55 Newcastle Road

Fort Richmond, Winnipeg

Property score

76.7

Good

Overall 76.7 · Compared with neighbourhood average

1,530 sqft (top 31%) · 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, 3 parks, and 1 bank/ATM nearby

Living Area

Near average

8% larger 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

76.7 is composed by the two sections below.

Property Score

75.6Good
Living Area1,530 sqft79Good
Year Built197358Fair
Lot Size6,697 sqft85Excellent
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

above average
1,530 sqft
0255075100
Same streetTop 21%Same areaTop 31%CitywideTop 29%
Same street · Newcastle Road
#7 / 34
Top 21% · Avg 1,325 sqft
Same area · Fort Richmond
#827 / 2,629
Top 31% · Avg 1,421 sqft
Citywide · Winnipeg
#55,900 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
429k
0255075100
Same streetTop 41%Same areaTop 40%CitywideTop 32%
Same street · Newcastle Road
#14 / 34
Top 41% · Avg 421.4k
Same area · Fort Richmond
#1,058 / 2,629
Top 40% · Avg 435.7k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

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

Lot Size

above average
6,697 sqft
0255075100
Same streetBottom 21%Same areaTop 50%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

55 Newcastle Road — 7 amenities found within 500 m, across 4 categories, including 2 dining (nearest 478 m), 1 education (nearest 272 m), 3 parks (nearest 287 m).

Search radius
🍽️Dining2
🏫Education1
🌳Parks3
🏦Finance1

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 7/2021CA$400k–450k
Sold price

Same street

Top 47%

Same area

Top 38%

City-wide

Top 33%
Sold 10/2017CA$350k–400k
Sold price

Same street

Bottom 32%

Same area

Bottom 38%

City-wide

Top 43%

Related homes

Highlights & common questions: 55 Newcastle Road, Winnipeg

Property Overview

This two-storey home at 55 Newcastle Road in Fort Richmond offers a practical and well-positioned living option. Its key appeal lies in a balance of above-average interior space and a solid, established neighborhood feel. With 1,530 square feet of living area, the home provides more room than many comparable properties on its street, in the area, and across Winnipeg. The basement has been renovated, adding functional space, and the property includes an attached garage. Built in 1973, it is notably one of the newer homes on Newcastle Road itself. The lot size, while smaller than others on the same street, is still above average when compared city-wide.

The home would suit first-time buyers or growing families looking for move-in-ready space without the premium of a brand-new build. Its consistent, mid-range assessed value history suggests a stable, predictable investment rather than a speculative one. A thoughtful buyer might appreciate that its "above average" space rankings could offer better day-to-day livability per dollar than newer, tighter floor plans, while the established neighborhood often means mature trees and settled community dynamics.


Frequently Asked Questions

How does the living space truly compare?
At 1,530 sqft, the living area ranks in the top 21% on its own street and top 29% city-wide, meaning it offers more interior space than a clear majority of direct comparable homes.

What is the significance of the lot size ranking?
The lot is 6,697 sqft. It ranks below average (79th percentile) compared to other homes on Newcastle Road, which tend to have larger lots. However, it still ranks in the top 20% city-wide, indicating it is a generously sized lot by Winnipeg standards.

What does the sold price history indicate?
The public data shows sales in 2021 and 2017, with prices consistently placing in the middle tiers (33rd to 68th percentiles) against comparables. This suggests a history of stable, market-consistent valuation without extreme fluctuations.

The home was built in 1973. Is that a concern?
On Newcastle Road, a 1973 build date ranks in the elite top 3%, making it one of the newest homes on the street. This can be an advantage, potentially meaning updates to core systems have already been addressed or are closer to modern standards than older neighbors.

How accurate is the assessed value as a price indicator?
The current assessed value of $42.90k is consistently around the average (40th-41st percentile) for Fort Richmond and its immediate street. It serves as a stable baseline, but the final sale price is always determined by the current market.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.