98 Macalester Bay

Fort Richmond, Winnipeg

Property score

74.3

Good

Overall 74.3 · Older than most nearby homes

1,482 sqft (top 36%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~85k

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

Living Area

Near average

4% larger 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

74.3 is composed by the two sections below.

Property Score

70.8Good
Living Area1,482 sqft75Good
Year Built196546Low
Lot Size6,707 sqft85Excellent
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
1,482 sqft
0255075100
Same streetBottom 45%Same areaTop 36%CitywideTop 32%
Same street · Macalester Bay
#22 / 40
Bottom 45% · Avg 1,515 sqft
Same area · Fort Richmond
#953 / 2,629
Top 36% · Avg 1,421 sqft
Citywide · Winnipeg
#61,458 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetBottom 5%Same areaBottom 17%CitywideTop 46%
Same street · Macalester Bay
#38 / 40
Bottom 5% · Avg 421.6k
Same area · Fort Richmond
#2,184 / 2,629
Bottom 17% · Avg 435.7k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 23%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,707 sqft
0255075100
Same streetTop 38%Same areaTop 49%CitywideTop 20%

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 Macalester Bay — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 444 m), 1 parks (nearest 398 m).

Search radius
🏫Education1
🌳Parks1
Worship2

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 11/2022CA$350k–400k
Sold price

Same street

Bottom 31%

Same area

Bottom 45%

City-wide

Top 41%
Sold 5/2022CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 44%

City-wide

Top 36%

Related homes

Highlights & common questions: 98 Macalester Bay, Winnipeg

Property Overview: 98 Macalester Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a 1,482 sqft, four-level split built in 1965, situated on a 6,707 sqft lot in Fort Richmond. Its key appeal lies in its balance of space, location, and value. The living area is consistently "around average" compared to the street, neighborhood, and city, offering comfortable, practical space without being oversized. A recently renovated basement adds modern livability to the classic split-level layout.

The property’s standout characteristic is its value proposition. The assessed value is notably below average for both the street and Fort Richmond, ranking in the top 5% and 17% respectively for being lower than peers. This suggests a potentially attractive entry point into the area. Coupled with an above-average city-wide lot size, it offers solid yard space. While the home is older than most on its street, its age is typical for Winnipeg overall, indicating a well-established neighborhood character.

This home would suit practical buyers looking for a balanced offering: first-time homeowners seeking space and a yard without a premium price tag, or value-focused investors. It’s for those who appreciate a renovated basement ready for use and are comfortable with the functional layout of a classic split-level. The data suggests it’s not a luxury property, but a grounded opportunity in a mature neighborhood.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value actually mean?
It means the city’s assessment for this property is lower than most comparable homes on its street and in Fort Richmond. This can indicate a more affordable tax base and may reflect a value price point, but it is not a direct marker of market selling price.

2. How does the four-level split layout function in daily life?
This style typically features short flights of stairs separating living, sleeping, and utility areas. It offers good separation of space and privacy, but may be less suitable for those seeking single-level living or open-concept flow.

3. The home is older than most on the street. Is that a concern?
It places the home in the older third on Macalester Bay. This isn’t unusual for Winnipeg, but it underscores the importance of a thorough inspection to understand the condition of major aging components like the roof, windows, and foundation.

4. How does the lot size compare?
At 6,707 sqft, the lot is above average for Winnipeg, providing good outdoor space. On its own street and in Fort Richmond, it is squarely average, so it fits the neighborhood norm without standing out as particularly large or small.

5. What is the context of the past sold prices shown?
The listed price ranges from 2022 are based on public data estimates. To get the exact historical sold prices for deeper insight, you must request them via email from the source site, as they are not publicly disclosed in detail.

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