Property score
47.1
Below average
Overall 47.1 · Smaller but newer than most nearby homes
725 sqft (bottom 28%) · Built in 1977 (3 yrs older than avg)
Located in a average-income area with median household income of ~48.4k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 13 dining spots, 2 healthcare facilitys, 4 shops, and 3 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Above average
3 yrs older than neighborhood avg.
Mother tongue
English · 44%Chinese · 8%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
434
159.2k
$183/sqft
1980
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47.1 is composed by the two sections below.
Property Score
Community Score
Fort Richmond
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111138
$48K
Median household income
$61K
Average household income
34%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
40%
Single-person households
18%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
303-3030 Pembina Highway — 30 amenities found within 500 m, across 8 categories, including 13 dining (nearest 128 m), 2 healthcare (nearest 129 m), 4 shopping (nearest 132 m).
Fort Richmond · WPS public data · 2026
Annual incidents
38
2026
vs. city avg
+29%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 303-3030 Pembina Highway, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 725 sqft condo unit in a well-established 1977 building on Pembina Highway in Fort Richmond. Its key characteristic is its exceptionally low assessed value, which is among the lowest 1% of comparable properties in both the immediate area and citywide. The living space is modest and below the local average, but the building itself is older than many others in Fort Richmond, suggesting a more mature, settled complex.
The primary appeal lies in ultra-affordable entry into the Winnipeg market. The very low property taxes resulting from the assessment make for predictable, minimal carrying costs. It suits pragmatic first-time buyers or investors seeking a straightforward, low-cost holding. Its location on a major transit and commercial artery offers convenience, though it may come with typical highway corridor noise. This unit is not about luxury or space; it’s a functional and financially efficient foothold in the city.
Section 2: Frequently Asked Questions
1. Why is the assessed value so low?
Assessments are based on market value and comparable sales. This unit’s ranking indicates its value is consistently at the very bottom tier for condos, likely due to its smaller size, building age, and specific location within the complex (e.g., lower floor, highway-facing).
2. What are the condo fees, and what do they cover?
This is the most critical question for affordability. The listing data does not include monthly condo fees. You must obtain this information directly, as high fees could offset the benefit of low property taxes.
3. Is this a good investment property?
Given the low purchase price and taxes, it could offer a positive cash flow if rented. However, the potential for significant appreciation in capital value may be limited compared to newer or larger units, making it more suited to an investor focused on rental income rather than resale value.
4. How does the 1977 building age affect the unit?
While the building is older than many in Fort Richmond, its systems (roof, windows, plumbing) may have been updated over time. A review of the condo corporation’s reserve fund study is essential to understand the financial health of the building and plan for future special levies.
5. What is it like living on Pembina Highway?
Expect constant traffic noise and activity. The major benefit is unparalleled access to buses, shops, and services right at your doorstep. It’s ideal for those who prioritize transit and convenience over a quiet, residential street atmosphere.
