Property score
71.3
Good
Overall 71.3 · Older than most nearby homes
1,222 sqft (bottom 42%) · 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 3 parks nearby
Living Area
Near average
14% 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)
1,068
445k
$351/sqft
1972
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71.3 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
696 Patricia Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 250 m), 3 parks (nearest 171 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 37% | Bottom 25% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home in Fort Richmond offers a practical, no-fuss layout on a generous 6,601 sqft lot. Built in 1964, its key features include a renovated basement and a detached garage. With 1,222 sqft of living space, it sits comfortably above average for its immediate street and neighbourhood.
The primary appeal lies in its established setting and the value of the land itself. The lot size is notably larger than many in Winnipeg, ranking in the top 30% on its street, which presents potential for outdoor space or future expansion. The renovated basement adds immediate functional living area. Its last sale in 2019 was well above the current assessed value, which may indicate a previous premium market moment or specific upgrades at that time.
This property would suit a first-time buyer looking for a solid starter home with a manageable footprint, or a downsizer seeking single-level living without sacrificing yard space. It’s a pragmatic choice for someone who values the stability of an older neighbourhood and sees potential in the substantial lot, rather than seeking high-end finishes or a brand-new build.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is a municipal figure for tax purposes and is often lower than market value. The home last sold for $340,000 in 2019, which is a more relevant, though historical, benchmark for comparison.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of the renovation, its compliance with permits, and whether it’s a finished living space or simply updated.
3. Is the large lot a benefit for this property?
Yes, the lot is a significant asset, ranking in the top 30% on the street for size. This offers more private outdoor space than typical and is a key differentiator with long-term value, whether for enjoyment, gardening, or future property improvements.
4. The home is older—what should I be aware of?
Built in 1964, major systems like the roof, plumbing, electrical, and foundation should be carefully evaluated. An older home on a large lot can be a great opportunity, but a thorough inspection is essential to understand any needed updates or maintenance.
5. How does this home rank within the neighbourhood?
The home’s living area and lot size rank above average for its immediate street and are competitive within Fort Richmond. Its year of build is newer than most in the wider neighbourhood, but its assessed value is squarely in the middle range, suggesting it is viewed as a typical property for the area by the assessor.
