Property score
69.2
Good
Overall 69.2 · Smaller and older than most nearby homes
1,105 sqft (bottom 25%) · Built in 1963 (9 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 65%Chinese · 12%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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69.2 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: #46111011
$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
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
693 Townsend Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 303 m), 1 parks (nearest 273 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 12% | Bottom 16% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 693 Townsend Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a practical opportunity. Built in 1963, it features 1,105 sqft of living space and a recently renovated basement, adding valuable finished area. A detached garage and a notably generous 6,500 sqft lot provide ample outdoor space and parking flexibility, with the land size ranking above average citywide.
The primary appeal lies in its balance of space and location. The renovated basement offers immediate move-in comfort and functional space, while the large lot presents long-term potential for gardening, expansion, or simply more private outdoor living—a relative rarity. Its assessed value is positioned below average for the immediate area and neighborhood, which can indicate a more accessible entry point into the Fort Richmond community.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout with a low-maintenance exterior and a spacious yard. It’s also a sensible fit for value-conscious buyers who prioritize land size and the potential it offers over a recently built home, and for those who appreciate having renovation work (the basement) already completed.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for both Townsend Avenue and the wider Fort Richmond neighborhood. This can suggest a potentially competitive asking price, but it’s essential to view the property in person to understand the full condition and value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. We recommend inquiring about the quality of finishes, the presence of proper permits, and whether it includes a separate entrance, bathroom, or kitchenette, as these details significantly impact its utility and value.
3. Is the large lot a benefit for future expansion?
The 6,500 sqft lot is a key asset. While any expansion would require due diligence with the city regarding zoning and permits, the lot size offers more flexibility than typical for adding a deck, garage, or even a home addition compared to properties on smaller plots.
4. What are the implications of the home’s age (1963)?
The home is older than most in Fort Richmond. This typically means closer attention should be paid during an inspection to the aging of major systems like plumbing, electrical, and the roof. However, homes of this era are also often known for solid construction and larger lot sizes.
5. Why is there a range provided for the last sold price?
The exact sale price is proprietary data. The provided range is based on public assessment records and market algorithms. For precise historical pricing to inform your offer, you can request the exact figure directly from the listing service.
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