Property score
85.5
Excellent
Overall 85.5 · Older than most nearby homes
1,651 sqft (top 44%) · Built in 1985 (8 yrs older than avg)
Located in a high-income area with median household income of ~132k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 7 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 70%Chinese · 9%
Past 10 years Richmond West sales snapshot (~80% of all data)
800
514.5k
$315/sqft
1993
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85.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110953
$132K
Median household income
$134K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
8%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
196 Point West Drive — 7 amenities found within 500 m, across 1 categories, including 7 parks (nearest 101 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 37% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 1985 four-level split home at 196 Point West Drive sits on a generous 6,304 sqft lot in Winnipeg's Richmond West neighbourhood. Its key characteristic is a well-proportioned layout offering approximately 1,651 sqft of living space over multiple levels, providing clear zones for living and sleeping. A recently renovated basement adds modern, functional space. The property’s appeal lies in its established, quiet street setting with an above-average lot size for the area, offering room for gardening or outdoor enjoyment. It represents a solid value proposition in the market, with an assessed value notably lower than its last sale price in 2019, suggesting potential equity for a buyer.
This home would suit practical, value-conscious buyers such as growing families seeking space without a premium price tag, or downsizers from larger homes who want room for guests or hobbies without excessive upkeep. It’s also a sensible fit for first-time buyers ready for a single-family home who appreciate a renovated basement move-in ready. A less obvious perspective is its appeal to those who prioritize land over a brand-new build, seeing the mature lot and established neighbourhood as a stable, long-term foundation.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 6,304 sqft, the lot is larger than approximately 71% of other properties on the same street, offering more private outdoor space than many in the immediate vicinity.
2. What is the significance of the assessed value versus the last sale price?
The current assessed value is $44,700, while the home last sold in 2019 for $42,500. This indicates the municipal assessment has risen, which can reflect market trends, but the ultimate value is determined by current buyer demand.
3. Are there any notable features not immediately obvious from the data?
The listing specifies a renovated basement, which is a key functional upgrade. The home is also a four-level split, a style known for creating distinct living areas and potential for flexible use of space.
4. How does the property rank for its age and size in Winnipeg?
Built in 1985, it is newer than about 68% of Winnipeg homes. Its living area is larger than roughly 79% of homes in the city, placing it in a comfortable middle range for space.
5. What are comparable nearby properties like?
Similar homes in the area, such as 177 Brentlawn Boulevard (also built in 1985) and 66 Southlawn Stroll (built 1984), show consistent assessed values and living areas, confirming this property is in line with its immediate market.
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