4 Richmond Way

West Wolseley, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Larger and newer than most nearby homes

1,352 sqft (top 28%) · Built in 1989 (39 yrs newer than avg)

Located in a average-income area with median household income of ~56k

Transit 92.0 · 3-min walk to transit with 9 nearby routes · Within 500m: 22 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby

Living Area

Above average

2% larger than neighborhood avg.

Year Built

Above average

39 yrs newer than neighborhood avg.

Mother tongue

English · 78%Punjabi · 3%

Past 10 years West Wolseley sales snapshot (~80% of all data)

Sold Count

13

Median price

362.5k

$/sqft

$324/sqft

Avg build year

1950

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Property score

60.8 is composed by the two sections below.

Property Score

60.0Fair
Living Area71
1,352 sqftGood
Year Built78
1989Good
Lot Size5
1,497 sqftLow
Neighbourhood Sales Activity20
Low

Community Score

61.9Fair
Household Income60
Fair
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need50
Fair
Employment Health42
Low

Neighbourhood Sales

West Wolseley

How to read: Share of sales in each ~$50k price band for “west wolseley” (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: #46110112

Community deep dive

$56K

Median household income

$90K

Average household income

18%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.3

P90 / P10 ratio

50%

Single-person households

12%

Families with children

Population, labour & age

Population (2021)525
Labour force participation rate52%
Median age49.6
Avg household size1.8
Unemployment rate10%
Population density1500 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households50%
Couple families with children12%
Median household income (2020)$56K

Housing

Renter households41%
Condominium dwellings18%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority24%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

above average
1,352 sqft
0255075100
Same streetTop 8%Same areaTop 28%CitywideTop 38%
Same street · Richmond Way
#1 / 12
Top 8% · Avg 1,352 sqft
Same area · West Wolseley
#10 / 36
Top 28% · Avg 1,321 sqft
Citywide · Winnipeg
#74,595 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
289k
0255075100
Same streetTop 17%Same areaBottom 42%CitywideBottom 26%
Same street · Richmond Way
#2 / 12
Top 17% · Avg 277.7k
Same area · West Wolseley
#21 / 36
Bottom 42% · Avg 386.4k
Citywide · Winnipeg
#143,334 / 194,458
Bottom 26% · Avg 390.1k

Year Built

Elite
1989
0255075100
Same streetTop 8%Same areaTop 3%CitywideTop 23%

Lot Size

around average
1,497 sqft
0255075100
Same streetTop 50%Same areaBottom 17%CitywideBottom 1%

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

4 Richmond Way — 35 amenities found within 500 m, across 8 categories, including 22 dining (nearest 105 m), 1 education (nearest 292 m), 3 healthcare (nearest 128 m).

Search radius
🍽️Dining22
🏫Education1
🏥Healthcare3
🛒Shopping1
🌳Parks4
🏦Finance1
Worship2
🏛️Government1

Crime & Safety

West Wolseley · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

100%

Sales History

Sold 5/2019CA$250k–300k
Sold price

Same street

Bottom 40%

Same area

Bottom 31%

City-wide

Bottom 32%
Sold 5/2017CA$250k–300k
Sold price

Same street

Bottom 20%

Same area

Bottom 23%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 4 Richmond Way, Winnipeg

4 Richmond Way – Property Summary

Key Characteristics & Buyer Profile

This is a 1989-built home with 1,352 sq ft of living space, situated on a 1,497 sq ft lot in the West Wolseley neighbourhood of Winnipeg. Where it stands out most is its age: it’s the newest house on its street, and ranks 1st out of 36 homes in the community for build year—an unusual find in a neighbourhood where most homes date from around 1950. Living space is above average locally (1st on the street, 10th in the community), and the assessed tax value of $289,000 is slightly above the street average but well below the community and city norms. Lot size, however, is on the smaller side—close to the street average but significantly less than the typical West Wolseley property.

The appeal here is a balance of newer construction and a manageable footprint. Buyers who want a home that’s more recent and likely requires less immediate updating—especially compared to the older stock nearby—will find this attractive. It’s also priced below the typical assessed value for the area, which could mean a more accessible entry point into a desirable neighbourhood. The small lot may not suit someone looking for extensive outdoor space, but it could appeal to those wanting a lower-maintenance property. Ideal buyers include first-time homeowners, downsizers, or anyone prioritizing interior condition and modern build quality over yard size.


Five Possible FAQs

1. Why is the assessed value so much lower than the neighbourhood average?
West Wolseley has many older, larger homes that have appreciated significantly. This property’s 1989 build and smaller lot likely keep its assessed value below the community median, even though it’s above the street average.

2. How does a 1989 build compare to the older homes in the area?
It’s newer than about 97% of homes in West Wolseley, which means it may have more modern framing, wiring, and insulation standards. That said, it’s still over 35 years old, so some systems could need attention depending on maintenance history.

3. Is the small lot a drawback in this neighbourhood?
It depends on your priorities. The lot is typical for the street but small by community standards. If you value yard space, it might feel tight. But a smaller lot often means less upkeep and a lower purchase price relative to neighbours.

4. How does the living space compare to similar properties?
It’s above average on the street and in the community, and essentially average city-wide. At 1,352 sq ft, it’s a solid size for a 2–3 bedroom home, but not oversized.

5. What’s the significance of the ranking data?
The rankings compare this home to others of the same type within the street, community, and city. The key takeaway: it’s outstanding for build year, strong for living space, average for assessed value relative to the street, and below average for lot size. Use the percentages to gauge how it stacks up for each metric.