71 Newcastle Road

Fort Richmond, Winnipeg

Property score

72.0

Good

Overall 72.0 · 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: 1 school, and 2 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

72.0 is composed by the two sections below.

Property Score

67.8Good
Living Area1,256 sqft66Good
Year Built197358Fair
Lot Size6,903 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

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
431k
0255075100
Same streetTop 38%Same areaTop 39%CitywideTop 32%
Same street · Newcastle Road
#13 / 34
Top 38% · Avg 421.4k
Same area · Fort Richmond
#1,030 / 2,629
Top 39% · Avg 435.7k
Citywide · Winnipeg
#61,787 / 194,458
Top 32% · Avg 390.1k

Year Built

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

Lot Size

above average
6,903 sqft
0255075100
Same streetBottom 44%Same areaTop 40%CitywideTop 18%

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

71 Newcastle Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 217 m), 2 parks (nearest 240 m).

Search radius
🏫Education1
🌳Parks2

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 8/2017CA$350k–400k
Sold price

Same street

Bottom 21%

Same area

Bottom 35%

City-wide

Top 45%

Related homes

Highlights & common questions: 71 Newcastle Road, Winnipeg

Property Overview: 71 Newcastle Road, Fort Richmond

Key Characteristics & Appeal

This well-established 1973 bungalow in Fort Richmond offers a practical, grounded opportunity. Its 1,256 sqft of living space and 6,903 sqft lot are both consistently "around average" for the immediate area, presenting a home that fits comfortably within its neighbourhood context. A key feature is the renovated basement, adding valuable finished space. The detached garage provides flexible storage or workshop potential.

The appeal here lies in its stability and the value of its lot. While the home itself is unassuming in size and assessment value compared to neighbours, the property holds a less obvious advantage: its land area is notably above the Winnipeg city-wide average (top 18%), suggesting a more generous yard than many homes in the city. Furthermore, it is the newest build on its block (top 3% on Newcastle Road), which may imply relatively newer core components compared to immediate neighbours. It suits first-time buyers, downsizers, or practical investors looking for a manageable, single-level layout in a mature neighbourhood without the premium of a brand-new home. It's a property for those who see potential in solid foundations and space, rather than flashy finishes.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value ($43,100) is for municipal tax purposes. Market value is determined by current sale prices of similar homes, which can be higher or lower. The last recorded sale was in 2017.

2. What does "top 3% for year built on its street" mean?
This statistical ranking indicates that 71 Newcastle Road is one of the newest houses on its own block. On Newcastle Road, it is ranked 1st out of 34 comparable homes for its newer build year (1973). This is a hyper-local point of comparison and doesn't necessarily reflect the condition of the home today.

3. The lot is above average city-wide but average for the area. Why does that matter?
It highlights that Fort Richmond generally offers larger lots compared to many Winnipeg neighbourhoods. You're buying into an area with more spacious properties, and this home's lot is still a strong performer even within that context, offering good outdoor space.

4. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the scope, finishes, or if it includes a separate entrance or legal suite. This is a key detail to clarify with the seller or agent to understand the home's full living and potential income space.

5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in this data. As noted, you must request the information directly via email from the source, which will provide the precise figure from their records.

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