697 Patricia Avenue

Fort Richmond, Winnipeg

Property score

71.5

Good

Overall 71.5 · Older than most nearby homes

1,189 sqft (bottom 35%) · Built in 1966 (6 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

16% smaller than neighborhood avg.

Year Built

Below average

6 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

71.5 is composed by the two sections below.

Property Score

61.4Fair
Living Area1,189 sqft60Fair
Year Built196652Fair
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
1,189 sqft
0255075100
Same streetTop 43%Same areaBottom 35%CitywideBottom 49%
Same street · Patricia Avenue
#30 / 69
Top 43% · Avg 1,282 sqft
Same area · Fort Richmond
#1,717 / 2,629
Bottom 35% · Avg 1,421 sqft
Citywide · Winnipeg
#100,025 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetBottom 42%Same areaBottom 33%CitywideTop 40%
Same street · Patricia Avenue
#40 / 69
Bottom 42% · Avg 412.6k
Same area · Fort Richmond
#1,772 / 2,629
Bottom 33% · Avg 435.7k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 36%Same areaBottom 24%CitywideBottom 48%

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

697 Patricia Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 244 m), 2 parks (nearest 116 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 9/2019CA$300k–350k
Sold price

Same street

Bottom 22%

Same area

Bottom 21%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 697 Patricia Avenue, Winnipeg

Property Overview: 697 Patricia Avenue, Fort Richmond, Winnipeg

This one-storey home in the established Fort Richmond neighbourhood presents a practical opportunity. Built in 1966, its key appeal lies in its balance of a renovated basement and a manageable, single-level layout. The detached garage and a land size that is generous for the city (over 5,800 sqft) add tangible value. While the living space (1,189 sqft) is modest compared to some neighbours, its recent sold price history suggests it has been a competitively priced entry point into the area. This isn't a standout in any single category, but rather a solid, no-frills property that offers the fundamentals in a convenient location.

Who It's For:
This home would suit first-time buyers or downsizers looking for a straightforward, low-maintenance layout without stairs. Its appeal is grounded in functionality—the renovated basement adds flexible living space, and the larger lot offers outdoor potential. A thoughtful perspective is that this property represents a "blank canvas" within a mature neighbourhood; it's a home where value can be added through personalization over time, rather than paying a premium for someone else's high-end finishes.


Frequently Asked Questions

1. How does this home compare to others on the street?
The data shows it is very typical for Patricia Avenue. Its living area and assessed value are around the street average, and its 1966 build date is identical to the street's average year. The lot size is somewhat smaller than the immediate street average.

2. What is the significance of the renovated basement?
A finished basement effectively adds usable living space to the home's footprint, which is a significant advantage for a one-storey design. It provides flexibility for a family room, home office, or additional bedrooms without altering the main floor's classic layout.

3. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value (listed as $39.30k) is for municipal tax purposes and is historically low in Winnipeg. Market value is determined by recent sales. The provided sold price history from 2019 (in the $31.5k-$34.5k range) is a more relevant, though dated, benchmark. Current market conditions will determine the final price.

4. What are the pros and cons of a 1960s build?
Homes from this era often feature straightforward, durable construction and simpler roof lines. Potential considerations include the age of major systems (like plumbing, electrical, and the roof), which may be nearing or past their typical lifespan and should be inspected.

5. How can I get the exact past sold prices?
As noted on the detail page, exact sold prices are provided manually by the site upon request. You can submit your email to receive the accurate history, typically by the end of the same day.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.