Cities / Winnipeg

Suburban · Southwest, Winnipeg

Richmond Lakes

A newer southwest neighbourhood of larger detached homes

  • Families with kids
  • Buyers wanting new builds
  • Quiet streets
Map of Richmond Lakes and the neighbouring areas around it South PointeSt. Vital Perimeter SouthSt. NorbertParc La SalleFort RichmondRichmond WestRichmond LakesSt. NorbertSouth PointeRichmond WestParc La Salle1 km
Richmond Lakes in context. Neighbouring areas link to their guides. Boundaries: City of Winnipeg.

At a glance

A newer southwest neighbourhood of larger detached homes, where almost everyone owns. About 96% of homes are detached and 0% are apartments, and 6% of households rent (2016 census).

Median home value (est.)
$417K*
* est.: 2016 census, indexed to September 2026 · city $444K
Residents
1,690
estimate for mid-2025, up from 1,620 at the 2016 census
Households renting
7%
city 35%
Homes that are apartments
0%
city 33%

What the numbers mean

  • Owners valued the median home at $279K in the 2016 census. Indexed to September 2026 prices with the Winnipeg MLS® Home Price Index (+50% since then), that is about $417K, close to the Winnipeg median of $444K. It is an estimate: the index tracks the whole region, not this neighbourhood.
  • 7% of households rent, well below the 35% city-wide. Most people here own and stay a while.
  • 96% of homes are single-detached houses, versus 59% city-wide.
  • Tenants paid a median of $1,544 a month in shelter costs in the 2016 census, which covers all tenants including long-term ones, so a new lease will cost more.

Who lives here

Share of residents by age, estimate for mid-2025, up from 1,620 at the 2016 census.

0-1416%
15-6476%
65+8%

Homes

Share of homes by type, estimate for mid-2025, up from 1,620 at the 2016 census.

Single-detached96%
Row house and semi-detached4%
Apartment0%
Other0%

Upfront closing costs1

Manitoba charges a tiered land transfer tax, topping out at 2% over $200,000. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

Manitoba land transfer tax
$5,990
on $417K
Land titles registration
$140
on $417K
Total
$6,130
1.5% of the price

Typical apartment rent nearby2

Richmond Lakes sits in CMHC's Fort Garry survey zone. October 2025 average rent of purpose-built rental apartments in that zone:

Studio
$1,001
+$87 vs metro average
1 bedroom
$1,458
+$226 vs metro average
2 bedroom
$1,734
+$164 vs metro average
3 bedroom or more
$2,017
+$168 vs metro average

How it's changing

Winnipeg doesn't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Winnipeg. The Winnipeg Police Service doesn't publish open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.

Sources and notes

  1. Source: Province of Manitoba, Land Transfer Tax. 2026 rules, applied to this community's median census home value, indexed to September 2026 with the MLS® HPI. Registration fee shown is for electronic registration of a transfer over $30,000. Legal fees, title insurance, inspection and adjustments are extra. ↩
  2. Source: CMHC Rental Market Survey, Housing Market Information Portal. These are zone averages across all units in apartment buildings of three or more units, not a figure for Richmond Lakes alone, and they are not asking rents. Houses, basement suites and condos rented out by owners are not included. Zones are large, so neighbouring communities can share one figure. ↩