Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pembina Highway): Below Average. Ranked #997 out of 1,121 (Bottom 11%). The street average for comparable homes is 1,031 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #523 out of 653 (Bottom 20%). The neighborhood average for comparable homes is 894 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #23,307 out of 26,841 (Bottom 13%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pembina Highway): Below Average. Ranked #1,031 out of 1,121 (Bottom 8%). The street average for comparable homes is 221.4k.
Neighborhood Level (Fort Richmond): Below Average. Ranked #562 out of 653 (Bottom 14%). The neighborhood average for comparable homes is 185.3k.
Citywide Level (Winnipeg): Below Average. Ranked #25,148 out of 26,841 (Bottom 6%). The citywide average for comparable homes is 276.9k.
Street Level (Pembina Highway): Below Average. Ranked #937 out of 1,121 (Bottom 16%). The street average for comparable homes is 1987.
Neighborhood Level (Fort Richmond): Below Average. Ranked #444 out of 653 (Bottom 32%). The neighborhood average for comparable homes is 1980.
Citywide Level (Winnipeg): Below Average. Ranked #20,301 out of 26,841 (Bottom 24%). The citywide average for comparable homes is 1990.
Fort Richmond market pulse
How to read: Share of sales in each ~$50k price band for “fort richmond” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
115-3000 Pembina Highway — 35 amenities found within 500 m, across 8 categories, including 17 dining (nearest 159 m), 2 healthcare (nearest 154 m), 6 shopping (nearest 191 m).
Crime & safety
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 115-3000 Pembina Highway. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 115-3000 Pembina Highway, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 695 sqft condominium in a building constructed in 1974 on Pembina Highway. The data presents a clear profile: it is a smaller, older unit with a notably low municipal assessed value and correspondingly low recent sale prices compared to averages in its immediate area, the neighbourhood, and city-wide. Its appeal lies squarely in affordability and function. This is one of the most accessible entry points into the Fort Richmond market, a neighbourhood known for its proximity to the University of Manitoba, major retail corridors, and good transit. The very low carrying costs, evidenced by the assessed value, make it a candidate for budget-conscious buyers, including first-time investors looking for a rental property with a low entry point, or a minimalist owner-occupant who prioritizes location over space. It suits a pragmatic buyer who views a home as a utility—a place to live or generate rental income without a large financial commitment. A less obvious perspective is its potential as a "value-hold" in a well-established location; while the unit itself is below average in size and age, it allows ownership in a stable area where future land or redevelopment value could be a long-term factor, albeit speculative.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than other properties?
Municipal assessed value is primarily for tax purposes and is based on factors like unit size, building age, and recent sales of similar properties in the area. This unit's smaller size and older building age result in a lower assessment, which translates to lower property taxes.
2. What does the ranking data (e.g., "Top 89%") mean for living area?
Rankings compare this unit to similar properties. "Top 89%" for living area on Pembina Highway means approximately 89% of comparable condo units on the street are larger. This confirms the unit is compact relative to its direct peers.
3. Who would this property be most suitable for?
It is best suited for first-time buyers or investors with a strict budget. An owner-occupant would need to be comfortable with a smaller, older space. An investor could see it as a lower-cost rental opportunity in a high-demand student and transit corridor.
4. Are the sold price ranges shown the exact sale prices?
No, the listed prices are estimated ranges from public data. To obtain the exact historical sale prices for this unit, you must request them via the email system provided on the listing page.
5. What are the main trade-offs with this property?
The primary trade-off is space and modernity for price and location. You gain significant affordability and a strategic location in Fort Richmond but in a smaller, 50-year-old building. Potential for higher maintenance fees or special assessments in an older building should also be considered.