Property score
79.2
Good
Overall 79.2 · Larger than most nearby homes
1,608 sqft (top 26%) · Built in 1968 (4 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: 2 schools, 2 parks, and 1 sports facility nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 61%Chinese · 13%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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79.2 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: #46111014
$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
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 Rutgers Bay — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 345 m), 2 parks (nearest 311 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 6% | Top 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Bottom 42% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 87 Rutgers Bay in Fort Richmond presents a solid, renovated living space in a well-established Winnipeg neighbourhood. Its key appeal lies in offering above-average interior space and a recently updated basement within a mature community. The home suits practical buyers looking for move-in-ready space over a large lot, and who value a neighbourhood with decades of history.
Key Characteristics & Ideal Buyer
The home’s primary strength is its generous and recently renovated living space. At 1,608 sqft, it offers more room than most comparable homes on its street, in Fort Richmond, and across Winnipeg. This is complemented by a finished basement, adding functional space. While the lot size is modest for the immediate area, it translates to less yard maintenance. The 1968 build date is among the oldest on the block, suggesting a well-settled streetscape but also pointing to the importance of a thorough inspection for major systems.
Its appeal is for the value-conscious buyer seeking space and updates without a premium price tag. It would suit a young family needing room to grow, a professional couple wanting a low-maintenance exterior with a spacious interior, or an investor looking for a renovated property in a stable university-area neighbourhood. A thoughtful perspective is that while the lot is smaller than some neighbours’, this often fosters a closer-knit street feel and reduces weekend chores.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The recent 2022 sale price and current market conditions are stronger indicators of value, suggesting the home may sell above its assessed value.
2. What does the older build date mean for me?
Built in 1968, the home is part of a mature neighbourhood with established trees and character. It’s wise to pay close attention to the condition of major aging components like the roof, windows, and plumbing during an inspection.
3. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is below average for Fort Richmond, meaning less private outdoor space. However, it also means less upkeep. The space is likely sufficient for a patio, garden, or play area without being overwhelming.
4. The home sold recently in 2022. What does that indicate?
The relatively quick resale could be due to many neutral factors like a job relocation or change in circumstance. It does, however, provide a very recent and relevant price point to consider, which is a useful data point.
5. What are the advantages of the Fort Richmond location?
Fort Richmond is a sought-after neighbourhood known for its proximity to the University of Manitoba, strong schools, and convenient access to shopping and parks. It offers a blend of quiet, residential streets with good amenity access.
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