7 Salme Drive

Victoria Crescent, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Newer than most nearby homes

2,180 sqft (top 47%) · Built in 1971 (5 yrs newer than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 park, and 2 sports facilitys nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

5 yrs newer 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

87.9 is composed by the two sections below.

Property Score

83.5Excellent
Living Area94
2,180 sqftExcellent
Year Built58
1971Fair
Lot Size95
9,746 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

above average
2,180 sqft
0255075100
Same streetBottom 42%Same areaTop 47%CitywideTop 7%
Same street · Salme Drive
#21 / 36
Bottom 42% · Avg 2,342 sqft
Same area · Victoria Crescent
#103 / 220
Top 47% · Avg 2,227 sqft
Citywide · Winnipeg
#13,532 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
625k
0255075100
Same streetBottom 47%Same areaBottom 43%CitywideTop 6%
Same street · Salme Drive
#19 / 36
Bottom 47% · Avg 719.9k
Same area · Victoria Crescent
#126 / 220
Bottom 43% · Avg 792.9k
Citywide · Winnipeg
#12,422 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 25%Same areaTop 26%CitywideTop 47%

Lot Size

above average
9,746 sqft
0255075100
Same streetBottom 31%Same areaBottom 33%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

7 Salme Drive — 6 amenities found within 500 m, across 3 categories, including 3 education (nearest 404 m), 1 parks (nearest 342 m).

Search radius
🏫Education3
🌳Parks1
💪Sports2

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 11/2024CA$650k–700k
Sold price

Same street

Top 29%

Same area

Top 40%

City-wide

Top 4%

Related homes

Highlights & common questions: 7 Salme Drive, Winnipeg

Property Summary: 7 Salme Drive

Section 1: Key Characteristics & Appeal

This property presents a compelling blend of above-average interior space on a solid, established lot. Its primary appeal lies in its generous 2,180 sqft of living area, which places it within the top 7% of all comparable homes across Winnipeg, offering significantly more space than the citywide average. The 1971 build is notably newer than many homes in its immediate neighborhood and on its street, suggesting potentially fewer immediate concerns with aging infrastructure compared to older peers.

While the home's assessed value is above the city average, it sits below the average for both its specific street and the broader Victoria Crescent community. This creates an interesting dynamic: you are acquiring a home with city-leading interior space in a desirable area, but at an assessed value that is relatively modest for that locale. The lot size of 9,746 sqft is substantial by city standards (top 7%) but is more average within the context of the larger lots typical in this community.

This home would best suit buyers who prioritize spacious, well-proportioned interiors over having the largest yard on the block. It’s an excellent match for a growing family needing room to spread out, or for someone looking for value within an established neighborhood, where the home itself offers modern (relative to the area) conveniences and scale. It represents a "sweet spot" – a property that outperforms the broader market in key metrics while remaining competitive within its own prestigious enclave.

Section 2: Frequently Asked Questions

1. Is this home a good value for the area?
The data suggests it could be. The home’s assessed value is below the average for both Salme Drive and the Victoria Crescent community, while offering more living space than most city homes. This indicates you may be getting more house for your dollar within this specific neighborhood context.

2. The lot seems smaller than others nearby. Is that a concern?
While the lot is smaller than the street and community averages, it is still nearly 10,000 sqft and is significantly larger than the typical Winnipeg lot. It offers ample outdoor space for most needs, prioritizing a larger interior footprint—a trade-off that suits many buyers.

3. What does the 1971 build year imply?
Built in 1971, this home is newer than many in its immediate vicinity. This can be advantageous, potentially meaning updates to core systems (like electrical or plumbing) have already been incorporated, bridging older construction styles with more modern standards.

4. How does the property tax assessment compare?
With an assessed value of $625,000, the property taxes are likely to be lower than those for a home at the street or community average value. This is a practical financial consideration that makes the property's above-average space more affordable to carry.

5. How should I interpret the different rankings?
Think of them as context layers. The city ranking (top 7% for space) shows its standout features in the broader market. The street/community rankings show how it fits locally—here, as a spacious home with a moderately-sized lot and value-conscious assessment for the area. It’s a balanced proposition within a premium neighborhood.