641 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

86.3

Excellent

Overall 86.3 · Larger and newer than most nearby homes

2,837 sqft (top 2%) · Built in 2004 (32 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

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

Above average

100% larger than neighborhood avg.

Year Built

Above average

32 yrs newer than neighborhood avg.

Mother tongue

English · 53%Chinese · 15%

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

86.3 is composed by the two sections below.

Property Score

93.3Excellent
Living Area98
2,837 sqftExcellent
Year Built87
2004Excellent
Lot Size88
7,255 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

75.9Good
Household Income72
Good
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
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: #46111010

Community deep dive

$72K

Median household income

$106K

Average household income

18%

Low income (LIM-AT)

0.4

Income inequality (Gini)

6.4

P90 / P10 ratio

34%

Single-person households

10%

Families with children

Population, labour & age

Population (2021)853
Labour force participation rate60%
Median age33.6
Avg household size2.2
Unemployment rate7%
Population density325 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households34%
Couple families with children10%
Median household income (2020)$72K

Housing

Renter households26%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority51%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 53%
Mother tongue (2nd)Chinese · 14%

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

Rankings

Living Area

Elite
2,837 sqft
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 1%
Same street · Pasadena Avenue
#3 / 81
Top 4% · Avg 1,319 sqft
Same area · Fort Richmond
#42 / 2,629
Top 2% · Avg 1,421 sqft
Citywide · Winnipeg
#2,726 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
723k
0255075100
Same streetTop 5%Same areaTop 3%CitywideTop 3%
Same street · Pasadena Avenue
#4 / 81
Top 5% · Avg 416.8k
Same area · Fort Richmond
#69 / 2,629
Top 3% · Avg 435.7k
Citywide · Winnipeg
#6,566 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 5%Same areaTop 1%CitywideTop 15%

Lot Size

above average
7,255 sqft
0255075100
Same streetBottom 14%Same areaTop 29%CitywideTop 15%

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

641 Pasadena Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 418 m), 1 parks (nearest 387 m).

Search radius
🏫Education1
🌳Parks1
Worship1

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 1/2018CA$650k–700k
Sold price

Same street

Top 6%

Same area

Top 2%

City-wide

Top 4%

Related homes

Highlights & common questions: 641 Pasadena Avenue, Winnipeg

Property Overview

641 Pasadena Avenue is a spacious, modern two-storey home in Winnipeg's Fort Richmond neighborhood. Built in 2004, it stands out for its generous living space and recent updates, offering a move-in-ready opportunity in a well-established area.

Key Characteristics & Appeal

The home’s primary appeal lies in its significant size and modern foundation. With nearly 2,840 square feet of living space, it ranks within the top 4% of homes on its street and the top 2% in Fort Richmond for area. This is complemented by a fully renovated basement, adding valuable functional space. The attached garage and a sizable 7,255 sqft lot provide practical family living with room for outdoor activity.

A key, less obvious strength is its relative newness for the area. Built in 2004, it is significantly newer than most neighboring homes, suggesting modern construction standards, efficient systems, and less immediate need for major updates. The data shows its assessed value is consistently in the top tier for its street, neighborhood, and city-wide, indicating a strong and recognized market position.

This property is ideally suited for growing or multi-generational families seeking ample indoor space without taking on a renovation project. It would also appeal to value-conscious buyers looking for a modern home in a mature neighborhood with established amenities, schools, and infrastructure.

Frequently Asked Questions

1. What is the exact recent sale price?
The provided data shows a sale occurred in January 2018 for an estimated range. For the precise sale price, you can request the information via email from the listing source, which provides this detail manually.

2. How does the lot size compare to others?
The lot is 7,255 sqft. While it is slightly below the average for Pasadena Avenue itself, it remains above the average lot size for both Fort Richmond and the city of Winnipeg as a whole, offering a very generous yard.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the space.

4. Why is the assessed value notably higher than area averages?
The assessed value of $72.3k (note: this figure likely represents a provincial assessment value, not a market price) ranks in the top 5% locally. This is directly attributable to the home's large square footage, newer age, and renovations, which collectively increase its taxable value compared to older, smaller homes in the area.

5. Is this a good long-term investment for the area?
The home's elite rankings for size, age, and value within Fort Richmond suggest it is a premium property in the neighborhood. Its modern attributes in an established area often contribute to stable, long-term value retention, but specific market conditions should be discussed with a local real estate professional.