111 Victoria Crescent

Victoria Crescent, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger but older than most nearby homes

2,663 sqft (top 24%) · Built in 1945 (21 yrs older than avg)

Located in a high-income area with median household income of ~159k

Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 5%

Past 10 years Victoria Crescent sales snapshot (~80% of all data)

Sold Count

67

Median price

715k

$/sqft

$361/sqft

Avg build year

1966

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Property score

86.5 is composed by the two sections below.

Property Score

81.1Excellent
Living Area98
2,663 sqftExcellent
Year Built30
1945Low
Lot Size100
27,538 sqftExcellent
Neighbourhood Sales Activity26
Low

Community Score

94.6Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Victoria Crescent

How to read: Share of sales in each ~$50k price band for “victoria crescent” (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: #46110467

Community deep dive

$159K

Median household income

$236K

Average household income

6%

Low income (LIM-AT)

0.5

Income inequality (Gini)

5.5

P90 / P10 ratio

20%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)467
Labour force participation rate67%
Median age48.8
Avg household size2.7
Unemployment rate3%
Population density898 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households20%
Couple families with children40%
Median household income (2020)$159K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$750K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority15%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,663 sqft
0255075100
Same streetTop 9%Same areaTop 24%CitywideTop 2%
Same street · Victoria Crescent
#37 / 410
Top 9% · Avg 1,381 sqft
Same area · Victoria Crescent
#52 / 220
Top 24% · Avg 2,227 sqft
Citywide · Winnipeg
#3,867 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
888k
0255075100
Same streetTop 12%Same areaTop 30%CitywideTop 2%
Same street · Victoria Crescent
#49 / 410
Top 12% · Avg 447.8k
Same area · Victoria Crescent
#65 / 220
Top 30% · Avg 792.9k
Citywide · Winnipeg
#3,044 / 194,458
Top 2% · Avg 390.1k

Year Built

around average
1945
0255075100
Same streetBottom 32%Same areaBottom 9%CitywideBottom 22%

Lot Size

Elite
27,538 sqft
0255075100
Same streetTop 5%Same areaTop 16%CitywideTop 1%

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

111 Victoria Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 258 m).

Search radius
🌳Parks2

Crime & Safety

Victoria Crescent · WPS public data · 2025

Annual incidents

15

2025

vs. city avg

-49%

relative to avg

Year-over-year

▲ +114%

vs. prior year

Primary type

Property

87%

Sales History

Sold 5/2016CA$500k–550k
Sold price

Same street

Top 17%

Same area

Bottom 39%

City-wide

Top 13%

Related homes

Highlights & common questions: 111 Victoria Crescent, Winnipeg

Property Overview

This home at 111 Victoria Crescent presents a compelling mix of established character and standout metrics. Built in 1945, it is an older home on its street and in its neighborhood, yet it excels in space and value on a larger scale. The property's primary draws are its generous proportions and its position within a highly desirable area of Winnipeg.

Key Characteristics & Appeal

The most defining feature is the exceptional lot size of over 27,500 sqft, placing it in the top 5% on its street and the top 1% citywide. This offers rare potential for privacy, landscaping, expansion, or future development, subject to zoning. Combined with a spacious living area of 2,663 sqft (ranking in the top 9% on the street and top 2% citywide), the home provides substantial interior and exterior space.

Its assessed value of $888,000 reflects this, ranking in the top 12% on the street and an elite top 2% citywide. This indicates a premium property in a premium location. The appeal lies in owning a home with land value and interior space that far exceed typical Winnipeg benchmarks, all within an established, high-ranking neighborhood.

This property would best suit buyers who value land above all else and see potential in an older home. It's ideal for those seeking a legacy property with room to grow, who are prepared for the maintenance or modernization a 1945 home may require. It appeals to the long-term investor, the large family wanting space, or the buyer looking for a standout asset in a prime location.


Frequently Asked Questions

1. The home was built in 1945. How does that affect its value?
While the build date is older than most on the street and in the neighborhood, the property's elite rankings in lot size, living area, and assessed value show that these physical attributes significantly outweigh the age factor in its overall valuation.

2. The assessed value is much higher than the street average. Why?
The assessed value is a function of the property's exceptional characteristics—specifically its very large lot and above-average living space—compared to others. It's not just the house, but the land it sits on that commands this premium, placing it in a different tier even within a desirable street.

3. Who is the typical buyer for a property like this?
The buyer is likely one who prioritizes land and location over a move-in-ready modern home. They may be planning a significant renovation, an addition, or simply value the privacy and established setting. It suits a buyer making a long-term play based on asset value and potential.

4. What are the less obvious things to consider with such a large lot?
Beyond maintenance, consider future property tax implications based on the high assessment, potential subdivision or development opportunities (checking local zoning is essential), and the cost of updating older infrastructure (like water lines or septic, if applicable) that services a larger parcel.

5. The rankings show "Elite" citywide but "Around Average" for year built on the street. What does that mean?
It confirms you are looking at an older, character home in a mature neighborhood. Its greatness isn't in being new, but in offering a combination of space and location that is exceptionally rare across the entire city. You're buying into the street's established prestige while owning one of its most substantial parcels.

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.