98 Leeds Avenue

Fort Richmond, Winnipeg

72.6

Good

Overall 72.6

Compared with neighbourhood average

1,204 sqft (bottom 40%)

Built in 1973 (1 yr newer than avg)

Located in a high-income area

with median household income of ~89k

Transit 70.0

1-min walk to transit with 1 nearby route

Within 500m: 1 school, and 1 park nearby

Living Area

Near average

15% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 46%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

72.6 is composed by the two sections below.

Property Score

68.7Good
Living Area1,204 sqft66Good
Year Built197358Fair
Lot Size7,678 sqft91Excellent
Neighbourhood Sales Activity78Good

Community Score

78.4Good
Household Income80Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need76Good
Employment Health52Fair

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: #46110944

Community deep dive

$89K

Median household income

$94K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

20%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)404
Labour force participation rate51%
Median age43.6
Avg household size2.8
Unemployment rate6%
Population density3107 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children24%
Median household income (2020)$89K

Housing

Renter households14%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority62%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 45%
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
1,204 sqft
0255075100
Same streetBottom 40%Same areaBottom 40%CitywideTop 50%
Same street · Leeds Avenue
#28 / 47
Bottom 40% · Avg 1,307 sqft
Same area · Fort Richmond
#1,588 / 2,629
Bottom 40% · Avg 1,421 sqft
Citywide · Winnipeg
#96,569 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
421k
0255075100
Same streetTop 43%Same areaTop 45%CitywideTop 34%
Same street · Leeds Avenue
#20 / 47
Top 43% · Avg 419.2k
Same area · Fort Richmond
#1,191 / 2,629
Top 45% · Avg 435.7k
Citywide · Winnipeg
#65,393 / 194,458
Top 34% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 2%Same areaTop 33%CitywideTop 43%

Lot Size

above average
7,678 sqft
0255075100
Same streetTop 11%Same areaTop 19%CitywideTop 13%

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

98 Leeds Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 144 m), 1 parks (nearest 189 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 9/2024CA$450k–500k
Sold price

Same street

Top 17%

Same area

Top 14%

City-wide

Top 21%
Sold 12/2020CA$400k–450k
Sold price

Same street

Bottom 39%

Same area

Top 37%

City-wide

Top 33%

Related homes

Highlights & common questions: 98 Leeds Avenue, Winnipeg

Property Overview: 98 Leeds Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Fort Richmond home presents a practical opportunity in a mature neighbourhood. Its key appeal lies in its balance of space and value. The 1,204 sqft bungalow sits on a notably large, above-average lot of over 7,600 sqft, offering more outdoor space than most homes on its street and across the city—a significant asset for gardening, play, or future expansion. The basement has been renovated, adding functional living space. A detached garage provides flexible storage or workshop potential.

Built in 1973, the home is among the newer properties on its block, which can suggest more modern construction standards compared to immediate neighbours. Recent sale data indicates steady market activity. This property would suit first-time buyers or downsizers looking for a manageable single-storey layout in a established area, and is particularly compelling for those who prioritize generous outdoor space over a larger interior footprint. It’s a home that offers room to breathe and personalize without the premium often attached to such lots.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
The living area is modest but competitive. At just over 1,200 sqft, it is slightly below the average for Fort Richmond bungalows, but its renovated basement effectively expands the usable space. The true standout is the land size, which places it in the top 20% of lots in the neighbourhood.

2. What does the assessed value indicate?
The assessed value is consistent with similar homes on the street and in Fort Richmond. It’s important to note that assessed value for tax purposes is a different metric than market value, which is better reflected in the recent sold price history provided.

3. Is the lot size a future advantage?
Potentially, yes. A lot of this size in an established neighbourhood is increasingly rare. It provides flexibility for adding a deck, shed, or landscaping features that wouldn’t be possible on a standard lot, and could be a long-term asset.

4. The home sold recently in 2024. What does that suggest?
The relatively quick resale could indicate strong investor interest or a desirable, move-in ready condition. It also provides a very current and reliable benchmark for its market value, which is helpful for setting realistic price expectations.

5. Who are the typical neighbours?
The listing shows several nearby homes were built around the same time (early 1970s), suggesting a neighbourhood with residents at similar life stages. The consistent year of construction on the street can indicate uniform maintenance needs and a cohesive streetscape.

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