Property score
67.5
Good
Overall 67.5 · Smaller than most nearby homes
1,091 sqft (bottom 24%) · Built in 1973 (1 yr newer than avg)
Located in a high-income area with median household income of ~89k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
23% 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)
1,068
445k
$351/sqft
1972
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67.5 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: #46110944
$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
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
15 Newcastle Road — 16 amenities found within 500 m, across 8 categories, including 3 dining (nearest 416 m), 1 education (nearest 394 m), 1 healthcare (nearest 419 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 | Top 42% | Top 35% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
15 Newcastle Road is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1973, it features 1,091 sqft of living space and sits on a generous 7,558 sqft lot. The home includes a renovated basement but does not have a garage or pool. Its assessed value is notably below average for its immediate street and area, yet it holds a larger-than-average lot size for the city.
Section 1: Key Characteristics & Appeal
The primary appeal of this property lies in its balance of space and value. The renovated basement adds functional living area, while the very large lot presents a standout opportunity for gardening, expansion, or simply enjoying ample private outdoor space—a feature that is increasingly rare citywide. Its assessed value is positioned below many comparable homes in Fort Richmond, suggesting potential value for a buyer.
This home would suit a first-time buyer or a downsizer looking for solid fundamentals without a premium price tag. The single-storey layout offers ease of living, and the mature neighbourhood provides stability. A thoughtful buyer might see the below-average assessment not just as a reflection of its modest size, but as a manageable entry point into a desirable area with the added long-term benefit of a substantial land parcel.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily reflects the home's more modest square footage compared to others on the street. It can represent a value opportunity, especially when combined with the above-average lot size and recent basement renovation.
2. What are the implications of not having a garage?
This means parking and storage will require planning. The large lot could allow for the future addition of a garage or shed, subject to local bylaws and permits, which may be an attractive project for some buyers.
3. How does the lot size compare practically?
At over 7,500 sqft, the lot is significantly larger than the Winnipeg average (~6,570 sqft). This translates to more backyard space, greater distance from neighbours, and possible flexibility for future outdoor amenities or landscaping.
4. The home sold in 2023. What does that recent sale indicate?
The sale two years ago suggests the current market price is likely informed by relatively recent conditions. A buyer should investigate what, if any, updates have been made since that sale to understand the present value.
5. Who typically buys in this part of Fort Richmond?
Fort Richmond is popular with university staff, students (due to proximity to the University of Manitoba), and families attracted to the area's schools and parks. This home's specific layout and size may appeal more to individuals, couples, or small families than to larger households.
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