98 Mcgill Place

Fort Richmond, Winnipeg

73.3

Good

Overall 73.3

Larger and newer than most nearby homes

1,612 sqft (top 25%)

Built in 1981 (9 yrs newer than avg)

Located in a above-average income area

with median household income of ~66.5k

Transit 92.0

4-min walk to transit with 5 nearby routes

Within 500m: 1 school, 1 park, and 2 place of worships nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

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

73.3 is composed by the two sections below.

Property Score

77.3Good
Living Area1,612 sqft83Excellent
Year Built198173Good
Lot Size4,990 sqft60Fair
Neighbourhood Sales Activity78Good

Community Score

67.2Good
Household Income68Good
Education Level91Excellent
Housing Stress20Low
Core Housing Need88Excellent
Employment Health42Low

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: #46111020

Community deep dive

$67K

Median household income

$76K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.9

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

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

Rankings

Living Area

above average
1,612 sqft
0255075100
Same streetTop 8%Same areaTop 25%CitywideTop 25%
Same street · Mcgill Place
#4 / 49
Top 8% · Avg 1,231 sqft
Same area · Fort Richmond
#667 / 2,629
Top 25% · Avg 1,421 sqft
Citywide · Winnipeg
#48,217 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
410k
0255075100
Same streetTop 24%Same areaBottom 46%CitywideTop 36%
Same street · Mcgill Place
#12 / 49
Top 24% · Avg 391.2k
Same area · Fort Richmond
#1,416 / 2,629
Bottom 46% · Avg 435.7k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetTop 16%Same areaTop 9%CitywideTop 33%

Lot Size

around average
4,990 sqft
0255075100
Same streetBottom 2%Same areaBottom 8%CitywideBottom 43%

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 Mcgill Place — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 445 m), 1 parks (nearest 82 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 2/2023CA$400k–450k
Sold price

Same street

Top 19%

Same area

Top 33%

City-wide

Top 31%

Related homes

Highlights & common questions: 98 Mcgill Place, Winnipeg

Property Overview

98 McGill Place is a well-maintained 4-level split home in Fort Richmond, built in 1981. With 1,612 sqft of living space, it offers significantly more room than most comparable homes on its street and in the immediate area. A key feature is its renovated basement, adding to its functional space. The property sits on a 4,990 sqft lot, which is more compact than many in the neighbourhood but is balanced by the above-average interior size. Its assessed value is $410,000, positioning it as an above-average home on McGill Place and around the city-wide average for the area.

Key Characteristics & Appeal

This home’s primary appeal lies in its efficient use of space. It delivers substantial interior square footage—ranking in the top 8% on its street—on a modest lot, suggesting a smart, practical layout. The renovated basement adds modern, usable living area without the need for an expansion. While the yard is smaller than many in Fort Richmond, this translates to less maintenance, a significant consideration for many buyers today.

It would suit practical buyers looking for move-in-ready space rather than extensive outdoor areas. This includes young families who value indoor living and play areas, professionals seeking a low-maintenance property without sacrificing room to work from home, or downsizers transitioning from a larger lot who still want ample interior space for guests or hobbies. Its value is grounded in what you get inside the walls, making it a strong option for those prioritizing living area over land.

Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the lot is below average for Fort Richmond, it offers manageable upkeep. The trade-off is a larger-than-average interior, making it ideal for those who prefer low-maintenance outdoor space without compromising on indoor living area.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is essential to assess the quality of the renovation, its rooms (e.g., bedroom, living space), and whether it meets your needs.

3. Is the assessed value a reliable indicator of the selling price?
The $410,000 assessment is a municipal valuation for tax purposes. Market conditions, the home’s updated condition, and its desirable interior size will ultimately determine the sale price, which may differ.

4. There’s no garage; what are the parking options?
The listing shows no garage. Buyers should investigate driveway capacity and on-street parking regulations during a visit to ensure it meets their needs.

5. The home is 45 years old; what should I be mindful of?
While well-maintained and newer than many on its street, a standard home inspection is crucial. Special attention should be paid to the original components, like the roof, windows, and major systems (heating, electrical), which may be nearing or past their typical lifespans.

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