94 Tulane Bay

Fort Richmond, Winnipeg

65.1

Good

Overall 65.1

Smaller and older than most nearby homes

1,042 sqft (bottom 17%)

Built in 1965 (7 yrs older than avg)

Located in a above-average income area

with median household income of ~85k

Transit 70.0

7-min walk to transit with 3 nearby routes

Within 500m: 1 park nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

65.1 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,042 sqft52Fair
Year Built196546Low
Lot Size5,826 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,042 sqft
0255075100
Same streetBottom 20%Same areaBottom 17%CitywideBottom 32%
Same street · Tulane Bay
#28 / 35
Bottom 20% · Avg 1,196 sqft
Same area · Fort Richmond
#2,178 / 2,629
Bottom 17% · Avg 1,421 sqft
Citywide · Winnipeg
#132,072 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
379k
0255075100
Same streetBottom 31%Same areaBottom 21%CitywideTop 44%
Same street · Tulane Bay
#24 / 35
Bottom 31% · Avg 400.9k
Same area · Fort Richmond
#2,075 / 2,629
Bottom 21% · Avg 435.7k
Citywide · Winnipeg
#85,956 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

around average
5,826 sqft
0255075100
Same streetBottom 34%Same areaBottom 15%CitywideTop 36%

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

94 Tulane Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 344 m).

Search radius
🌳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 3/2024CA$350k–400k
Sold price

Same street

Bottom 48%

Same area

Top 49%

City-wide

Top 38%

Related homes

Highlights & common questions: 94 Tulane Bay, Winnipeg

Property Overview: 94 Tulane Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, one-storey home from 1965 on a generous, mature lot in the established Fort Richmond neighbourhood. With 1,042 sqft of living space and a renovated basement, it offers functional, single-level living. The home’s assessed value is notably accessible compared to many in the city, presenting a value-oriented entry point into a desirable area.

Its primary appeal lies in its balance of space, location, and price. The lot size is above the city-wide average, offering ample outdoor potential. While the living area is modest for the immediate street and neighbourhood, it is close to the city-wide average, suggesting a comfortable footprint for the right buyer. The renovated basement adds valuable flexible space. This property would suit first-time buyers, downsizers seeking single-level living, or value-focused investors attracted by the below-average assessment in a stable area. A thoughtful perspective is that a home of this vintage on a large lot may offer more potential for personalization and outdoor enjoyment than newer, denser developments, appealing to those who value character and space over sheer square footage.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others in the area?
At 1,042 sqft, the living area is below the current average for both Tulane Bay and the broader Fort Richmond neighbourhood. However, it is close to the Winnipeg city-wide average, indicating a comfortable size for many households, especially when combined with the additional renovated basement space.

2. What does the assessed value indicate?
The assessed value of $37,900 is below the neighbourhood average but around the average for the city. This often suggests a more affordable entry point into Fort Richmond, which can mean a lower property tax base, but it’s essential to compare this with the final sale price for true market context.

3. What are the implications of the home’s age?
Built in 1965, the home is of average age for its street and the city. Buyers should factor in the potential for updates to major aging components (like roof, windows, plumbing) while appreciating the established neighbourhood and mature landscaping that comes with an older property.

4. Is the detached garage a drawback?
A detached garage offers flexibility for use as a workshop or studio separate from the house but is less convenient in Winnipeg winters than an attached one. The large lot likely provides good driveway space for parking.

5. Where can I find the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold price history is available by request via email from the listing source, which provides the accurate figures manually without using your email for unsolicited marketing.

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