634 Patricia Avenue

Fort Richmond, Winnipeg

Property score

63.0

Fair

Overall 63.0 · Smaller than most nearby homes

974 sqft (bottom 11%) · Built in 1970 (2 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

Below average

31% smaller than neighborhood avg.

Year Built

Near average

2 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

63.0 is composed by the two sections below.

Property Score

51.6Fair
Living Area974 sqft42Low
Year Built197052Fair
Lot Size6,472 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

80.2Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health60Fair

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

below average
974 sqft
0255075100
Same streetBottom 12%Same areaBottom 11%CitywideBottom 23%
Same street · Patricia Avenue
#61 / 69
Bottom 12% · Avg 1,282 sqft
Same area · Fort Richmond
#2,340 / 2,629
Bottom 11% · Avg 1,421 sqft
Citywide · Winnipeg
#148,921 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetTop 32%Same areaBottom 48%CitywideTop 35%
Same street · Patricia Avenue
#22 / 69
Top 32% · Avg 412.6k
Same area · Fort Richmond
#1,356 / 2,629
Bottom 48% · Avg 435.7k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 23%Same areaBottom 45%CitywideTop 48%

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

634 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 82 m), 2 parks (nearest 290 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 12/2021CA$300k–350k
Sold price

Same street

Bottom 37%

Same area

Bottom 25%

City-wide

Top 49%

Related homes

Highlights & common questions: 634 Patricia Avenue, Winnipeg

Property Overview: 634 Patricia Avenue, Fort Richmond, Winnipeg

Key Characteristics & Buyer Appeal

This well-situated Fort Richmond home is a classic one-storey bungalow built in 1970, offering a practical and manageable footprint. Its key features include a renovated basement and a detached garage. With 974 sqft of living space, the house itself is notably compact compared to area averages, which may appeal to those seeking lower maintenance and utility costs without sacrificing the benefits of a mature neighbourhood. The lot, however, is a generous 6,472 sqft, providing ample outdoor space that is above average city-wide—a valuable asset for gardening, recreation, or future expansion.

The appeal lies in its balance and potential. The assessed value is consistent with area norms, suggesting a stable, fairly priced entry into the Fort Richmond community, known for its proximity to the University of Manitoba, parks, and amenities. This property would suit first-time homebuyers, downsizers looking for a single-level layout, or pragmatic investors seeking a home with a renovated basement for rental income or a mortgage helper. The combination of a smaller, efficient house on a larger lot offers a less obvious value: the opportunity to live affordably now while holding land with future potential in a well-established area.


Frequently Asked Questions

1. How does the size of this home compare to others in the area?
The living area of 974 sqft is below average for the immediate street, neighbourhood, and city. This indicates a more compact, efficient layout suitable for simpler living.

2. What does the assessed value tell me about this property?
With an assessed value around $41,300, this home sits solidly in the middle range for Fort Richmond and the city. It suggests the property is priced in line with market fundamentals for the area, not an outlier.

3. The home was built in 1970. What should I consider?
While the building is over 50 years old, it is newer than many on its street. A standard home inspection is essential to understand the condition of major aging components like the roof, windows, and foundation, though the basement has been renovated.

4. Is the lot size a significant feature?
Yes. At over 6,400 sqft, the land area is a standout feature, ranking above average city-wide. This provides valuable outdoor space and is a key differentiator from newer properties with smaller lots.

5. Where can I find exact historical sale prices?
The listing service provides estimated sold price ranges. To obtain the exact sale price history, you must request it directly via their email system, as this data is not published publicly on the site.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.