72 Point West Drive

Richmond West, Winnipeg

Property score

88.7

Excellent

Overall 88.7 · Larger but older than most nearby homes

1,808 sqft (top 25%) · Built in 1985 (8 yrs older than avg)

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

Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 6 parks nearby

Living Area

Above average

12% 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)

Sold Count

800

Median price

514.5k

$/sqft

$315/sqft

Avg build year

1993

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Property score

88.7 is composed by the two sections below.

Property Score

85.0Excellent
Living Area1,808 sqft89Excellent
Year Built198573Good
Lot Size8,529 sqft93Excellent
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
1,808 sqft
0255075100
Same streetTop 11%Same areaTop 25%CitywideTop 17%
Same street · Point West Drive
#12 / 108
Top 11% · Avg 1,594 sqft
Same area · Richmond West
#536 / 2,134
Top 25% · Avg 1,617 sqft
Citywide · Winnipeg
#32,907 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
490k
0255075100
Same streetTop 15%Same areaBottom 49%CitywideTop 21%
Same street · Point West Drive
#16 / 108
Top 15% · Avg 446.7k
Same area · Richmond West
#1,088 / 2,134
Bottom 49% · Avg 493.6k
Citywide · Winnipeg
#41,640 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 34%Same areaBottom 27%CitywideTop 29%

Lot Size

above average
8,529 sqft
0255075100
Same streetTop 21%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

72 Point West Drive — 7 amenities found within 500 m, across 2 categories, including 1 education (nearest 472 m), 6 parks (nearest 97 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

72 Point West Drive: 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: 72 Point West Drive, Winnipeg

Property Summary: 72 Point West Drive, Richmond West, Winnipeg

Key Characteristics & Appeal

This 1,808 sqft bungalow, built in 1985, presents a compelling opportunity defined by its generous space and land. Its primary appeal lies in offering above-average room to grow, both inside and out, within a well-established neighbourhood.

The home’s living area is notably spacious, ranking in the top 11% on its own street and outperforming the majority of comparable homes across Winnipeg. This is complemented by a substantial 8,529 sqft lot, which places it in the top 8% within Richmond West, providing exceptional outdoor space for gardens, recreation, or future expansion.

While the assessed value is strong compared to the city average, it sits around the typical mark for the immediate neighbourhood, suggesting a solid value proposition. The home’s age is a mix: it’s newer than most city-wide comparables but older than many in Richmond West, indicating a mature, settled streetscape.

This property would best suit buyers prioritizing interior space and a large yard over a brand-new build. It’s ideal for families seeking room to spread out, hobbyists or gardeners who value the extensive lot, or those looking for a home with established character and potential in a mature community.


Frequently Asked Questions

1. Is the house significantly larger than others nearby?
Yes. With 1,808 sqft of living area, it is larger than approximately 89% of comparable homes on its street and 75% in the wider Richmond West area.

2. How does the lot size compare?
The lot is a key feature. At over 8,500 sqft, it is significantly larger than most, ranking in the top 10% city-wide and the top 8% within the neighbourhood.

3. Is the assessed value high for the area?
The assessed value of $490k is above average for the street and the city. Within the broader Richmond West neighbourhood, however, it is very close to the average, suggesting it is priced in line with local expectations.

4. The house was built in 1985. Is that older than the neighbourhood norm?
It is slightly older than the Richmond West average for comparable homes (1993), but newer than the Winnipeg city-wide average (1966). This points to a street with well-maintained homes from the 1980s era.

5. What do these rankings mean for resale value?
The strong rankings for living and land area highlight enduring, desirable features that typically support value. The around-average assessment for the neighbourhood suggests there may be less risk of being over-built for the area compared to a vastly larger or more expensive property.

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