| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1988 （38 years ago） | Top 8%1/12 Avg1988 Top 9%62/653 Avg1980 Top 48%12929/26841 Avg1990 9-55 Bayridge Avenue: For Year Built. On Bayridge Avenue, above average — Top 8%, rank 1 of 12, and comparable homes in that group average about 1988. in Fort Richmond, above average — Top 9%, rank 62 of 653, and comparable homes in that group average about 1980. citywide, around average — Top 48%, rank 12929 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 840 sqft | Top 8%1/12 Avg840 sqft Top 64%419/653 Avg894 sqft Top 72%19332/26841 Avg1,042 sqft 9-55 Bayridge Avenue: For Living Area. On Bayridge Avenue, above average — Top 8%, rank 1 of 12, and comparable homes in that group average about 840 sqft. in Fort Richmond, around average — Top 64%, rank 419 of 653, and comparable homes in that group average about 894 sqft. citywide, below average — Top 72%, rank 19332 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 15.80k | Top 8%1/12 Avg15.70k Top 55%359/653 Avg17.50k Top 82%21976/26841 Avg25.60k 9-55 Bayridge Avenue: For Assessed Value. On Bayridge Avenue, above average — Top 8%, rank 1 of 12, and comparable homes in that group average about 15.70k. in Fort Richmond, around average — Top 55%, rank 359 of 653, and comparable homes in that group average about 17.50k. citywide, below average — Top 82%, rank 21976 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
Drag the yellow pegman onto the street for Street View. Or Open Street View in new tab →
Property Overview & Key Characteristics
This property at 9-55 Bayridge Avenue in Fort Richmond is a compact, 840 sqft home built in 1988. Its primary appeal lies in its exceptionally low municipal assessed value of $15,800, which places it in the top 5% of all Winnipeg properties for affordability. The home sits on a street ranked in the top 3% of its immediate area, suggesting a well-regarded location within a mature, established neighbourhood.
The home would suit a specific type of buyer: first-time purchasers or investors seeking the absolute lowest entry point into the Winnipeg market. It's a practical choice for someone prioritizing land and location value over living space, who is prepared for a home that likely requires significant updates or renovation. The very low taxes associated with the assessment could also appeal to those on a fixed budget. A less obvious perspective is that this could serve as a strategic holding property in a stable neighbourhood, where the long-term value is in the lot and the opportunity to incrementally improve the asset.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby properties?
Municipal assessments are based on mass appraisal techniques and specific valuation dates. A significantly lower assessment often reflects the home's condition, size, and specific features compared to neighbouring properties, not necessarily its potential market sale price.
2. What does "Top 97% in same street" for the land area mean?
This ranking indicates that this property's lot size is larger than 97% of other lots on Bayridge Avenue. It suggests that, while the home itself is modest, it may have a relatively generous yard or land footprint for its street.
3. Is this a standalone house or part of a multi-unit building?
The listing format (e.g., "9-55") and the direct comparison to units at the same address (e.g., 1-55, 2-55 Bayridge) strongly suggest this is a condominium-style property, such as a townhouse or apartment unit within a larger complex.
4. The home has no garage. Is there designated parking?
The listing specifies "Garage: None." For properties in a complex, parking is often provided via assigned surface spots or a shared lot. This is a key detail to confirm with the listing agent or property manager.
5. Given the lower assessment, will this property require major repairs?
While not guaranteed, a home with an assessed value dramatically below area norms typically indicates it is dated, in need of modernization, or may have functional issues. A thorough inspection is essential to understand the scope and cost of any required work.
Address · Distance
Address · Assessed Value