Property score
64.5
Fair
Overall 64.5 · Compared with neighbourhood average
1,203 sqft (bottom 37%) · Built in 1971 (1 yr older than avg)
Located in a average-income area with median household income of ~58k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 22 dining spots, 2 schools, 3 healthcare facilitys, and 4 shops nearby
Living Area
Below average
15% 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)
1,068
445k
$351/sqft
1972
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64.5 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: #46110945
$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
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
94 Magdalene Bay — 41 amenities found within 500 m, across 9 categories, including 22 dining (nearest 240 m), 2 education (nearest 296 m), 3 healthcare (nearest 365 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 | Bottom 35% | Bottom 21% | Bottom 49% |
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 94 Magdalene Bay in Fort Richmond presents a practical opportunity in a mature Winnipeg neighbourhood. Built in 1971, it features 1,203 sqft of living space and sits on a 4,040 sqft lot, with a renovated basement and a detached garage.
Its primary appeal lies in its relative value and functionality within its immediate area. While the home's living space is above average for Magdalene Bay, its assessed value is notably below the street's average, suggesting a potentially more accessible price point for the location. The renovated basement adds usable space, a significant asset in a home of this size. The property would likely suit first-time buyers or practical downsizers seeking a solid, no-frills home in a well-established neighbourhood without a premium lot size. It’s a home that prioritizes interior living space over expansive outdoor area, appealing to those who value a straightforward, manageable property.
Frequently Asked Questions
Is this a good value for the street?
Based on the data, the home's assessed value is in the bottom 15% on Magdalene Bay, while its living area is in the top 18%. This discrepancy could indicate a value opportunity, but it's essential to understand the reasons, which may include the home's condition, specific features, or the below-average lot size.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the renovation, whether it includes a proper secondary suite or a recreational space, and if necessary permits were obtained.
How does the lot size impact the property?
At 4,040 sqft, the lot is below average for both the street and the wider Fort Richmond area. This means smaller outdoor maintenance but also limited potential for expansions like large decks or additions. It emphasizes the home itself and its interior space over the yard.
What is the typical buyer for this home?
Given its size, configuration, and value positioning, this home is well-suited for first-time homeowners, small families, or downsizers looking for a manageable property in a mature neighbourhood without a large yard to upkeep.
Why is the sold price history presented as a range?
The sold price is shown as a range based on publicly available data. For the exact historical sale price, you must request it directly from the site, which provides the precise figure via email as a verified service.
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