206 Ravelston Avenue W

Victoria West, Winnipeg

Property score

52.1

Fair

Overall 52.1 · Newer than most nearby homes

882 sqft (bottom 35%) · Built in 2016 (71 yrs newer than avg)

Located in a above-average income area with median household income of ~67k

Transit 70.0 · 6-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

10% smaller than neighborhood avg.

Year Built

Above average

71 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 4%

Past 10 years Victoria West sales snapshot (~80% of all data)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

52.1 is composed by the two sections below.

Property Score

47.7Low
Living Area882 sqft32Low
Year Built201697Excellent
Lot Size3,001 sqft38Low
Neighbourhood Sales Activity67Good

Community Score

58.7Fair
Household Income68Good
Education Level22Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health52Fair

Neighbourhood Sales

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.

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: #46110831

Community deep dive

$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

Population, labour & age

Population (2021)749
Labour force participation rate60%
Median age44.0
Avg household size2.0
Unemployment rate12%
Population density3404 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households48%
Couple families with children14%
Median household income (2020)$67K

Housing

Renter households18%
Condominium dwellings35%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority14%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
882 sqft
0255075100
Same streetBottom 27%Same areaBottom 35%CitywideBottom 15%
Same street · Ravelston Avenue W
#172 / 236
Bottom 27% · Avg 1,066 sqft
Same area · Victoria West
#661 / 1,021
Bottom 35% · Avg 976 sqft
Citywide · Winnipeg
#165,539 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
310k
0255075100
Same streetTop 36%Same areaTop 24%CitywideBottom 32%
Same street · Ravelston Avenue W
#85 / 236
Top 36% · Avg 310.9k
Same area · Victoria West
#243 / 1,021
Top 24% · Avg 281.8k
Citywide · Winnipeg
#131,753 / 194,458
Bottom 32% · Avg 390.1k

Year Built

Elite
2016
0255075100
Same streetTop 11%Same areaTop 2%CitywideTop 6%

Lot Size

below average
3,001 sqft
0255075100
Same streetBottom 11%Same areaBottom 7%CitywideBottom 11%

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

206 Ravelston Avenue W — 18 amenities found within 500 m, across 5 categories, including 6 dining (nearest 328 m), 2 education (nearest 329 m), 4 parks (nearest 245 m).

Search radius
🍽️Dining6
🏫Education2
🌳Parks4
Fuel Stations1
Worship5

Crime & Safety

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%

Sales History

Sold 9/2016CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Top 41%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 206 Ravelston Avenue W, Winnipeg

Property Overview: 206 Ravelston Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This 2016-built home in Victoria West presents a compelling mix of modern convenience and established neighborhood character. Its primary appeal lies in its relative newness within a context of much older housing stock. Built in 2016, the property is newer than 94% of homes on its street and a remarkable 98% of homes in the wider Victoria West community, suggesting lower immediate maintenance costs and contemporary building standards.

The 882 sqft living space is efficient and below the area average, positioning it as a manageable, low-maintenance footprint. This is paired with a modest 3,001 sqft lot, which reduces yard work but may limit expansion potential. Financially, the property holds a strong position within its immediate locale. Its assessed value is above the community average, ranking in the top 24% of Victoria West, indicating perceived stability and desirability for its specific offering.

This home would best suit first-time buyers, downsizers, or investors seeking a modern, turn-key property in a mature neighborhood without the upkeep of a larger, older house. It’s for those who prioritize a newer build and interior space over a large garden, and who value being part of a established community like Victoria West with the benefit of recent construction.


Section 2: Frequently Asked Questions

1. Is the living space too small?
At 882 sqft, the home is cozier than many in the area. It’s designed for efficient living and is ideal for individuals, couples, or small families who prefer minimalism and easy upkeep over expansive square footage.

2. How does the tax assessment compare?
The property’s assessed value is notably above the Victoria West community average, which can be a double-edged sword. It reflects strong value within the neighborhood but also suggests property taxes may be proportionally higher than for older, lower-assessed homes nearby.

3. What does the "newer build" really mean for me?
A 2016 build in a neighborhood where most homes are decades older significantly reduces the likelihood of major, near-term repairs (like roof, furnace, or window replacements) common in older properties, potentially offering years of predictable upkeep costs.

4. The lot seems small. Is that a drawback?
The lot is smaller than most in Winnipeg. This means less outdoor maintenance, which is a plus for many. However, it also limits potential for large additions, decks, or extensive landscaping, so it’s important to align with your lifestyle needs.

5. Are there any obvious trade-offs with this property?
The data suggests a clear trade-off: you are acquiring a much newer, low-maintenance structure but with less interior and land space than typical for the city and even the local area. The value is in the building’s condition and age, not in its size.

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