677 Patricia Avenue

Fort Richmond, Winnipeg

Property score

67.9

Good

Overall 67.9 · Smaller and older than most nearby homes

1,000 sqft (bottom 12%) · 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

30% 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)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

67.9 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,000 sqft52Fair
Year Built196446Low
Lot Size5,827 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46111013

Community deep dive

$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

Population, labour & age

Population (2021)585
Labour force participation rate53%
Median age38.0
Avg household size2.9
Unemployment rate6%
Population density2250 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households20%
Couple families with children30%
Median household income (2020)$113K

Housing

Renter households13%
Condominium dwellings6%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority52%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

below average
1,000 sqft
0255075100
Same streetBottom 19%Same areaBottom 12%CitywideBottom 26%
Same street · Patricia Avenue
#56 / 69
Bottom 19% · Avg 1,282 sqft
Same area · Fort Richmond
#2,303 / 2,629
Bottom 12% · Avg 1,421 sqft
Citywide · Winnipeg
#143,718 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
370k
0255075100
Same streetBottom 19%Same areaBottom 15%CitywideTop 47%
Same street · Patricia Avenue
#56 / 69
Bottom 19% · Avg 412.6k
Same area · Fort Richmond
#2,228 / 2,629
Bottom 15% · Avg 435.7k
Citywide · Winnipeg
#91,333 / 194,458
Top 47% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 42%Same areaBottom 8%CitywideBottom 46%

Lot Size

around average
5,827 sqft
0255075100
Same streetBottom 19%Same areaBottom 15%CitywideTop 36%

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

677 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 164 m), 2 parks (nearest 126 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 5/2022CA$400k–450k
Sold price

Same street

Top 26%

Same area

Top 34%

City-wide

Top 32%
Sold 6/2019CA$300k–350k
Sold price

Same street

Bottom 15%

Same area

Bottom 14%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 677 Patricia Avenue, Winnipeg

Property Summary: 677 Patricia Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 1964, situated on a standard-sized lot in the established Fort Richmond neighbourhood. Its key characteristic is its updated basement, which adds valuable finished living space to the home's 1,000 sqft main floor. The property presents a practical, no-frills offering with a recent sale history, having sold in 2022 and again in 2019.

The appeal lies in its turn-key condition, particularly the renovated basement, and its position in a stable, mature community. It suits first-time homebuyers seeking an affordable entry into the Winnipeg market without a major renovation project, or downsizers looking for a manageable single-level layout. A thoughtful perspective is that, while the home's living area is below average for its immediate street and area, its assessed value is very close to the citywide average. This suggests you are paying primarily for the location and the lot, with the home itself representing a more modest structure—a sensible trade-off for budget-conscious buyers prioritizing neighbourhood over square footage.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others?
At 1,000 sqft of living area, this home is smaller than most comparable properties on Patricia Avenue and in the wider Fort Richmond area. However, it is very close to the average size for a home across the entire city of Winnipeg.

2. What does the assessed value tell me?
The City's assessed value of $370,000 is below average for Fort Richmond but aligns almost exactly with the average assessed value for all Winnipeg homes. This indicates the property is priced for a city-wide market rather than being premium for its specific neighbourhood.

3. Is the lot size a pro or a con?
The lot of 5,827 sqft is slightly below average for the area but is a standard city lot. It offers adequate outdoor space for gardening or recreation without the maintenance demands of a much larger yard.

4. What can recent sale prices indicate?
The home sold in mid-2022 and previously in mid-2019. These recent, relatively frequent sales suggest the property is seen as a liquid asset in its price range, often appealing to investors or buyers looking for a shorter-term holding.

5. Who might this property not suit?
It may not suit buyers looking for a large, modern interior space or multiple above-ground bedrooms, as it is a compact one-storey plan. Those seeking a premium "best on the block" status or extensive upgrade potential may also find the below-average metrics for the immediate area limiting.

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