127 Bellemer Drive

Richmond Lakes, Winnipeg

Property score

75.9

Good

Overall 75.9 · Larger and newer than most nearby homes

1,348 sqft (top 11%) · Built in 1989 (6 yrs newer than avg)

Located in a high-income area with median household income of ~96k

Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 67%French · 5%

Past 10 years Richmond Lakes sales snapshot (~80% of all data)

Sold Count

249

Median price

352.6k

$/sqft

$339/sqft

Avg build year

1983

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Property score

75.9 is composed by the two sections below.

Property Score

74.2Good
Living Area71
1,348 sqftGood
Year Built78
1989Good
Lot Size93
8,491 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income83
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

Richmond Lakes

How to read: Share of sales in each ~$50k price band for “richmond lakes” (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: #46110956

Community deep dive

$96K

Median household income

$95K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

18%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)497
Labour force participation rate68%
Median age41.2
Avg household size2.6
Unemployment rate14%
Population density3313 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children31%
Median household income (2020)$96K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority25%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,348 sqft
0255075100
Same streetTop 11%Same areaTop 11%CitywideTop 39%
Same street · Bellemer Drive
#3 / 27
Top 11% · Avg 1,109 sqft
Same area · Richmond Lakes
#68 / 622
Top 11% · Avg 1,030 sqft
Citywide · Winnipeg
#75,134 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

Elite
486k
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 22%
Same street · Bellemer Drive
#1 / 27
Top 4% · Avg 382k
Same area · Richmond Lakes
#7 / 622
Top 1% · Avg 350.5k
Citywide · Winnipeg
#42,982 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 33%Same areaTop 8%CitywideTop 23%

Lot Size

Elite
8,491 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 10%

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

127 Bellemer Drive — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 482 m), 4 parks (nearest 87 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

Richmond Lakes · WPS public data · 2025

Annual incidents

29

2025

vs. city avg

-2%

relative to avg

Year-over-year

0%

vs. prior year

Primary type

Property

72%

Sales History

Sold 12/2024CA$500k–550k
Sold price

Same street

Top 20%

Same area

Top 1%

City-wide

Top 12%

Related homes

Highlights & common questions: 127 Bellemer Drive, Winnipeg

Property Summary: 127 Bellemer Drive, Richmond Lakes, Winnipeg

Key Characteristics & Appeal

This bi-level home at 127 Bellemer Drive is a standout property in the Richmond Lakes neighbourhood, built in 1989. Its primary appeal lies in a combination of above-average space, a premium lot, and strong value metrics within its community. The home features 1,348 sqft of living space and sits on a large 8,491 sqft lot, ranking in the top tier for land size on its street and in the wider area. A key feature is the renovated basement, adding functional living space. The property’s assessed value and recent sold price consistently rank in the top 4-5% of its immediate street and the top 1% of the neighbourhood, suggesting it is perceived as a higher-value home in its locale.

This home would suit buyers looking for an established, spacious property in a mature neighbourhood without sacrificing a sense of premium positioning. It’s ideal for those who value a large yard and appreciate a home that compares favourably in size and value to its direct neighbours. The renovated basement adds flexibility for growing families, home offices, or recreational space. A thoughtful perspective is that while the home itself is from the late 1980s, its standout lot size and strong value rankings offer a solid foundation for both comfortable living and long-term investment in a well-regarded area.


Frequently Asked Questions

1. How does this home compare to others in Richmond Lakes?
Based on the provided data, this home ranks exceptionally well within its neighbourhood. It is in the top 5% for lot size, top 1% for assessed value, and its recent sold price was in the top tier. This indicates it is considered a premium property compared to most homes in Richmond Lakes.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent, as it could range from updated finishes to a fully developed legal suite or additional bedrooms.

3. Is the sold price from December 2024 the current asking price?
No. The sold price of $53.60k from December 2024 is a historical data point showing what the property last transacted for. The current asking price would be listed separately and may be different.

4. The home was built in 1989. What should I consider?
A home of this age is likely to have mature landscaping and established infrastructure. While it has a renovated basement, a prospective buyer should pay attention to the condition of major systems (roof, windows, HVAC) common to homes built in that era, as they may be nearing or past their typical lifespan.

5. The assessed value is significantly lower than the recent sold price. Why?
This is common. A municipal assessed value ($48.60k here) is for tax purposes and often lags behind the current market. The recent sold price ($53.60k) is a more accurate reflection of its market value at that time, influenced by factors like renovations, market conditions, and buyer demand.