713 Patricia Avenue

Fort Richmond, Winnipeg

Property score

76.7

Good

Overall 76.7 · Compared with neighbourhood average

1,353 sqft (top 44%) · Built in 1970 (2 yrs older than avg)

Located in a high-income area with median household income of ~113k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Near average

2 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

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Property score

76.7 is composed by the two sections below.

Property Score

70.1Good
Living Area1,353 sqft71Good
Year Built197052Fair
Lot Size7,258 sqft88Excellent
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

above average
1,353 sqft
0255075100
Same streetTop 26%Same areaTop 44%CitywideTop 38%
Same street · Patricia Avenue
#18 / 69
Top 26% · Avg 1,282 sqft
Same area · Fort Richmond
#1,149 / 2,629
Top 44% · Avg 1,421 sqft
Citywide · Winnipeg
#74,512 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
421k
0255075100
Same streetTop 29%Same areaTop 45%CitywideTop 34%
Same street · Patricia Avenue
#20 / 69
Top 29% · Avg 412.6k
Same area · Fort Richmond
#1,191 / 2,629
Top 45% · Avg 435.7k
Citywide · Winnipeg
#65,393 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 23%Same areaBottom 45%CitywideTop 48%

Lot Size

above average
7,258 sqft
0255075100
Same streetTop 16%Same areaTop 28%CitywideTop 15%

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

713 Patricia Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 317 m), 3 parks (nearest 187 m).

Search radius
🏫Education1
🌳Parks3

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 6/2016CA$350k–400k
Sold price

Same street

Bottom 48%

Same area

Bottom 45%

City-wide

Top 41%

Related homes

Highlights & common questions: 713 Patricia Avenue, Winnipeg

Property Overview

This well-situated Fort Richmond home at 713 Patricia Avenue presents a practical opportunity in a mature neighbourhood. Built in 1970, it is a one-storey house with a renovated basement and a detached garage. The key data points reveal a property that stands out for its generous land size, offering a larger-than-average lot both for its immediate street and city-wide. Its living space and assessed value are consistently above average for the local area, suggesting a solid, established home in its context.

Key Characteristics & Appeal

The primary appeal of this property lies in its space and established location. The 7,258 sqft lot is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion—a feature becoming rarer in many city neighbourhoods. With a renovated basement, the home offers flexible living space that can adapt to various needs, from a family room to a separate suite. The detached garage adds practical utility for vehicle storage or a workshop.

This home would suit a buyer looking for a grounded, no-frills property where value is derived from land size and functional space rather than modern luxury. It’s ideal for first-time buyers seeking a foothold in a stable community, or for downsizers who want a manageable single-level layout but still desire a substantial private yard. The above-average rankings on its street suggest it’s one of the better-maintained or more desirable properties on the block, offering a sense of relative value within the immediate area.

Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. Recent sold price data for the area, provided in the history, is a more relevant guide for current market expectations.

2. What are the implications of a larger lot?
Beyond private outdoor space, a larger lot can offer better privacy, more landscaping potential, and future development options (subject to zoning bylaws). It may also mean slightly higher maintenance or landscaping effort.

3. The home was built in 1970. What should I consider?
While the basement is noted as renovated, a home of this age may have original components like windows, roofing, or major systems (plumbing, electrical) that are nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates.

4. What is the neighbourhood like?
Fort Richmond is a mature, established neighbourhood near the University of Manitoba. This often brings a mix of long-term residents, academic staff, and students, creating a stable yet vibrant community feel with good access to amenities and green spaces.

5. How can I find out the exact past sold prices?
Exact sold prices are not publicly displayed in detail here due to data licensing. As noted, you can request the precise historical sale data by email, which will be provided manually without obligation.

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