56 Millstream Way

Richmond West, Winnipeg

Property score

84.4

Excellent

Overall 84.4 · Compared with neighbourhood average

1,558 sqft (bottom 45%) · Built in 1991 (2 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: 1 school, and 6 parks nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Near average

2 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

84.4 is composed by the two sections below.

Property Score

77.8Good
Living Area1,558 sqft79Good
Year Built199181Excellent
Lot Size5,520 sqft74Good
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

above average
1,558 sqft
0255075100
Same streetBottom 39%Same areaBottom 45%CitywideTop 27%
Same street · Millstream Way
#25 / 41
Bottom 39% · Avg 1,620 sqft
Same area · Richmond West
#1,172 / 2,134
Bottom 45% · Avg 1,617 sqft
Citywide · Winnipeg
#53,390 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetBottom 24%Same areaBottom 30%CitywideTop 26%
Same street · Millstream Way
#31 / 41
Bottom 24% · Avg 488.7k
Same area · Richmond West
#1,504 / 2,134
Bottom 30% · Avg 493.6k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1991
0255075100
Same streetBottom 49%Same areaBottom 45%CitywideTop 22%

Lot Size

around average
5,520 sqft
0255075100
Same streetBottom 20%Same areaBottom 41%CitywideTop 42%

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

56 Millstream Way — 7 amenities found within 500 m, across 2 categories, including 1 education (nearest 331 m), 6 parks (nearest 284 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

56 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.

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