119 Calderwood Bay

Richmond West, Winnipeg

Property score

89.1

Excellent

Overall 89.1 · Larger and newer than most nearby homes

3,055 sqft (top 1%) · Built in 2004 (11 yrs newer than avg)

Located in a high-income area with median household income of ~104k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

89% larger than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 44%Chinese · 19%

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

89.1 is composed by the two sections below.

Property Score

94.7Excellent
Living Area100
3,055 sqftExcellent
Year Built87
2004Excellent
Lot Size95
9,858 sqftExcellent
Neighbourhood Sales Activity61
Fair

Community Score

80.8Excellent
Household Income86
Excellent
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health52
Fair

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: #46111193

Community deep dive

$104K

Median household income

$134K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.1

P90 / P10 ratio

14%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)1,207
Labour force participation rate60%
Median age44.8
Avg household size3.0
Unemployment rate14%
Population density2943 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households14%
Couple families with children37%
Median household income (2020)$104K

Housing

Renter households12%
Condominium dwellings13%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority58%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Chinese · 19%

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

Rankings

Living Area

Elite
3,055 sqft
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 1%
Same street · Calderwood Bay
#1 / 46
Top 2% · Avg 1,890 sqft
Same area · Richmond West
#3 / 2,134
Top 1% · Avg 1,617 sqft
Citywide · Winnipeg
#1,837 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
724k
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 3%
Same street · Calderwood Bay
#1 / 46
Top 2% · Avg 561.8k
Same area · Richmond West
#6 / 2,134
Top 1% · Avg 493.6k
Citywide · Winnipeg
#6,533 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 15%

Lot Size

Elite
9,858 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 6%

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

119 Calderwood Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 213 m).

Search radius
🌳Parks1

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

119 Calderwood Bay: 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: 119 Calderwood Bay, Winnipeg

Property Overview

This two-storey home on a large, quiet lot in Richmond West presents a compelling opportunity. Built in 2004, it stands out for its generous proportions, ranking in the top tier of the neighbourhood and city for both living space (over 3,000 sqft) and lot size (nearly 10,000 sqft). Its appeal lies in the rare combination of a modern build year with expansive room to grow, offering a solid foundation for a family. The attached garage and existing basement—present but not renovated—add practical value.

The property is ideally suited for buyers who prioritize space and future potential over immediate turn-key perfection. It would fit a growing family needing room to spread out, or a visionary buyer looking to customize and add value over time, whether through landscaping the sizable yard, finishing the basement, or updating the interior. Its high percentile rankings for assessed value suggest it is a substantial property within its market, appealing to those seeking a long-term home in a well-regarded area.

Frequently Asked Questions

1. What does the "not renovated" basement condition mean?
The basement is present and usable but has not been professionally finished. It offers blank-canvas potential for future development to suit a new owner's needs, whether for recreation, storage, or additional living space.

2. How significant is the lot size?
At nearly 10,000 square feet, the lot is exceptionally large for a 2004 build in this area. This provides uncommon privacy, space for outdoor activities, gardens, or future additions like a deck or patio, setting it apart from newer homes on smaller parcels.

3. The assessed value seems low compared to the home's size. What does this indicate?
The assessed value is for municipal tax purposes and is not the market price. Its high percentile rank (top 3% in Winnipeg) confirms this is a high-value property relative to others. The market price will be influenced by current conditions, the home's interior condition, and its significant square footage.

4. What is the neighbourhood like?
Richmond West is a mature, established neighbourhood. The high rankings for this property relative to its street and area suggest it is among the larger, newer, and more valuable homes in a desirable community, often appealing to families.

5. What are the immediate next steps for a new owner?
Given the basement state and the home's age (22 years), a prudent plan would include a thorough inspection of major systems (roof, HVAC) and potential cosmetic updates. The priority would be balancing any necessary maintenance with the opportunity to personalize the significant living space and land.