680 Patricia Avenue

Fort Richmond, Winnipeg

Property score

66.3

Good

Overall 66.3 · Smaller and older than most nearby homes

1,070 sqft (bottom 20%) · Built in 1964 (8 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Below average

8 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

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Property score

66.3 is composed by the two sections below.

Property Score

57.0Fair
Living Area52
1,070 sqftFair
Year Built46
1964Low
Lot Size85
6,601 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

80.2Excellent
Household Income83
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
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: #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

around average
1,070 sqft
0255075100
Same streetBottom 36%Same areaBottom 20%CitywideBottom 36%
Same street · Patricia Avenue
#44 / 69
Bottom 36% · Avg 1,282 sqft
Same area · Fort Richmond
#2,093 / 2,629
Bottom 20% · Avg 1,421 sqft
Citywide · Winnipeg
#125,202 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetBottom 39%Same areaBottom 32%CitywideTop 40%
Same street · Patricia Avenue
#42 / 69
Bottom 39% · Avg 412.6k
Same area · Fort Richmond
#1,795 / 2,629
Bottom 32% · Avg 435.7k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

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

Lot Size

above average
6,601 sqft
0255075100
Same streetTop 30%Same areaBottom 48%CitywideTop 21%

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

680 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 192 m), 2 parks (nearest 175 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 6/2024CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 39%

City-wide

Top 33%
Sold 9/2017CA$250k–300k
Sold price

Same street

Bottom 4%

Same area

Bottom 7%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 680 Patricia Avenue, Winnipeg

Property Overview: 680 Patricia Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond presents a practical opportunity with notable upside. Its key characteristic is the generous 6,601 sqft lot, placing it in the top 30% for size on its street, offering ample outdoor space uncommon for the area. The home itself is a manageable 1,070 sqft bungalow from 1964, featuring a renovated basement and a detached garage.

The appeal lies in its balance of established neighbourhood character and clear potential. The significant price appreciation from $290,000 in 2017 to $400,000 in 2024 indicates strong market confidence in the location. It suits two primary buyer types: those seeking a solid starter home with room to grow into the large yard, and value-oriented buyers or investors who see the potential in the existing structure and lot size, possibly for future updates or expansion. It’s a property where the land is a major asset, offering more privacy and options than many modern infill lots.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
Fort Richmond is a mature, established neighbourhood near the University of Manitoba, offering a mix of residential streets, convenient amenities, and access to major routes. The area is known for its stability and community feel.

2. What does "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. A viewing is essential to assess the finishes, ceiling height, legal egress, and whether it includes a bathroom or kitchenette to understand its full functionality.

3. Why is the assessed value so much lower than the recent sale price?
The municipal assessed value of $39,200 is for taxation purposes and is typically based on older market data and mass appraisal methods. The recent sale price of $400,000 reflects the current market value determined by a willing buyer and seller.

4. Is there room for an addition or major renovation?
The large lot size is a significant advantage for potential expansion, subject to local zoning bylaws and setback requirements. Buyers with renovation plans should investigate the feasibility with the city early in the process.

5. How does this home compare to others on the street?
The home ranks in the top half of the street for lot size but is newer and has more living area than roughly a third of the street's homes. This suggests it is a competitively sized property on a larger-than-average parcel for the block.