15 Southborough Key

Richmond West, Winnipeg

Property score

83.0

Excellent

Overall 83.0 · Older than most nearby homes

1,723 sqft (top 36%) · Built in 1984 (9 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 6 parks nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 58%Chinese · 7%

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

83.0 is composed by the two sections below.

Property Score

83.2Excellent
Living Area1,723 sqft86Excellent
Year Built198473Good
Lot Size8,440 sqft93Excellent
Neighbourhood Sales Activity61Fair

Community Score

82.8Excellent
Household Income89Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health76Good

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: #46110954

Community deep dive

$112K

Median household income

$119K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

15%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)644
Labour force participation rate69%
Median age36.0
Avg household size2.9
Unemployment rate6%
Population density1788 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households15%
Couple families with children38%
Median household income (2020)$112K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority38%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Chinese · 6%

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

Rankings

Living Area

above average
1,723 sqft
0255075100
Same streetTop 40%Same areaTop 36%CitywideTop 20%
Same street · Southborough Key
#4 / 10
Top 40% · Avg 1,373 sqft
Same area · Richmond West
#770 / 2,134
Top 36% · Avg 1,617 sqft
Citywide · Winnipeg
#38,962 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetBottom 30%Same areaBottom 18%CitywideTop 30%
Same street · Southborough Key
#7 / 10
Bottom 30% · Avg 457.5k
Same area · Richmond West
#1,747 / 2,134
Bottom 18% · Avg 493.6k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetBottom 30%Same areaBottom 20%CitywideTop 30%

Lot Size

above average
8,440 sqft
0255075100
Same streetTop 20%Same areaTop 8%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

15 Southborough Key — 7 amenities found within 500 m, across 2 categories, including 1 education (nearest 475 m), 6 parks (nearest 116 m).

Search radius
🏫Education1
🌳Parks6

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

15 Southborough Key: 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: 15 Southborough Key, Winnipeg

Property Overview: 15 Southborough Key, Winnipeg

Key Characteristics & Appeal

This 1,723 sqft home, built in 1984, presents a compelling mix of space, value, and potential. Its standout feature is the generous 8,440 sqft lot, which places it in the top 20% on its street and top 10% city-wide for land area. This offers significant room for gardening, recreation, or future expansion. The living space is comfortably above the Winnipeg average, providing ample room for a growing family.

The appeal lies in its position as a value-conscious opportunity within the Richmond West neighborhood. While the home’s assessed value ($441k) is below the area average, it sits well above the city-wide benchmark, suggesting you get more house and significantly more land for your investment compared to most of Winnipeg. It suits practical buyers who prioritize lot size over a newer build, and who see the value in a well-located property from the 1980s that has solid fundamentals and clear potential for updates or personalization.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
No direct sales history is published for this listing. To obtain verified, exact sold prices for this and comparable properties, you can request a manual lookup via email from the listing service.

2. Is the below-average neighborhood assessment a concern?
Not necessarily. It primarily indicates that many homes in Richmond West are newer or have higher valuations. With an assessed value above the city average, this property could represent a more affordable entry point into the area while still offering above-average space.

3. What does the 1984 build year mean for maintenance?
As a home from the mid-80s, buyers should budget for potential updates to major systems like roofing, windows, or the furnace, which may be nearing the end of their typical lifespan. A thorough inspection is advised.

4. The lot is large, but how is it shaped and positioned?
The data confirms the lot size is a major asset. For specifics on lot shape, orientation, and topography, reviewing the neighborhood analysis map or a site visit is essential to understand its full potential.

5. Why is the living area "around average" for the street but "above average" city-wide?
This highlights the character of the neighborhood. Southborough Key and Richmond West generally feature larger homes than the Winnipeg norm. So, while this home fits right in on its street, it offers more space than the typical city property.

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