Property score
69.2
Good
Overall 69.2 · Smaller and older than most nearby homes
1,188 sqft (bottom 4%) · Built in 1964 (53 yrs older than avg)
Located in a high-income area with median household income of ~89k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
53 yrs older than neighborhood avg.
Mother tongue
English · 51%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
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69.2 is composed by the two sections below.
Property Score
Community Score
Peguis
How to read: Share of sales in each ~$50k price band for “peguis” (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: #46111251
$89K
Median household income
$95K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
23%
Single-person households
31%
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
1392 Ravelston Avenue W — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 268 m).
Peguis · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Bottom 38% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1392 Ravelston Avenue W, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a compelling profile defined by its exceptional lot and strong value positioning within its immediate neighborhood. The standout feature is the 22,000 sqft land area, which ranks in the top 4% of lots on its street and in the Peguis area, and the top 1% city-wide. This offers rare potential for expansion, gardening, or outdoor living. Built in 1964, the house itself is older than most in the broader Peguis area but is actually newer than many on its own street. With 1,188 sqft of living space, it is comfortably above average for its street but more modest compared to newer area homes.
The appeal lies in a clear value proposition: a high assessed value relative to its street (top 8%, significantly above the $310.9k street average) on a premier lot, suggesting the property is a leading investment on its block. It suits a buyer who prioritizes land size over a large or modern house footprint—ideal for someone looking for a solid foundation in a established neighborhood, with the vision to potentially update the home itself while enjoying an outsized, private yard that is increasingly rare to find.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The property last sold between $400k-$450k in January 2021. Its current assessed value of $452k is above average for its street and city-wide, indicating appreciation and strong valuation for the area.
2. Is the house outdated given its age?
While built in 1964, it is newer than the average home on Ravelston Avenue W. Its condition would need to be verified via a viewing and inspection, as the value appears to be significantly driven by the land asset.
3. What does the "Elite" ranking for land area mean practically?
It means the lot is exceptionally large compared to peers. With 22,000 sqft, it is nearly four times the average lot size on its street (5,588 sqft), offering substantial privacy and space uncommon in the city.
4. The living area seems smaller than the Peguis average. Why?
The home is older than many in the broader Peguis area, where average homes are newer and larger. Its living space is more aligned with the older, established character of its specific street, where it is actually above average in size.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed due to data source rules. You can request the exact figure by emailing the site directly; they will provide a manual lookup without using your email for marketing.
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