing service. They provide this data manually and state they will not use your contact information for unsolicited marketing.

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