Property score
39.5
Below average
Overall 39.5 · Smaller and older than most nearby homes
798 sqft (bottom 24%) · Built in 1912 (33 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 4 parks, and 1 fuel station nearby
Living Area
Below average
18% smaller 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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39.5 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
122 Ravelston Avenue W — 16 amenities found within 500 m, across 5 categories, including 6 dining (nearest 240 m), 2 education (nearest 225 m), 4 parks (nearest 152 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 15% | Bottom 19% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 798 sqft home at 122 Ravelston Avenue W in Victoria West presents a clear value proposition within Winnipeg’s market. Built in 1912, it is notably older than most homes on its street and in the city, which suggests potential for classic character but also means buyers should be mindful of maintenance and updates. With an assessed value of $249k, it sits well below averages for its street ($310.9k), neighborhood ($281.8k), and the wider city ($390.1k). Its 3,999 sqft lot is fairly typical for the Victoria West area.
The appeal lies in its affordability and lot size within an established neighborhood. It suits first-time buyers, investors, or downsizers seeking entry into the market with a manageable footprint and a standard city lot. A thoughtful perspective is that its lower-than-average metrics across the board aren't just drawbacks; they represent a lower entry point in a neighborhood where you might otherwise be priced out, offering a chance to add value through renovations. Its age and smaller living space mean it likely appeals to those prioritizing location and land over move-in-ready size and modern finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages?
The assessed value reflects factors like the home's smaller square footage, older age (1912), and potentially the condition or features relative to comparable properties. It indicates this is a more affordable option in the area.
2. What does the home's age (1912) mean for me as a buyer?
Homes from this era often have solid construction and unique character but may require updates to electrical, plumbing, or insulation. A thorough inspection is essential to understand the condition and any needed investments.
3. Is the lot size a good feature?
At 3,999 sqft, the lot is around the neighborhood average. It provides a decent outdoor space for a city home but is smaller than the Winnipeg-wide average. It's a practical, standard city lot.
4. Who would this property suit best?
It's well-suited for budget-conscious buyers, such as first-time homeowners or investors, who are comfortable with a smaller, older home and see potential in its value relative to the neighborhood. It may also appeal to those looking to downsize into the area.
5. How does this home rank compared to its neighbors?
The data shows it ranks below average in living area, value, and year built compared to homes on its street, in Victoria West, and across Winnipeg. This is the quantitative basis for its lower price, presenting it as a comparative value play in the market.
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