Property score
67.9
Good
Overall 67.9 · Smaller and older than most nearby homes
1,000 sqft (bottom 12%) · Built in 1967 (5 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 65%Chinese · 12%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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67.9 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” (Detached houses (non-condo), 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: #46111011
$97K
Median household income
$122K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
21%
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 land area, larger = better rank
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
592 Patricia Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 297 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 | Top 19% | Top 29% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 592 Patricia Avenue, Fort Richmond, Winnipeg
Key Characteristics & Buyer Appeal
This 1,000 sqft, one-storey home, built in 1967, presents a compelling mix of modest living space and a generous, above-average lot. Its primary appeal lies in its significant 9,029 sqft land area, which ranks in the top 11% for the Fort Richmond neighbourhood, offering substantial outdoor potential. The home features an attached garage and a renovated basement, adding functional living space. While the house itself is smaller than many area comparables, its assessed value is solidly average to above-average for its immediate street and community, suggesting the property's value is anchored by its land. This home would suit a buyer looking for a manageable single-level layout with the rare advantage of a large yard for gardening, expansion, or simply enjoying private outdoor space. It’s a practical choice for downsizers, first-time buyers comfortable with a cozier footprint, or those with a vision to potentially leverage the lot size for future improvements.
Frequently Asked Questions
1. Is the living area too small compared to other homes?
At 1,000 sqft, the living area is below the average for both Fort Richmond and the city. However, the renovated basement provides additional finished space, and the trade-off is a much larger-than-average yard, which is a key feature of this property.
2. What does the assessed value tell us about the property?
The assessed value is above average for Patricia Avenue itself and around average for the wider area. This indicates that while the home is modest in size, the overall property valuation holds up well, likely supported by the desirable lot size and the renovated basement.
3. How does the large lot size benefit a buyer?
A lot of this size (top 7% on the street) is uncommon in mature neighbourhoods. It offers ample room for landscaping, recreation, gardening, or future additions like a deck, shed, or even an extension, subject to zoning and permits.
4. The home was last sold in March 2023. What does that recent activity suggest?
The relatively recent sale suggests the current market value is well-established. A review of the exact sold price (available by request) would provide a clear, modern benchmark for its worth, independent of the assessed value for tax purposes.
5. Who might this property not suit?
Buyers seeking a large, modern interior without immediate renovation plans may find the living space limiting. It’s also less suited for those who prioritize a low-maintenance, small yard. The value here is for those who see potential in the land and the renovated basement.
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