Property score
67.9
Good
Overall 67.9 · Smaller and older than most nearby homes
1,090 sqft (bottom 24%) · Built in 1964 (8 yrs older than avg)
Located in a high-income area with median household income of ~113k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 64%Chinese · 6%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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67.9 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: #46111013
$113K
Median household income
$124K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
20%
Single-person households
30%
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
673 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 148 m), 2 parks (nearest 134 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 | Bottom 7% | Bottom 12% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 673 Patricia Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1964, offering 1,090 sqft of living space on a 5,827 sqft lot. Its key feature is a renovated basement, adding valuable finished space. The home lacks a garage or pool. Its appeal lies in its practicality and position as a relatively affordable entry point into the established Fort Richmond neighbourhood. The lot size, while below average for the immediate area, is still generous by city-wide standards, offering good outdoor potential.
The property suits first-time buyers or downsizers seeking a manageable, single-level layout without the premium price of a larger or newer home. Its below-average assessed value for the street and area suggests a potentially lower property tax burden, which is a practical advantage. A thoughtful perspective is that this home represents a "value-play" in the neighbourhood—it’s not the biggest or newest on the block, but it provides the location and essentials, with the renovated basement being a clear move-in ready bonus. It’s for a buyer who prioritizes community and function over prestige or expansive square footage.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and functionality of the space.
2. Is there potential to add a garage in the future?
Given the lot size is below the area average but still substantial, there may be space for a driveway and detached garage, subject to local zoning bylaws and setback requirements. A survey and permit inquiry would be necessary.
3. How do the property taxes compare?
With an assessed value significantly below the averages for both Patricia Avenue and Fort Richmond, the municipal property taxes for this home are likely lower than those for many neighbouring properties.
4. What is the typical price range for homes on this street?
Recent sales data for comparable homes on Patricia Avenue (with similar size, age, and value) have historically ranged from approximately $29,500 to $32,500, based on a sale in late 2021. Current market conditions will affect today’s value.
5. Are the mechanical systems (roof, furnace, etc.) original?
As a home built in 1964, major components may have been updated over time. The age and condition of the roof, heating system, windows, and plumbing should be verified through a professional home inspection.
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