89 Kings Drive

Fort Richmond, Winnipeg

Property score

74.6

Good

Overall 74.6 · Older than most nearby homes

1,353 sqft (top 44%) · Built in 1966 (6 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 65%Chinese · 12%

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

74.6 is composed by the two sections below.

Property Score

70.8Good
Living Area1,353 sqft71Good
Year Built196652Fair
Lot Size8,472 sqft93Excellent
Neighbourhood Sales Activity78Good

Community Score

80.2Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need100Excellent
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: #46111011

Community deep dive

$97K

Median household income

$122K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

21%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate59%
Median age38.8
Avg household size2.7
Unemployment rate8%
Population density2304 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households21%
Couple families with children18%
Median household income (2020)$97K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority32%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,353 sqft
0255075100
Same streetBottom 23%Same areaTop 44%CitywideTop 38%
Same street · Kings Drive
#27 / 35
Bottom 23% · Avg 2,053 sqft
Same area · Fort Richmond
#1,149 / 2,629
Top 44% · Avg 1,421 sqft
Citywide · Winnipeg
#74,512 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
423k
0255075100
Same streetBottom 23%Same areaTop 44%CitywideTop 33%
Same street · Kings Drive
#27 / 35
Bottom 23% · Avg 564.5k
Same area · Fort Richmond
#1,157 / 2,629
Top 44% · Avg 435.7k
Citywide · Winnipeg
#64,667 / 194,458
Top 33% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 46%Same areaBottom 24%CitywideBottom 48%

Lot Size

above average
8,472 sqft
0255075100
Same streetBottom 11%Same areaTop 13%CitywideTop 10%

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 Kings Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 378 m).

Search radius
🏫Education1
Worship1

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 6/2023CA$400k–450k
Sold price

Same street

Bottom 27%

Same area

Top 33%

City-wide

Top 31%
Sold 10/2019CA$350k–400k
Sold price

Same street

Bottom 13%

Same area

Top 44%

City-wide

Top 36%

Related homes

Highlights & common questions: 89 Kings Drive, Winnipeg

Property Overview: 89 Kings Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home, built in 1966, presents a practical opportunity in the established Fort Richmond neighborhood. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,353 sqft footprint. The home sits on a notably generous 8,472 sqft lot, which is well above average for both the city and the local area, offering significant outdoor space and potential. A detached garage provides additional storage or workshop space.

The appeal lies in its balance of a manageable, updated living space with a large, private yard—a combination that can be hard to find. It suits first-time buyers looking for a home with immediate livability and room to grow outdoors, or downsizers seeking single-level living without sacrificing garden space. A thoughtful perspective is that while the house itself is modest in size compared to others on its street, it offers a more efficient layout on a premium-sized lot, potentially translating to lower maintenance costs and heating bills than larger, older homes. The recent basement renovation also suggests major below-ground work is already addressed.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is around average for Fort Richmond but is below the average for Kings Drive itself. This indicates you may be getting more land and a renovated property at a value relative to the street, where homes are typically larger or on even bigger lots.

2. What is the significance of the large lot size?
At 8,472 sqft, the lot is a standout feature. It offers ample room for gardening, recreation, future additions like a deck or shed, and provides a greater sense of privacy than is typical in the area.

3. What should I know about a home built in 1966?
While the basement has been renovated, a home of this age will have original core components. A thorough inspection of the roof, foundation, wiring, and plumbing is advisable to understand any upcoming maintenance or update needs.

4. Has the property’s value been stable?
Based on available sold price ranges, the property has seen modest appreciation between its 2019 and 2023 sales, generally keeping pace with broader area trends.

5. Who are the typical neighbors?
Fort Richmond is a mature neighborhood near the University of Manitoba. The community often includes a mix of long-term residents, academic staff, students in nearby rentals, and young families, creating a quiet but convenient atmosphere.

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