6 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, 4 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
304k
0255075100
Same streetTop 8%Same areaBottom 47%CitywideBottom 30%
Same street · Richmond Way
#1 / 12
Top 8% · Avg 277.7k
Same area · West Wolseley
#19 / 36
Bottom 47% · Avg 386.4k
Citywide · Winnipeg
#135,349 / 194,458
Bottom 30% · 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

6 Richmond Way — 35 amenities found within 500 m, across 8 categories, including 22 dining (nearest 105 m), 1 education (nearest 286 m), 4 healthcare (nearest 127 m).

Search radius
🍽️Dining22
🏫Education1
🏥Healthcare4
🛒Shopping1
🌳Parks3
🏦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 7/2024CA$250k–300k
Sold price

Same street

Top 20%

Same area

Bottom 46%

City-wide

Bottom 37%
Sold 8/2019CA$250k–300k
Sold price

Same street

Top 40%

Same area

Bottom 38%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 6 Richmond Way, Winnipeg

6 Richmond Way – Property Summary

Key Characteristics & Buyer Profile

This is a 1,352 sqft home built in 1989, sitting on a 1,497 sqft lot in West Wolseley, Winnipeg. Its standout feature is the year built. On its street, it ranks #1 of 12 for newness, and in the neighbourhood it ranks #1 of 36—meaning it’s one of the newest homes in an area where the average build date is 1950. The living area is above average for the street (top 8%) and slightly above the neighbourhood norm, though roughly in line with citywide averages. The assessed value of $304k is notably above the street average of $277.7k, but below the neighbourhood and city averages, which sit around $386k–$390k.

The appeal here is subtle. You’re getting a newer build in an older, established neighbourhood, which means modern construction (likely better insulation, electrical, layout) without the premium price tag of a newer subdivision. The trade-off is the lot size: at 1,497 sqft, it’s small even by city standards (bottom 1% citywide). This isn't a home for someone wanting a large yard or garden space.

This property suits a buyer who values a move-in-ready, low-maintenance home in a central, character-rich area like Wolseley, and who is willing to sacrifice outdoor space for a newer interior. It could work well for a first-time buyer, a downsizer, or someone looking for a rental with decent city access. The assessed value being below the neighbourhood average suggests possible upside, but the small lot limits land-value appreciation potential.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby, and what does that mean for property taxes?
The assessed value of $304k is above the street average but well below the West Wolseley neighbourhood average of $386k. Property taxes are based on this assessed figure, so you’re likely paying less in tax than many neighbours in older, higher-value homes. However, because it’s a newer build, the assessment may be more reflective of current replacement cost rather than local sale trends.

2. The land area is very small—what are the practical limits?
At 1,497 sqft, the lot is roughly 30 feet wide and 50 feet deep. That limits expansion possibilities (no adding a large garage or significant rear addition without variances). It also means minimal private outdoor space. If you want a garden, you’d need to be creative with container planting or a very small patch. Street parking may also be a consideration.

3. Why is the year built ranked #1 in the neighbourhood when there are other homes from the same era?
The neighbourhood average year built is 1950, meaning most homes are 1940s to 1960s construction. Even if there are a few other 1980s homes, this property’s 1989 build date is newer than nearly all of them. The ranking is based on a direct comparison of all 36 properties in the defined group, and in this case, 1989 is the newest.

4. How does the living area compare to other homes that have been updated or renovated?
The living area of 1,352 sqft is above the street average (top 8%), but in a neighbourhood full of older homes, many have been expanded or have finished basements. So this home’s usable square footage may be lower than some nearby renovated properties. The ranking compares raw living area against other homes, not accounting for basement finishes or additions.

5. What does "comparable homes" mean in these rankings?
The data uses a benchmark of roughly similar homes—likely based on property type, age range, and location. The "avg" figures are rough medians, not exact averages. The rankings show how this property compares within three scopes: street, neighbourhood, and city. For a more detailed side-by-side, the neighbourhood map analysis is recommended.