115 Colebrook Drive

Richmond West, Winnipeg

Property score

82.2

Excellent

Overall 82.2 · Newer than most nearby homes

1,609 sqft (top 50%) · Built in 2001 (8 yrs newer than avg)

Located in a high-income area with median household income of ~116k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 38%Chinese · 21%

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

Sold Count

800

Median price

514.5k

$/sqft

$315/sqft

Avg build year

1993

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Property score

82.2 is composed by the two sections below.

Property Score

80.3Excellent
Living Area1,609 sqft83Excellent
Year Built200187Excellent
Lot Size5,039 sqft67Good
Neighbourhood Sales Activity61Fair

Community Score

85.1Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

Richmond West

How to read: Share of sales in each ~$50k price band for “richmond west” (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: #46111192

Community deep dive

$116K

Median household income

$130K

Average household income

17%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.2

P90 / P10 ratio

9%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)2,238
Labour force participation rate70%
Median age36.8
Avg household size3.4
Unemployment rate12%
Population density4144 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households9%
Couple families with children45%
Median household income (2020)$116K

Housing

Renter households5%
Condominium dwellings10%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority70%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 37%
Mother tongue (2nd)Chinese · 21%

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

Rankings

Living Area

above average
1,609 sqft
0255075100
Same streetTop 37%Same areaTop 50%CitywideTop 25%
Same street · Colebrook Drive
#22 / 59
Top 37% · Avg 1,542 sqft
Same area · Richmond West
#1,069 / 2,134
Top 50% · Avg 1,617 sqft
Citywide · Winnipeg
#48,474 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
501k
0255075100
Same streetBottom 25%Same areaTop 43%CitywideTop 20%
Same street · Colebrook Drive
#44 / 59
Bottom 25% · Avg 517k
Same area · Richmond West
#909 / 2,134
Top 43% · Avg 493.6k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
2001
0255075100
Same streetTop 20%Same areaTop 22%CitywideTop 17%

Lot Size

around average
5,039 sqft
0255075100
Same streetTop 46%Same areaBottom 25%CitywideBottom 46%

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

115 Colebrook Drive — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 442 m).

Search radius
🌳Parks1
Worship1

Crime & Safety

Richmond West · WPS public data · 2026

Annual incidents

22

2026

vs. city avg

-25%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

64%

Sales History

115 Colebrook Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 115 Colebrook Drive, Winnipeg

Key Characteristics & Buyer Profile

This is a 1,609-square-foot home built in 2001 on a 5,039-square-foot lot in Richmond West. Its living space is above average citywide (top 25%) and sits slightly ahead of its own street’s average, though the land area is fairly typical for the neighbourhood. The assessed value of $501,000 reflects a property that ranks well against the rest of Winnipeg (top 20%) but is on the lower end of the street’s own values—suggesting it may offer relatively more house for the money compared to immediate neighbours.

The appeal lies in its balance: newer construction, a solidly sized interior, and a location in a well-established southwest Winnipeg area. It’s not oversized or on a sprawling lot, so it avoids the maintenance and cost of a larger property while still offering comfortable space. This would suit buyers who want a practical, move-in-ready home in a mature suburb—likely families or professionals who prioritize a decent floor plan and good citywide value over a standout lot or premium finishes. The slightly lower assessed value relative to the street could also appeal to someone looking for a bit of equity upside in a stable area.


Five Possible FAQs

1. How does the living area compare to other homes nearby?
It’s above the average on the street (1,542 sqft) and in line with the broader Richmond West area (1,617 sqft). Citywide, it’s in the top 25%, so it’s comfortably roomier than many Winnipeg homes without being unusually large.

2. Why is the assessed value lower than others on the same street?
The property ranks in the bottom quarter of Colebrook Drive for assessed value, even though its living area is above average. This often comes down to differences in lot size, interior finishes, or recent renovations—meaning the home may offer similar square footage for a lower price point than some neighbours.

3. Is the lot size considered small or large?
At 5,039 sqft, it’s around average for the street (top 46%) but on the smaller side for Richmond West overall (bottom 25%) and citywide (bottom 46%). It’s a standard suburban lot—enough for a yard and some outdoor space, but not expansive.

4. What year was the house built, and does that hold up well?
Built in 2001, which places it in the top 17% newest homes in Winnipeg and top 20–22% locally. That’s newer than most—less than 25 years old—meaning it likely avoids major structural updates older homes need, though finishes may be early-2000s vintage.

5. How can I see how this property compares to others on a map?
The neighbourhood analysis page includes a map view that lets you compare this home’s year built, living area, assessed value, and lot size with nearby houses. That’s the best way to gauge how it stacks up visually and contextually.

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