Property Overview

This home at 208 Yale Avenue W in Winnipeg's Victoria West neighborhood presents a balanced and practical offering. Its key appeal lies in being a well-sized, modern home within its immediate community, offering more space and newer construction than many local comparables.

Key Characteristics & Target Buyer

The 1,168 sqft residence, built in 1978, stands out as notably newer than most homes on its street and in Victoria West, where average build years are 1939 and 1945 respectively. This suggests potentially fewer immediate concerns with aging infrastructure. While the living space is close to the city average, it is significantly larger than the neighborhood average of 976 sqft, providing above-average roominess for the area.

The property’s assessed value for taxes tells an interesting story: at $361,000, it ranks highly within Victoria West (top 4%), indicating it is considered a premium property for the community. However, it sits closer to average when compared just to its own street or the wider city. This positions it as a strong value within a desirable neighborhood, rather than an outlier in the broader market. The lot size of 4,951 sqft is also comfortably above the community average.

This home would suit practical buyers looking for a move-in-ready property in an established neighborhood, who value modern construction but don’t require the largest lot on the block. It’s particularly suited for those who prioritize the character and convenience of Victoria West and see value in owning a home that stands above the neighborhood norm in terms of age and size.

Frequently Asked Questions

1. What does the 1978 build year mean for me?
Being built decades later than many surrounding homes often means updated electrical, plumbing, and insulation standards for its era, which can reduce the risk and cost of major system upgrades common in older houses.

2. The assessment is in the top 4% for the neighborhood but only average for the street. Why?
This highlights that Victoria West is a varied community. Your immediate street (Yale Avenue W) consists of higher-value homes on average, so while this property is excellent for the wider neighborhood, it fits right in among its closest neighbors.

3. Is the living space sufficient for a family?
At 1,168 sqft, it is over 190 sqft larger than the typical Victoria West home, offering more space than many in the area. It provides a comfortable size for a small to medium family, especially when combined with the near-5,000 sqft lot.

4. How should I interpret the lot size rankings?
The lot is above average for Victoria West but closer to average city-wide. This means you’re getting a very decent, usable yard for the neighborhood—a desirable feature in a mature community—without the extensive maintenance that comes with some of the city's largest lots.

5. What’s the main takeaway from all these rankings?
The data consistently shows this is a property that outperforms neighborhood averages in key categories (newer, larger, higher assessed value). It offers the benefits of a well-regarded community while providing more modern and spacious living than is typical there, all from a solid, middle-of-the-road position on its own street.