47 Newcastle Road

Fort Richmond, Winnipeg

Property score

72.3

Good

Overall 72.3 · Compared with neighbourhood average

1,256 sqft (bottom 46%) · 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: 2 dining spots, 1 school, 1 healthcare facility, and 3 parks nearby

Living Area

Near average

12% 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

72.3 is composed by the two sections below.

Property Score

68.3Good
Living Area1,256 sqft66Good
Year Built197358Fair
Lot Size7,240 sqft88Excellent
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
1,256 sqft
0255075100
Same streetBottom 38%Same areaBottom 46%CitywideTop 45%
Same street · Newcastle Road
#21 / 34
Bottom 38% · Avg 1,325 sqft
Same area · Fort Richmond
#1,419 / 2,629
Bottom 46% · Avg 1,421 sqft
Citywide · Winnipeg
#87,820 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetBottom 32%Same areaBottom 45%CitywideTop 36%
Same street · Newcastle Road
#23 / 34
Bottom 32% · Avg 421.4k
Same area · Fort Richmond
#1,436 / 2,629
Bottom 45% · Avg 435.7k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

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

Lot Size

above average
7,240 sqft
0255075100
Same streetTop 32%Same areaTop 29%CitywideTop 15%

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

47 Newcastle Road — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 456 m), 1 education (nearest 303 m), 1 healthcare (nearest 499 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🌳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 3/2020CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 28%

City-wide

Top 48%

Related homes

Highlights & common questions: 47 Newcastle Road, Winnipeg

Property Overview: 47 Newcastle Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond presents a practical and straightforward opportunity. Its key appeal lies in its solid, average positioning across most metrics, offering a stable entry into a mature neighbourhood. The 1,256 sqft living space is typical for the area, fitting comfortably within the local average. A notable feature is the renovated basement, adding valuable finished space.

The property stands out in two less obvious ways. First, it sits on a larger-than-average citywide lot (7,240 sqft), offering more outdoor space than many Winnipeg homes. Second, for its immediate street, it is the newest build (1973), suggesting potentially fewer age-related issues than its direct neighbours. There is no garage or pool, keeping maintenance simpler and costs focused on the home itself.

This home would suit first-time buyers or downsizers seeking a manageable, single-level layout in an established community. It’s a practical choice for someone who values a generous yard and a renovated lower level over premium finishes or extra amenities, and who is comfortable with a property that is competitively average in size and assessed value for its area.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it is consistently "around average" for Fort Richmond in living area, assessed value, and lot size. Its lot is actually above average compared to the wider city. This indicates a home that is very typical for the neighbourhood, not over- or under-sized, which can be an advantage for resale value.

2. What does the "Elite" ranking for Year Built on its street mean?
This simply means that at 53 years old (built in 1973), it is the newest home among the 34 comparable properties on Newcastle Road. It doesn't imply luxury, but rather that it may be relatively younger than the other houses directly around it.

3. Is the assessed value the same as the market price?
No. The assessed value (approximately $40,900) is for municipal tax purposes. The actual market price is determined by recent sales, condition, and demand. The last recorded sale was in March 2020, so current market value would be different.

4. What are the implications of having no garage?
This means lower building maintenance and property taxes, but it requires planning for vehicle parking and storage. The large lot may offer potential for adding a garage or shed in the future, subject to local bylaws.

5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail here. As noted on the listing, you must request this information via email from the service, which provides it manually without using your email for marketing.

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