650 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

74.0

Good

Overall 74.0 · Older than most nearby homes

1,396 sqft (top 41%) · Built in 1963 (9 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

74.0 is composed by the two sections below.

Property Score

70.2Good
Living Area1,396 sqft71Good
Year Built196346Low
Lot Size10,581 sqft97Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

above average
1,396 sqft
0255075100
Same streetTop 23%Same areaTop 41%CitywideTop 36%
Same street · Pasadena Avenue
#19 / 81
Top 23% · Avg 1,319 sqft
Same area · Fort Richmond
#1,074 / 2,629
Top 41% · Avg 1,421 sqft
Citywide · Winnipeg
#69,653 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
419k
0255075100
Same streetTop 30%Same areaTop 47%CitywideTop 34%
Same street · Pasadena Avenue
#24 / 81
Top 30% · Avg 416.8k
Same area · Fort Richmond
#1,243 / 2,629
Top 47% · Avg 435.7k
Citywide · Winnipeg
#66,194 / 194,458
Top 34% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetBottom 30%Same areaBottom 5%CitywideBottom 45%

Lot Size

Elite
10,581 sqft
0255075100
Same streetTop 4%Same areaTop 8%CitywideTop 5%

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

650 Pasadena Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 358 m), 1 parks (nearest 294 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 1/2023CA$400k–450k
Sold price

Same street

Top 24%

Same area

Top 22%

City-wide

Top 25%

Related homes

Highlights & common questions: 650 Pasadena Avenue, Winnipeg

Property Overview: 650 Pasadena Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond is defined by its exceptional lot size. At over 10,500 square feet, the land area ranks in the top 5% citywide and the top 4% on its own street, offering a rare level of outdoor space and potential in a mature neighbourhood. The 1,396 sqft living area is above average for the immediate area, and the home features a renovated basement and a detached garage.

The primary appeal lies in this unique combination of a spacious, usable lot with a solidly sized and updated home. It suits buyers looking for a long-term family home with ample room for gardens, play, or future additions, as well as those who value the established character and quiet streets of Fort Richmond. A thoughtful perspective is that while the home itself was built in 1963, its lot size is a non-replicable asset in today’s market, offering a value proposition based more on land than on the building’s age. It’s an ideal fit for buyers whose vision extends beyond the house’s footprint to the property’s overall potential.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for taxation purposes. The recent sold price history (shown as a range) and current market conditions are more direct indicators of fair market value.

2. What are the advantages of a larger, older lot like this?
Beyond privacy and space, it provides flexibility for landscaping, recreational features like a sport court or large patio, and potential for legal suites or additions where zoning allows. It also often means mature trees and established greenery.

3. Are there any concerns with a home from the 1960s?
While the basement has been renovated, a buyer should still consider the age of major systems like plumbing, electrical, and the roof. A thorough inspection is recommended to understand the condition and any needed updates.

4. What is the neighbourhood like for families?
Fort Richmond is a mature, stable community close to the University of Manitoba, offering a mix of residential streets, schools, and amenities. Its appeal is often its quiet, settled atmosphere.

5. How can I find out the exact past sale prices?
Exact sold prices are not publicly posted in Manitoba. As noted on the detail page, you can request this information directly from the site via email; they provide it manually without using your email for marketing.

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.