708 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

67.5

Good

Overall 67.5 · Smaller and older than most nearby homes

1,094 sqft (bottom 24%) · Built in 1966 (6 yrs older than avg)

Located in a above-average income area with median household income of ~85k

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

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

67.5 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,094 sqft52Fair
Year Built196652Fair
Lot Size8,169 sqft93Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,094 sqft
0255075100
Same streetBottom 41%Same areaBottom 24%CitywideBottom 39%
Same street · Pasadena Avenue
#48 / 81
Bottom 41% · Avg 1,319 sqft
Same area · Fort Richmond
#1,997 / 2,629
Bottom 24% · Avg 1,421 sqft
Citywide · Winnipeg
#118,609 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
394k
0255075100
Same streetTop 48%Same areaBottom 33%CitywideTop 40%
Same street · Pasadena Avenue
#39 / 81
Top 48% · Avg 416.8k
Same area · Fort Richmond
#1,755 / 2,629
Bottom 33% · Avg 435.7k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 40%Same areaBottom 24%CitywideBottom 48%

Lot Size

above average
8,169 sqft
0255075100
Same streetTop 10%Same areaTop 15%CitywideTop 11%

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

708 Pasadena Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 444 m), 1 parks (nearest 266 m).

Search radius
🏫Education1
🌳Parks1

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 12/2024CA$350k–400k
Sold price

Same street

Bottom 42%

Same area

Bottom 46%

City-wide

Top 40%

Related homes

Highlights & common questions: 708 Pasadena Avenue, Winnipeg

Property Overview: 708 Pasadena Avenue, Fort Richmond

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond is defined by a compelling balance of modest living space and generous outdoor potential. Its key characteristic is an above-average land area of over 8,100 sqft, placing it in the top 15% of the neighbourhood—a notable advantage for a 1960s-built property. The home itself, at 1,094 sqft with a renovated basement, offers functional living space that is typical for the street and area. Its recent sale in late 2024 suggests a market-tested value.

The primary appeal lies in its lot size. This isn't just a backyard; it's a substantial canvas for gardening, expansion, or recreational space, a feature increasingly rare in mature neighbourhoods. The detached garage adds practical utility. It suits first-time buyers or downsizers looking for a manageable single-level layout with the rare bonus of significant land, as well as value-oriented investors or long-term owners who see potential in the property's underlying land value relative to its footprint. A thoughtful perspective is that while the home is comfortably average in many metrics, the land offers a form of "quiet equity"—a hedge against inflation and a tangible asset that may appreciate independently of the dwelling.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is a standout feature. At 8,169 sqft, it is significantly larger than the city-wide average (approx. 6,570 sqft) and ranks in the top 10-15% for both the street and the broader Fort Richmond area.

2. What is the condition of the home, given its age?
Built in 1966, the home's age is typical for the street. The listing notes a renovated basement, suggesting some updates. A standard home inspection is recommended to assess the condition of major systems, the roof, and the foundation common to homes of this era.

3. Is this a good investment compared to others on the street?
Based on assessed value and recent sale price, this property sits around the middle of the range for Pasadena Avenue. Its investment appeal would be less about outperforming the street in the short term and more about the long-term value of its larger lot and the potential it allows.

4. What is the neighbourhood like?
Fort Richmond is a well-established, family-friendly neighbourhood near the University of Manitoba. It offers a mix of residential streets, schools, parks, and convenient access to amenities and major routes.

5. Can I get the exact historical sale price?
The precise sale price from December 2024 is not publicly displayed in the data. The listing service provides an estimated range and offers to supply the exact figure via email upon request, which they handle manually.

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