632 Patricia Avenue

Fort Richmond, Winnipeg

Property score

72.8

Good

Overall 72.8 · Older than most nearby homes

1,323 sqft (top 45%) · Built in 1965 (7 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 65%Chinese · 12%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

72.8 is composed by the two sections below.

Property Score

67.8Good
Living Area71
1,323 sqftGood
Year Built46
1965Low
Lot Size81
6,472 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

80.2Excellent
Household Income83
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111011

Community deep dive

$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

Population, labour & age

Population (2021)507
Labour force participation rate59%
Median age38.8
Avg household size2.7
Unemployment rate8%
Population density2304 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households21%
Couple families with children18%
Median household income (2020)$97K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority32%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,323 sqft
0255075100
Same streetTop 28%Same areaTop 45%CitywideTop 40%
Same street · Patricia Avenue
#19 / 69
Top 28% · Avg 1,282 sqft
Same area · Fort Richmond
#1,178 / 2,629
Top 45% · Avg 1,421 sqft
Citywide · Winnipeg
#77,986 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 9%Same areaTop 18%CitywideTop 24%
Same street · Patricia Avenue
#6 / 69
Top 9% · Avg 412.6k
Same area · Fort Richmond
#479 / 2,629
Top 18% · Avg 435.7k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 46%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,472 sqft
0255075100
Same streetBottom 48%Same areaBottom 36%CitywideTop 23%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

632 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 87 m), 2 parks (nearest 302 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 11/2020CA$450k–500k
Sold price

Same street

Top 11%

Same area

Top 15%

City-wide

Top 21%

Related homes

Highlights & common questions: 632 Patricia Avenue, Winnipeg

Property Summary: 632 Patricia Avenue, Fort Richmond, Winnipeg

Key Characteristics & Buyer Appeal

This well-situated one-storey home in Fort Richmond offers a practical layout with 1,323 sqft of living space, which is notably above average for its immediate street. Its standout feature is a renovated basement, adding valuable finished space. The property sits on a 6,472 sqft lot, which is generous by city-wide standards, and includes a detached garage. Built in 1965, the home is of a typical vintage for the area.

The primary appeal lies in its strong value proposition within a mature neighbourhood. The assessed value ranks in the top quartile compared to both the local area and the entire city, suggesting a history of solid investment and above-average property worth for its class. This isn't just a standard lot; the data indicates it's a higher-performing asset on its street. It would suit practical buyers looking for a move-in-ready home with a finished basement, those who value a larger lot in a established community, and value-conscious purchasers who appreciate a property with metrics that outperform many of its peers.

Frequently Asked Questions

1. How does this home's value compare to others nearby?
The home's assessed value is notably above average for Patricia Avenue (top 9%) and the wider Fort Richmond area (top 18%), indicating it is considered a higher-value property within its peer group.

2. Is the lot size typical for the neighbourhood?
The lot is around average for the street and Fort Richmond, but ranks above average (top 23%) when compared city-wide, offering more outdoor space than many Winnipeg homes.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finishes, layout, or whether it includes a separate entrance should be verified through a viewing or direct inquiry with the listing agent.

4. How old is this home, and what might that mean for maintenance?
Built in 1965, the home is of an age where some major components (like roof, windows, plumbing, or electrical systems) may have been updated or could be due for attention. A thorough inspection is recommended.

5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide this precise history manually via email upon request, as shown in the sold price history section.