Property score
68.8
Good
Overall 68.8 · Smaller and older than most nearby homes
1,140 sqft (bottom 26%) · Built in 1963 (9 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
9 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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68.8 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
608 Patricia Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 188 m), 1 parks (nearest 423 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 15% | Bottom 14% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 608 Patricia Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This is a classic, one-storey home built in 1963, situated on a generous 6,471 sqft lot in the established Fort Richmond neighbourhood. With 1,140 sqft of living space, a detached garage, and an unrenovated basement, it presents as a straightforward, no-frills property. Its core appeal lies in its solid foundation and significant potential. The assessed value is notably below average for both the street and the neighbourhood, which can indicate an entry-level price point for the area. The lot size is a standout feature, ranking above average city-wide, offering ample outdoor space for gardening, play, or future expansion.
This home is ideally suited for first-time buyers, hands-on renovators, or value-focused investors. It appeals to those who see opportunity in a property that requires modernization, allowing them to add value according to their own taste and budget. The large lot is a significant asset for anyone prioritizing outdoor space over a large interior footprint. It’s a practical choice for buyers comfortable with a project, offering a chance to enter a mature neighbourhood at a potentially accessible price.
Frequently Asked Questions
1. What does "below average" assessed value for the street and neighbourhood actually mean?
It indicates that the city's tax assessment for this home is lower than most comparable properties nearby. This often reflects the home's original condition and can suggest a more affordable purchase price, but it's essential to verify with a current market appraisal.
2. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is in a rough, unfinished state. It offers blank-canvas potential for development but will require significant investment to become livable space.
3. How does the large lot size benefit a buyer?
Beyond providing more private outdoor space, a larger lot in an older neighbourhood can offer long-term flexibility. It may allow for additions like a larger garage, a garden suite (subject to zoning), or simply preserves a sense of openness that is less common in newer subdivisions.
4. The home last sold in 2016. Should I be concerned about why it was held for so long?
Not necessarily. A long ownership period in a stable, mature neighbourhood like Fort Richmond often indicates a well-maintained, lived-in home. It’s more a sign of neighbourhood stability than a red flag, but a thorough home inspection is always recommended.
5. What are the less obvious costs or considerations with a home from 1963?
While systems like roofing and wiring may have been updated, be prepared for age-related maintenance. The charm of an older home comes with the responsibility of potentially updating foundational elements (like plumbing or insulation) to modern standards, which should be factored into renovation plans and budgets.
