Property score
73.5
Good
Overall 73.5 · Compared with neighbourhood average
1,267 sqft (bottom 48%) · Built in 1971 (1 yr 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
11% smaller than neighborhood avg.
Year Built
Near average
1 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
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
Free · No credit card required
73.5 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
734 Patricia Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 254 m), 3 parks (nearest 217 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 | Top 48% | Bottom 46% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 734 Patricia Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond presents a practical and solid opportunity. Built in 1971, it is notably newer than many neighbouring homes on Patricia Avenue. Its key physical attributes are a 1,267 sqft living area, an attached garage, and a renovated basement. The standout feature is the land: at just over 8,000 sqft, the lot size is well above average for the street, neighbourhood, and city, offering valuable outdoor space and potential.
The appeal lies in its balanced, no-fuss profile. It’s not the largest home in terms of living space, but it holds its own with recent basement updates and the desirable perk of a larger yard. The above-average assessed value for the street suggests it is viewed favourably relative to its immediate peers. This property would suit first-time buyers or downsizers looking for manageable single-level living without sacrificing yard size, or an investor/renovator who sees value in the generous lot and the home’s relatively newer vintage for the area.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is average for the neighbourhood and city. The more distinctive comparison is the land size, which is in the top 15% locally, meaning you're getting more outdoor space than most comparable properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand the finish quality, layout, and whether it includes a legal suite or additional living space.
3. The last sold price shows a range from 2020. What does that mean?
Public records sometimes show estimated ranges. To get the exact historical sale price for this or comparable homes, you can request the information directly from the listing source via email.
4. Is the assessed value a good indicator of market price?
The assessed value is for municipal tax purposes. While this home's assessment is above average for its street, market price is determined by current conditions, the home's specific state, and buyer demand. It’s a data point, not an appraisal.
5. The home is 55 years old. What should I consider?
While newer than many on its street, a home from this era will have aging core components. A thorough inspection is essential to assess the roof, windows, plumbing, electrical, and the foundation, especially given the renovated basement which may cover underlying issues.
