89 Greyfriars Road

Fort Richmond, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Smaller than most nearby homes

1,076 sqft (bottom 21%) · Built in 1971 (1 yr older than avg)

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

Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Near average

1 yrs older 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 Area1,076 sqft52Fair
Year Built197158Fair
Lot Size6,484 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
1,076 sqft
0255075100
Same streetTop 45%Same areaBottom 21%CitywideBottom 37%
Same street · Greyfriars Road
#17 / 38
Top 45% · Avg 1,156 sqft
Same area · Fort Richmond
#2,077 / 2,629
Bottom 21% · Avg 1,421 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
373k
0255075100
Same streetBottom 39%Same areaBottom 18%CitywideTop 46%
Same street · Greyfriars Road
#23 / 38
Bottom 39% · Avg 391.1k
Same area · Fort Richmond
#2,167 / 2,629
Bottom 18% · Avg 435.7k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

Elite
1971
0255075100
Same streetTop 3%Same areaTop 48%CitywideTop 47%

Lot Size

above average
6,484 sqft
0255075100
Same streetBottom 1%Same areaBottom 38%CitywideTop 23%

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

89 Greyfriars Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 333 m), 1 parks (nearest 379 m).

Search radius
🏫Education1
🌳Parks1

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 10/2022CA$350k–400k
Sold price

Same street

Bottom 39%

Same area

Bottom 31%

City-wide

Top 46%

Related homes

Highlights & common questions: 89 Greyfriars Road, Winnipeg

Property Overview: 89 Greyfriars Road, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1971, offering a practical and low-maintenance footprint. With 1,076 sqft of living space and a renovated basement, it provides efficient use of its layout. The home sits on a 6,484 sqft lot, which is notably larger than the Winnipeg city average, offering valuable outdoor space relative to many urban properties.

Its primary appeal lies in its position as a solid, average-value home within its immediate neighborhood and the broader city. The data suggests it’s not an outlier in price or size, but a stable, predictable property. A thoughtful perspective is that it represents a "blank canvas" opportunity: the lot size is a standout asset city-wide for future expansion or landscaping, while the home itself is a functional starting point. It last sold in late 2022 for a price consistent with its assessed value, indicating a stable market perception.

This property would best suit first-time buyers, downsizers, or practical investors looking for an entry into the Fort Richmond area without premium pricing. It’s for someone who values a larger yard over a larger house and sees potential in a home that is comfortably average in its metrics, allowing for personalization without the pressure of an already-maximized premium property.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
Its assessed value is around average for Greyfriars Road itself but is below the average for the wider Fort Richmond neighborhood. This can indicate a potentially more affordable entry point into the area.

2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. Buyers should inquire about the finishes, permits, and whether it includes a separate entrance or legal suite potential.

3. Is the lack of a garage a significant concern?
The property has no garage. For some buyers, the larger lot may offer space to add one in the future, subject to bylaws. This is a trade-off to consider against the home’s price point.

4. The home is over 50 years old. What should I check?
While the systems and roof have likely been updated over time, a thorough inspection for foundational integrity, plumbing, electrical (especially aluminum wiring common in that era), and insulation is strongly recommended.

5. How stable has the property’s value been?
Based on its last sale price in late 2022, which aligned with its current assessed value, it appears to have held its market value without dramatic swings, suggesting it’s not a speculative asset but a steady one.

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