Property score
63.5
Fair
Overall 63.5 · Smaller and older than most nearby homes
955 sqft (bottom 10%) · Built in 1967 (5 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 55%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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63.5 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: #46111012
$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
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
748 Pasadena Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 352 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 33% | Bottom 41% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 748 Pasadena Avenue, Fort Richmond
Key Characteristics & Appeal
This is a well-situated, one-storey home in the established Fort Richmond neighbourhood. Its key characteristic is a generous 7,277 sqft lot, which is notably larger than the typical Winnipeg property and offers significant outdoor space and potential. The 955 sqft living area is compact and efficient, supported by a renovated basement that adds functional space. Built in 1967, the home is of a typical vintage for the area.
The primary appeal lies in this combination of a substantial, above-average lot with a manageable and updated house. It presents an opportunity for buyers seeking space for gardens, recreation, or future expansion without the upkeep of a very large home. The assessed value of $370,000 is around the city-wide average, suggesting a stable entry point into the market.
This property would best suit first-time buyers, downsizers, or practical investors who value land size over square footage. It’s for someone who sees potential in outdoor space and is comfortable with a home whose interior size is modest compared to its lot. The renovated basement adds value for those needing a flexible space for a home office, family room, or rental suite.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area of 955 sqft is below average for both Pasadena Avenue and the broader Fort Richmond area. This indicates a more compact main floor plan, which is offset by the additional space from the renovated basement.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $370,000 is around the middle of the range for Winnipeg. However, the last known sale was between $345,000-$375,000 in mid-2021. Market conditions, the home’s updated condition, and its large lot will be the primary drivers of the final sale price.
3. What are the implications of having such a large lot?
The lot size is a standout feature, offering more privacy, yard space, and future possibilities (like a garage, workshop, or addition) than many city properties. Buyers should consider that while it offers potential, it also requires maintenance and may have associated costs.
4. What does “renovated basement” typically mean for a home of this age?
For a 1967 home, this likely includes updated finishes, proper moisture management, and modern electrical/insulation standards. It’s important to verify the scope of renovations, permits, and the quality of the finish to understand how it adds to the home’s livable space.
5. Who might this home not be suitable for?
It may not suit buyers who prioritize a large, open-concept main floor or multiple bedrooms on one level, given the below-average living area. Those looking for a brand-new home or a property that requires no immediate attention may also want to consider newer builds, though at a different price point.
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