342 Victoria Crescent

Victoria Crescent, Winnipeg

Property score

84.3

Excellent

Overall 84.3 · Larger and newer than most nearby homes

2,768 sqft (top 20%) · Built in 1972 (6 yrs newer than avg)

Located in a high-income area with median household income of ~116k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 74%French · 8%

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

84.3 is composed by the two sections below.

Property Score

85.9Excellent
Living Area2,768 sqft98Excellent
Year Built197258Fair
Lot Size9,712 sqft95Excellent
Neighbourhood Sales Activity26Low

Community Score

81.9Excellent
Household Income90Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health42Low

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: #46110468

Community deep dive

$116K

Median household income

$115K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

17%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate57%
Median age42.4
Avg household size2.8
Unemployment rate13%
Population density3342 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children38%
Median household income (2020)$116K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority20%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 74%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

Elite
2,768 sqft
0255075100
Same streetTop 8%Same areaTop 20%CitywideTop 2%
Same street · Victoria Crescent
#32 / 410
Top 8% · Avg 1,381 sqft
Same area · Victoria Crescent
#44 / 220
Top 20% · Avg 2,227 sqft
Citywide · Winnipeg
#3,083 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
849k
0255075100
Same streetTop 13%Same areaTop 34%CitywideTop 2%
Same street · Victoria Crescent
#55 / 410
Top 13% · Avg 447.8k
Same area · Victoria Crescent
#74 / 220
Top 34% · Avg 792.9k
Citywide · Winnipeg
#3,569 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 13%Same areaTop 21%CitywideTop 45%

Lot Size

above average
9,712 sqft
0255075100
Same streetTop 21%Same areaBottom 32%CitywideTop 7%

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

342 Victoria Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 291 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 8/2019CA$900k–950k
Sold price

Same street

Top 9%

Same area

Top 24%

City-wide

Top 1%

Related homes

Highlights & common questions: 342 Victoria Crescent, Winnipeg

Property Summary

Key Characteristics & Appeal

This home at 342 Victoria Crescent is defined by its generous scale and modern foundation within a well-established neighborhood. Its primary appeal lies in the significant amount of finished living space (2,768 sqft), which ranks in the top 2% citywide, offering substantial room for family living, entertaining, or dedicated work-from-home areas. Built in 1972, it is a notably newer construction compared to most homes on its street, suggesting potentially fewer immediate concerns with aging infrastructure and more contemporary layouts.

The property suits buyers looking for a move-in ready, spacious home without the premium of a brand-new build. It’s an ideal fit for growing families, professionals who value dedicated home office space, or those who frequently host guests. A thoughtful perspective is that while the lot size is very good citywide, it is more modest within the immediate Victoria Crescent area, positioning this as a home where the value is squarely in the interior living experience rather than extensive outdoor acreage. The assessed value reflects this, placing it among the city's elite properties but as a more average value within its own prestigious neighborhood, which could be seen as a relative value proposition for the space and quality offered.


Frequently Asked Questions

1. How does the 1972 build year compare to nearby homes?
This home is significantly newer than the average house on Victoria Crescent (built 1951), placing it in the top 13% for its street. This often translates to more modern electrical systems, plumbing, and floor plans.

2. The living area is large, but how does the lot size compare?
The lot is a generous 9,712 sqft, which is above average for both the street and the city. However, it's important to note that lots in the broader Victoria Crescent area can be larger. This means you get ample outdoor space with less yard maintenance than an estate-sized property.

3. What does the "Elite" citywide ranking for value really mean?
With an assessed value of $849k, this property ranks in the top 2% of all homes in Winnipeg. This indicates it is a premium property in the overall market, though it sits closer to the average for the high-caliber Victoria Crescent neighborhood itself.

4. Is the high assessed value driven mainly by the land or the building?
Given that the living area is exceptionally large (top 2% citywide) and the lot size, while very good, is not the primary standout, the value is likely heavily attributed to the size, quality, and newer age of the home itself.

5. Who would this property not suit as well?
Buyers seeking a historic character home or a vast, secluded rural-style lot within the city may find other properties more aligned. This home appeals most to those prioritizing abundant, modern interior space in a prime location.

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