43 Newcastle Road

Fort Richmond, Winnipeg

Property score

72.6

Good

Overall 72.6 · Compared with neighbourhood average

1,216 sqft (bottom 40%) · Built in 1973 (1 yr newer than avg)

Located in a high-income area with median household income of ~89k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

14% 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 Area1,216 sqft66Good
Year Built197358Fair
Lot Size7,787 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
1,216 sqft
0255075100
Same streetBottom 26%Same areaBottom 40%CitywideTop 49%
Same street · Newcastle Road
#25 / 34
Bottom 26% · Avg 1,325 sqft
Same area · Fort Richmond
#1,566 / 2,629
Bottom 40% · Avg 1,421 sqft
Citywide · Winnipeg
#94,598 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
406k
0255075100
Same streetBottom 29%Same areaBottom 43%CitywideTop 37%
Same street · Newcastle Road
#24 / 34
Bottom 29% · Avg 421.4k
Same area · Fort Richmond
#1,499 / 2,629
Bottom 43% · Avg 435.7k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 3%Same areaTop 33%CitywideTop 43%

Lot Size

above average
7,787 sqft
0255075100
Same streetTop 21%Same areaTop 18%CitywideTop 12%

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

43 Newcastle Road — 11 amenities found within 500 m, across 7 categories, including 3 dining (nearest 445 m), 1 education (nearest 319 m), 1 healthcare (nearest 482 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦Finance1
🏛️Government1

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 1/2020CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 14%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 43 Newcastle Road, Winnipeg

Property Overview & Key Characteristics

This 3-level split home at 43 Newcastle Road in Fort Richmond offers a practical layout with a renovated basement and a detached garage. Built in 1973, the 1,216 sqft house sits on a notably generous 7,787 sqft lot, which is larger than most in the area, city, and even on its own street. The home’s assessed value and living space are modest and slightly below average for the immediate neighborhood, positioning it as a value-conscious entry into the community.

Its primary appeal lies in the balance of a solid, established neighborhood footprint with the upside potential of its substantial lot. The renovated basement adds immediate functional living space. This property would suit first-time buyers or practical downsizers who prioritize land size over a large interior and are comfortable with a home that offers a solid foundation rather than high-end finishes. It’s a home for those who see value in outdoor space and the possibility of future updates or additions.

Frequently Asked Questions

How does the home’s size compare to others?
At 1,216 sqft, the living area is slightly smaller than the average home on Newcastle Road and in the wider Fort Richmond area, but is close to the Winnipeg citywide average.

What is the significance of the lot size?
The 7,787 sqft lot is a standout feature. It ranks in the top 21% on its own street and the top 12% citywide, offering significantly more outdoor space than typical Winnipeg lots, which average about 6,570 sqft.

What does the "Top 3%" badge for Year Built mean?
This indicates the home is one of the newer builds on Newcastle Road. While 1973 is a typical build year for Winnipeg, on this specific street it ranks as the newest or among the newest compared to its direct neighbors.

The assessed value seems low. Is that accurate?
The listed assessed value of $40,600 is a municipal assessment for tax purposes, not a market price. The data shows it is below average for the street but around average for Fort Richmond. Market value is determined by current sale conditions.

How can I find out the exact past sale price?
The exact sold price history is not publicly displayed. The site provides an estimated sold price range from early 2020 and offers to send the precise figure via email upon request at no cost.

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