693 Patricia Avenue

Fort Richmond, Winnipeg

Property score

70.8

Good

Overall 70.8 · Smaller and older than most nearby homes

1,105 sqft (bottom 25%) · Built in 1964 (8 yrs older than avg)

Located in a high-income area with median household income of ~113k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

22% 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

70.8 is composed by the two sections below.

Property Score

60.2Fair
Living Area1,105 sqft60Fair
Year Built196446Low
Lot Size5,826 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

around average
1,105 sqft
0255075100
Same streetBottom 42%Same areaBottom 25%CitywideBottom 40%
Same street · Patricia Avenue
#40 / 69
Bottom 42% · Avg 1,282 sqft
Same area · Fort Richmond
#1,973 / 2,629
Bottom 25% · Avg 1,421 sqft
Citywide · Winnipeg
#116,321 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
402k
0255075100
Same streetTop 46%Same areaBottom 40%CitywideTop 38%
Same street · Patricia Avenue
#32 / 69
Top 46% · Avg 412.6k
Same area · Fort Richmond
#1,586 / 2,629
Bottom 40% · Avg 435.7k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

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

Lot Size

around average
5,826 sqft
0255075100
Same streetBottom 9%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

693 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 228 m), 2 parks (nearest 114 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

693 Patricia Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 693 Patricia Avenue, Winnipeg

Property Overview & Key Characteristics

This well-situated one-storey home in Fort Richmond offers a practical layout on a large, desirable lot. Its key appeal lies in the combination of a renovated basement, a detached garage, and an above-average land area of over 5,800 square feet, which ranks in the top 15% of the neighbourhood. Built in 1964, the house itself is of a typical vintage for the area, with a living space that is comfortably sized but not oversized, suggesting a manageable footprint for upkeep.

The property would suit first-time buyers or downsizers looking for a single-level living option in a mature, established community. Its generous lot is a standout feature, offering significant outdoor space and future potential that is increasingly rare. The renovated basement adds immediate functional living space. A thoughtful perspective is that while the home is not the newest on the street, its lot size represents a long-term asset that often appreciates independently of the structure itself, offering a solid foundation of value.


Frequently Asked Questions

1. How does the lot size compare to others nearby?
The 5,826 sqft lot is a defining feature, ranking in the top 15% for size within the entire Fort Richmond neighbourhood. This is substantially larger than many nearby properties and is a key value driver.

2. 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 listing agent to understand the quality and scope of the renovation, and whether it includes a legal suite, additional bedrooms, or simply finished living space.

3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. Notably, several comparable nearby listings have similar assessed values but may sell for different prices based on condition, updates, and market timing. It serves as a baseline, not a sale price.

4. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or additional storage without impacting the main house's living space or noise levels. It may also present future potential, subject to local bylaws, for conversion to a studio or workspace.

5. The home is 60+ years old. What should I be mindful of?
While the renovated basement is updated, a home of this age will have core systems—like roof, plumbing, electrical, and foundation—that are at a stage where inspection is crucial. The positive trade-off is that you often get a larger lot and more established neighbourhood than with newer builds.

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