Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pembina Highway): Below Average. Ranked #599 out of 1,121 (Bottom 47%). The street average for comparable homes is 1,031 sqft.
Neighborhood Level (Fort Richmond): Around Average. Ranked #195 out of 653 (Top 30%). The neighborhood average for comparable homes is 894 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #14,486 out of 26,841 (Bottom 46%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pembina Highway): Below Average. Ranked #811 out of 1,121 (Bottom 28%). The street average for comparable homes is 221.4k.
Neighborhood Level (Fort Richmond): Below Average. Ranked #363 out of 653 (Bottom 44%). The neighborhood average for comparable homes is 185.3k.
Citywide Level (Winnipeg): Below Average. Ranked #22,573 out of 26,841 (Bottom 16%). The citywide average for comparable homes is 276.9k.
Street Level (Pembina Highway): Below Average. Ranked #689 out of 1,121 (Bottom 39%). The street average for comparable homes is 1987.
Neighborhood Level (Fort Richmond): Around Average. Ranked #184 out of 653 (Top 28%). The neighborhood average for comparable homes is 1980.
Citywide Level (Winnipeg): Below Average. Ranked #18,777 out of 26,841 (Bottom 30%). 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
614-3030 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).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview
This 960 sqft condo unit at 614-3030 Pembina Highway in Fort Richmond presents a practical, no-frills entry point into the Winnipeg market. Built in 1977, its key appeal lies in its position as a functional and affordable option. The living space is competitively sized for the area, ranking above average within Fort Richmond itself. However, its standout characteristic is a notably low assessed value, which places it well below city-wide averages. This creates a scenario of lower property taxes, a significant ongoing cost saving for an owner.
The unit would suit budget-conscious first-time buyers, investors seeking a rental property with a lower tax overhead, or downsizers prioritizing monthly cost efficiency over modern features. Its location on a major artery offers convenience for transit and access to services, though it may come with associated traffic noise. A less obvious perspective is that a home with a below-average assessed value in an otherwise stable area can represent a calculated opportunity; the potential for future valuation increases may be greater, while you benefit from lower carrying costs in the interim.
Frequently Asked Questions
1. What are the main financial advantages of this property?
The primary advantage is the low assessed value ($15,600), which translates directly to lower annual property taxes compared to most similar-sized homes in the city. This makes the ongoing cost of ownership more manageable.
2. How does the living space compare to other condos?
At 960 sqft, the unit is actually more spacious than many condos in the immediate Fort Richmond area, where it ranks in the top 30%. It offers a practical amount of room without a premium price tag.
3. Is the building’s age (1977) a concern?
The building is approaching 50 years old. While this is around the local average, prospective buyers should pay close attention to the status of the condo corporation’s reserve fund and any recent or planned major repairs (like windows, roofing, or balconies) to understand future special levy risks.
4. What should I know about the location on Pembina Highway?
The location provides excellent access to buses, major retailers, and the University of Manitoba. The trade-off is that units facing the highway will experience consistent traffic noise. It’s a classic convenience-versus-quiet decision.
5. Why is the sold price history shown as a range?
The exact sale prices for Manitoba properties are not publicly available in online databases. The ranges provided are estimates based on publicly accessible data. You can request the precise sale history by emailing the listing service directly.