83.4
Excellent
Property score
83.4
Excellent
Overall 83.4
Larger and newer than most nearby homes
1,662 sqft (top 1%)
Built in 2023 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~89k
Transit 76.0
6-min walk to transit with 4 nearby routes
Within 500m: 3 dining spots, 1 school, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
74% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 51%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
380
246.7k
$307/sqft
2019
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83.4 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” (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: #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 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
1584 Ravelston Avenue W — 5 amenities found within 500 m, across 3 categories, including 3 dining (nearest 370 m), 1 education (nearest 350 m), 1 shopping (nearest 439 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 | Bottom 36% | Top 2% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1584 Ravelston Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, well-sized property in the Peguis neighbourhood, built in 2023. Its primary appeal lies in its combination of new construction and above-average space. At 1,662 sqft, it offers significantly more living area than most homes in Peguis and across Winnipeg, placing it in the top tier for size. While its assessed value is typical for its immediate street, it stands out as an elite property within the broader area and city due to this generous square footage in a newer build.
The property would suit buyers looking for a move-in-ready, modern home without the premium often attached to a brand-new build. It’s particularly compelling for those who value space and newer infrastructure but want to be in an established area. A thoughtful perspective is that this home represents a "sweet spot" – it’s past the initial settling phase of a new build, yet it remains contemporary enough to avoid major near-term renovations. Its value ranking suggests it’s a substantial property within its wider community, potentially offering more home for the investment compared to newer subdivisions.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The home is newer and larger than almost all comparable properties in the Peguis area. On its specific street, it is among the newest and largest, but its assessed value is very much in line with the immediate neighbours.
2. What is the likely sold price?
Based on available data, the home last sold between CA$350,000 and $400,000 in January 2023. To obtain the exact historical sold price, a manual lookup must be requested from the site.
3. What are the advantages of a 2023 build?
A home from 2023 benefits from modern building codes, materials, and energy efficiency standards. It should come with minimal immediate maintenance concerns and likely retains some of the original builder warranties.
4. Why is the assessed value ranking higher for the area than for the street?
This indicates that while the home’s value is average on its own street (where many homes are of similar scale and modern build), it is considered a top-tier property when compared to all homes in the wider Peguis area, which includes many smaller and older homes.
5. Where can I see more detailed comparisons?
The listing suggests using a neighbourhood analysis page to view this property on a map and compare it to nearby houses in detail based on year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
