Property score
42.8
Below average
Overall 42.8 · Smaller than most nearby homes
685 sqft (bottom 15%) · Built in 1974 (6 yrs older than avg)
Located in a average-income area with median household income of ~48.4k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 17 dining spots, 2 healthcare facilitys, 6 shops, 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 · 44%Chinese · 8%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
434
159.2k
$183/sqft
1980
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42.8 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” (Condos, 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: #46111138
$48K
Median household income
$61K
Average household income
34%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
40%
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 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
712-3000 Pembina Highway — 35 amenities found within 500 m, across 8 categories, including 17 dining (nearest 159 m), 2 healthcare (nearest 154 m), 6 shopping (nearest 191 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 3% | Bottom 5% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 712-3000 Pembina Highway, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, 685-square-foot condo unit in a well-established 1974 building on Pembina Highway. Its key characteristics are its affordability and location. The assessed value is notably low compared to averages in the area and city-wide, which translates to lower property taxes. The unit is smaller than most comparable homes, placing it in the lower percentiles for living space.
The primary appeal lies in its function as a minimal-maintenance, cost-effective entry point into the Winnipeg housing market. It suits pragmatic first-time buyers or investors seeking a straightforward rental property with low carrying costs. Its location on a major transit corridor offers convenience for commuters. A less obvious perspective is that a unit of this size and value in a 1970s building may attract buyers looking for a "blank slate" project or those who prioritize financial flexibility over space, viewing it as a strategic stepping stone rather than a forever home.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on factors including the unit's smaller size, the building's age (1974), and its specific market segment. A lower assessment typically results in lower annual property taxes, which is a key financial consideration.
2. What should I know about a building constructed in 1974?
Prospective buyers should inquire about the building's reserve fund study, the history of major repairs (like roofing, windows, or plumbing updates), and the current condominium fee structure. Buildings of this age require proactive maintenance planning.
3. How does the smaller living area (685 sq ft) compare practically?
This is a compact one-bedroom or studio layout. It's manageable for a single person or couple but requires thoughtful space planning. It ranks below average for size compared to most other condos in the city.
4. What are the implications of being on Pembina Highway?
This provides excellent access to public transit and amenities but may come with increased traffic noise. It's ideal for those who value transportation convenience and are less sensitive to ambient street activity.
5. The sold price history shows a range. How can I get the exact figure?
The exact sale price from February 2019 is not publicly displayed in detail. You can request it directly via the "Get exact sold price history" feature on the listing page, and the service provider will email it to you.
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