Property score
73.1
Good
Overall 73.1 · Older than most nearby homes
1,378 sqft (top 42%) · Built in 1954 (18 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, 2 parks, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
18 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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73.1 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” (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
616 Patricia Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 129 m), 2 parks (nearest 361 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 30% | Top 35% | Top 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Bottom 34% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 616 Patricia Avenue, Fort Richmond
Key Characteristics & Appeal
This one-storey home in Fort Richmond is defined by a rare and valuable combination: a modest, renovated house on an exceptionally large lot. Built in 1954, the 1,378 sqft dwelling sits on a 12,943 sqft property—a land size that ranks in the top 1-4% of the local area, street, and city. This creates immediate potential for expansion, gardening, or simply enjoying expansive outdoor space. The home itself is above average in size for its immediate street and features a renovated basement.
Its primary appeal lies in this land-to-building ratio. It suits a specific buyer: someone who values space and future potential over a move-in-ready modern footprint. It’s ideal for a growing family seeking room for a future addition, a multi-generational household considering a secondary suite, or a buyer with a vision for extensive landscaping, gardens, or outdoor living. The renovated basement adds functional living space, making it practical for today while the large lot secures options for tomorrow.
Frequently Asked Questions
1. Is the large lot size a common feature in this neighborhood?
No. The property’s lot is approximately double the average size for Fort Richmond and ranks in the elite top 4% of the area, making it a standout feature.
2. The home was built in 1954. What should I consider?
While the basement has been renovated, the core structure is 72 years old. A thorough inspection is essential to understand the condition of major aging components like the roof, foundation, and plumbing, which should be factored into planning and budgeting.
3. How does the assessed value relate to the likely selling price?
The assessed value is for taxation purposes and is often lower than market value. Recent sold price data from 2023 suggests a market value in a similar range, but current conditions will ultimately determine the price.
4. What are the implications of the one-storey design?
This layout offers excellent accessibility and single-level living, which can be a long-term advantage. However, it means all primary living spaces are on one floor, so the lot size offers the main opportunity to increase overall square footage.
5. The sold price history shows a significant increase between 2017 and 2023. What does this indicate?
It reflects strong market appreciation over that six-year period, likely bolstered by the home’s renovations and, most significantly, its substantial and desirable lot. This trend highlights the property’s value growth potential.
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