Property score
48.4
Below average
Overall 48.4 · Compared with neighbourhood average
958 sqft (top 45%) · Built in 1948 (3 yrs newer 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, 5 parks, and 1 fuel station nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer 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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48.4 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
118 Ravelston Avenue W — 17 amenities found within 500 m, across 5 categories, including 6 dining (nearest 223 m), 2 education (nearest 202 m), 5 parks (nearest 134 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 46% | Top 41% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 118 Ravelston Avenue W, Winnipeg
Key Characteristics & Appeal
This 1948-built home in Victoria West presents a practical opportunity in a well-established neighborhood. With 958 sqft of living space on a 3,999 sqft lot, its key appeal lies in its relative affordability and positional stability. The data shows the home is consistently "around average" for its immediate street and neighborhood in terms of size, value, and lot dimensions. This means you are purchasing a home that fits comfortably within the context of its community, without overpaying for premium size or features compared to nearby houses.
Its assessed value of $289k is notably below the Winnipeg citywide average, making it an accessible entry point into the market. The home would suit first-time buyers or practical downsizers looking for a solid, no-fuss property in a mature area. A thoughtful perspective is that a home ranking average in its immediate vicinity can indicate a stable investment less susceptible to local market fluctuations than a top-ranked or bottom-ranked property. It offers the chance to gain equity through updates while being surrounded by comparable homes.
Frequently Asked Questions
1. How does this home really compare to others in the area?
The data indicates it is very typical for its specific street and the broader Victoria West neighborhood. Its living area, lot size, and assessed value all rank near the middle when compared directly with neighboring homes. It is a standard offering for this locale.
2. Is the below-average citywide ranking a concern?
Not necessarily. This primarily reflects that newer suburban developments or more affluent areas have larger, higher-valued homes on average. For a buyer targeting established, central neighborhoods like Victoria West, the more relevant comparison is the local "around average" ranking.
3. What does the 1948 build date imply?
It places the home in the post-war construction period. Buyers should budget for potential updates to major aging components like plumbing, electrical, or windows, which is common for homes of this era. The home is slightly newer than the neighborhood average but older than the city average.
4. Who might this property not suit?
Buyers seeking a move-in-ready modern home with ample space or a large yard may find it limiting. The lot size is smaller than the street average, and the living area is compact by current citywide standards.
5. Where is the potential value here?
The value is in acquiring a structurally sound home in an established area at a price point below the city average. Thoughtful renovations and updates could increase its value relative to the neighborhood, offering a path to building equity.
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