62 Newcastle Road

Fort Richmond, Winnipeg

78.2

Good

Overall 78.2

Larger than most nearby homes

1,608 sqft (top 26%)

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: 1 school, and 3 parks nearby

Living Area

Above average

13% 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

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Property score

78.2 is composed by the two sections below.

Property Score

78.0Good
Living Area1,608 sqft83Excellent
Year Built197358Fair
Lot Size6,717 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
1,608 sqft
0255075100
Same streetTop 9%Same areaTop 26%CitywideTop 25%
Same street · Newcastle Road
#3 / 34
Top 9% · Avg 1,325 sqft
Same area · Fort Richmond
#673 / 2,629
Top 26% · Avg 1,421 sqft
Citywide · Winnipeg
#48,548 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
440k
0255075100
Same streetTop 26%Same areaTop 34%CitywideTop 30%
Same street · Newcastle Road
#9 / 34
Top 26% · Avg 421.4k
Same area · Fort Richmond
#903 / 2,629
Top 34% · Avg 435.7k
Citywide · Winnipeg
#58,537 / 194,458
Top 30% · Avg 390.1k

Year Built

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

Lot Size

above average
6,717 sqft
0255075100
Same streetBottom 26%Same areaTop 48%CitywideTop 19%

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

62 Newcastle Road — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 216 m), 3 parks (nearest 227 m).

Search radius
🏫Education1
🌳Parks3

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 5/2016CA$350k–400k
Sold price

Same street

Bottom 26%

Same area

Bottom 37%

City-wide

Top 44%

Related homes

Highlights & common questions: 62 Newcastle Road, Winnipeg

Property Overview: 62 Newcastle Road, Fort Richmond

Key Features & Ideal Buyer

This two-storey home in Fort Richmond presents a compelling blend of space, location, and value. Its key characteristic is its above-average living area of 1,608 sqft, which places it in the top 9% of homes on its own street and the top 25% citywide, offering more interior room than many comparable properties. The home features an attached garage and a renovated basement, adding functional living space. Built in 1973, it is notably one of the newer homes on Newcastle Road.

The appeal lies in its strong positioning within a mature, established neighbourhood. While the lot size is slightly smaller than others on the street, it remains larger than the Winnipeg average, offering a manageable yard. The assessed value of $440k is above average for the city, yet appears consistent for the area, suggesting a stable investment in a desirable location. This property would suit buyers looking for a spacious, move-in-ready home without the premium for a brand-new build. It’s particularly well-suited for small families or professionals who value more interior square footage over an expansive yard, and who appreciate the practical benefits of a renovated basement and attached garage in a well-ranked neighbourhood.


Frequently Asked Questions

1. How does the home’s size compare to others?
At 1,608 sqft, the living area is significantly larger than the average for both the immediate street and the city of Winnipeg as a whole, placing it in the top quarter of homes locally.

2. Is the assessed value a good indicator of the likely selling price?
The $440k assessment is above the citywide average and sits around the average for the broader Fort Richmond area. It serves as a useful benchmark, but market conditions, the home’s condition, and the renovated basement will ultimately determine the final sale price.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, permits, and the nature of the renovation (e.g., cosmetic updates versus structural changes) to understand its value fully.

4. The lot is noted as smaller than others on the street. Is this a concern?
While the lot is below the street average, at 6,717 sqft it is still larger than the typical Winnipeg lot. This may appeal to buyers who prefer less yard maintenance while still having decent outdoor space.

5. How can I find out the exact historical sale prices?
The provided sold price history shows estimated ranges. The listing service offers to provide the exact sold prices via a manual email request, which they aim to fulfill by the end of the same business day.

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