Property score
53.7
Fair
Overall 53.7 · Larger but older than most nearby homes
1,228 sqft (top 13%) · Built in 1912 (33 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 4 parks, and 1 fuel station nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Below average
33 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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53.7 is composed by the two sections below.
Property Score
Community Score
Victoria West
How to read: Share of sales in each ~$50k price band for “victoria west” (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: #46110831
$67K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
48%
Single-person households
14%
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
113 Ravelston Avenue W — 16 amenities found within 500 m, across 5 categories, including 6 dining (nearest 244 m), 2 education (nearest 153 m), 4 parks (nearest 67 m).
Victoria West · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Property
56%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 36% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 113 Ravelston Avenue W, Victoria West, Winnipeg
Key Characteristics & Appeal
This 1912 home in Victoria West presents a compelling mix of character and practicality. Its primary appeal lies in its efficient use of space and its position within a desirable neighborhood. At 1,228 sqft, the living area is notably above average for both the immediate street and the wider Victoria West area, suggesting a well-proportioned interior that maximizes its footprint. This is balanced by a smaller, low-maintenance lot of 2,900 sqft.
The property’s assessed value of $269k is a key feature. It sits below the Winnipeg city average, offering a more accessible entry point into the market. However, within its own neighborhood and street, the value is around average, indicating you are paying a fair price for the specific location. This profile suits first-time buyers or downsizers seeking character in an established neighborhood without the upkeep of a large yard. It also appeals to value-oriented buyers who prioritize interior space over exterior land, and who see the charm and potential in a well-maintained older home.
A thoughtful perspective: this home "punches above its weight" within its immediate community. While its age and lot size are common for the area, it offers more interior space than many of its neighbors, providing a practical advantage. It represents a smart compromise—securing a location in a top-tier neighborhood while the citywide assessment suggests room for equity growth as improvements are made.
Frequently Asked Questions
1. Is the older age (1912) of the home a concern?
While the building is historic, the assessed value already reflects its age. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, which is typical for any home of this era.
2. The lot seems small. Are there any advantages to this?
Yes. The smaller lot translates to significantly less yard work and maintenance, which can be a major benefit for busy professionals or those looking to simplify. It also often means a closer, more community-oriented streetscape.
3. How does the assessed value compare to likely market value?
Assessed value is for municipal tax purposes and is not a direct marker of market value. However, the fact that it's below the city average but aligned with the neighborhood suggests it could be priced competitively, potentially leaving room for market appreciation.
4. What does "above average living area for the neighborhood" actually mean for daily life?
It means that compared to other homes in Victoria West, you are likely getting more functional interior space—potentially larger rooms, better layout, or more bedrooms—within a similar price range, which is a efficient use of your investment.
5. Who would this property NOT suit?
It may not suit buyers seeking a large, private garden for extensive landscaping or recreation. It also may not be ideal for those unwilling to manage the ongoing maintenance that comes with a character home over 110 years old.
