88 Magdalene Bay

Fort Richmond, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Smaller than most nearby homes

1,065 sqft (bottom 20%) · Built in 1973 (1 yr newer than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 22 dining spots, 2 schools, 3 healthcare facilitys, and 4 shops nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer 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

62.0 is composed by the two sections below.

Property Score

58.8Fair
Living Area1,065 sqft52Fair
Year Built197358Fair
Lot Size6,376 sqft81Excellent
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

around average
1,065 sqft
0255075100
Same streetBottom 49%Same areaBottom 20%CitywideBottom 35%
Same street · Magdalene Bay
#20 / 39
Bottom 49% · Avg 1,061 sqft
Same area · Fort Richmond
#2,114 / 2,629
Bottom 20% · Avg 1,421 sqft
Citywide · Winnipeg
#126,115 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetTop 36%Same areaBottom 32%CitywideTop 40%
Same street · Magdalene Bay
#14 / 39
Top 36% · Avg 370.1k
Same area · Fort Richmond
#1,795 / 2,629
Bottom 32% · Avg 435.7k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 3%Same areaTop 33%CitywideTop 43%

Lot Size

above average
6,376 sqft
0255075100
Same streetTop 33%Same areaBottom 31%CitywideTop 24%

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

88 Magdalene Bay — 41 amenities found within 500 m, across 9 categories, including 22 dining (nearest 263 m), 2 education (nearest 285 m), 3 healthcare (nearest 372 m).

Search radius
🍽️Dining22
🏫Education2
🏥Healthcare3
🛒Shopping4
🌳Parks1
💪Sports1
🏦Finance6
Worship1
🏛️Government1

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 7/2017CA$300k–350k
Sold price

Same street

Bottom 29%

Same area

Bottom 17%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 88 Magdalene Bay, Winnipeg

Property Overview

This one-storey home at 88 Magdalene Bay in Fort Richmond is a practical and well-situated property. Its key appeal lies in its balance of space, location, and value within a mature neighbourhood. The home features 1,065 sqft of living area, which is very typical for its immediate street, and sits on a 6,376 sqft lot that is notably larger than many city-wide comparables. A significant feature is the renovated basement, adding functional living space. Built in 1973, it is one of the newer homes on its street. The property does not have a garage or pool.

This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in a settled community. Its average size and assessed value for the area suggest it's a straightforward entry into the Fort Richmond market. The generous lot offers potential for gardening, expansion, or simply more private outdoor space than many city properties provide—a valuable asset not immediately apparent from the square footage alone.


Frequently Asked Questions

What is the exact sold price history?
The public record shows a sale in July 2017 for an estimated range. For precise historical sold prices, you can request the information via email from the listing source; they provide this data manually.

How does the lot size compare?
The lot is 6,376 sqft, which is above the city-wide average for comparable homes. This means you're getting more outdoor space than many properties, which is a key advantage for privacy or future projects.

Is the basement finished?
Yes, the basement has been renovated, adding to the home's liveable space beyond the main floor square footage.

How does the home’s age affect its value?
Built in 1973, it is newer than most on its street and around the city-wide average. This can mean fewer immediate concerns with outdated major components compared to older homes in the area.

What are the parking arrangements?
The listing indicates there is no garage. Buyers should inquire about driveway space or on-street parking availability.

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