3 Millstream Way

Richmond West, Winnipeg

Property score

91.1

Excellent

Overall 91.1 · Larger than most nearby homes

2,411 sqft (top 3%) · Built in 1990 (3 yrs older than avg)

Located in a high-income area with median household income of ~132k

Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

49% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 70%Chinese · 9%

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

91.1 is composed by the two sections below.

Property Score

89.0Excellent
Living Area2,411 sqft96Excellent
Year Built199078Good
Lot Size6,616 sqft85Excellent
Neighbourhood Sales Activity61Fair

Community Score

94.3Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110953

Community deep dive

$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

Population, labour & age

Population (2021)487
Labour force participation rate66%
Median age47.6
Avg household size2.8
Unemployment rate0%
Population density2705 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households8%
Couple families with children38%
Median household income (2020)$132K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority31%
Bachelor's or higher (25–64)67%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Chinese · 9%

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

Rankings

Living Area

Elite
2,411 sqft
0255075100
Same streetTop 5%Same areaTop 3%CitywideTop 4%
Same street · Millstream Way
#2 / 41
Top 5% · Avg 1,620 sqft
Same area · Richmond West
#65 / 2,134
Top 3% · Avg 1,617 sqft
Citywide · Winnipeg
#7,073 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
580k
0255075100
Same streetTop 5%Same areaTop 7%CitywideTop 10%
Same street · Millstream Way
#2 / 41
Top 5% · Avg 488.7k
Same area · Richmond West
#159 / 2,134
Top 7% · Avg 493.6k
Citywide · Winnipeg
#18,483 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetBottom 34%Same areaBottom 44%CitywideTop 22%

Lot Size

above average
6,616 sqft
0255075100
Same streetTop 22%Same areaTop 30%CitywideTop 20%

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

3 Millstream Way — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 331 m), 3 parks (nearest 344 m).

Search radius
🏫Education1
🌳Parks3

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

3 Millstream Way: 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: 3 Millstream Way, Winnipeg

Property Overview

3 Millstream Way in Richmond West is a home that stands out for its generous proportions and established setting. Built in 1990, it offers a compelling combination of ample interior space on a sizable lot, presenting a solid value proposition within its competitive market.

Key Characteristics & Appeal

The primary appeal of this property lies in its significant scale, both inside and out. With 2,411 square feet of living area, it ranks in the top 5% of homes on its own street and the top 3-4% across the wider Richmond West area and Winnipeg. This places it well above the local and city-wide averages, offering substantial room for families. The 6,616 sqft lot is also notably larger than most in the immediate neighbourhood and city, providing valuable outdoor space and potential.

While the assessed value of $580k is elite for the street, it aligns closely with the Richmond West average, suggesting the home’s premium space is offered at a competitive price point for the desirable area. The 1990 build date means it’s a mature home, likely with established landscaping and any major foundational settling long complete, but it may also be ready for selective updates to modernize systems or finishes.

This home would best suit buyers who prioritize space over a brand-new build. It’s ideal for growing families seeking established community roots, or for those who value a larger lot for gardening, recreation, or future expansion. It represents a practical choice for buyers looking to get more square footage for their dollar in a sought-after neighbourhood, with the understanding that a home of this age may benefit from personalization.


Frequently Asked Questions

1. How does this home’s value compare to others in Richmond West?
The home’s assessed value is above average, ranking in the top 7% of the area. Interestingly, while its living space is in the elite top 3%, its value is closely aligned with the neighbourhood average, suggesting you are paying primarily for location but getting a significantly larger home.

2. What does the 1990 build year imply for maintenance?
A home built in 1990 is past its initial settling period and major structural issues would likely be apparent. However, key components like the roof, windows, HVAC system, and major appliances may be nearing or have reached their typical lifespans and could require inspection or budgeting for replacement.

3. Is the lot size a significant advantage?
Yes. The lot is over 6,600 sqft, which is larger than approximately 70-80% of lots in Richmond West. This provides more privacy, yard space, and potential than is typical for the area, which is often a premium feature.

4. Why is there no sales history shown for this listing?
The platform does not source data from the MLS. Sold price history is compiled from other public records, and for this property, that specific data is not currently available in their system. You can request exact figures manually via email through the site.

5. The home ranks "around average" for year built on its street. What does that mean?
This indicates the home fits right into the expected age range for Millstream Way, where the average home was built in 1991. You won’t be the oldest or newest house on the block, which can be positive for neighbourhood character and resale consistency.

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