215 Ravelston Avenue W

Victoria West, Winnipeg

Property score

50.0

Fair

Overall 50.0 · Older than most nearby homes

862 sqft (bottom 33%) · Built in 1912 (33 yrs older than avg)

Located in a above-average income area with median household income of ~79.5k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 2 schools, 4 parks, and 5 place of worships nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

33 yrs older than neighborhood avg.

Mother tongue

English · 82%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

50.0 is composed by the two sections below.

Property Score

33.7Low
Living Area32
862 sqftLow
Year Built16
1912Low
Lot Size53
4,001 sqftFair
Neighbourhood Sales Activity67
Good

Community Score

74.5Good
Household Income76
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health68
Good

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: #46110829

Community deep dive

$80K

Median household income

$84K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

29%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)508
Labour force participation rate70%
Median age34.8
Avg household size2.5
Unemployment rate12%
Population density3386 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households29%
Couple families with children26%
Median household income (2020)$80K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$234K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority30%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
862 sqft
0255075100
Same streetBottom 25%Same areaBottom 33%CitywideBottom 13%
Same street · Ravelston Avenue W
#178 / 236
Bottom 25% · Avg 1,066 sqft
Same area · Victoria West
#689 / 1,021
Bottom 33% · Avg 976 sqft
Citywide · Winnipeg
#168,715 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

below average
230k
0255075100
Same streetBottom 12%Same areaBottom 15%CitywideBottom 13%
Same street · Ravelston Avenue W
#208 / 236
Bottom 12% · Avg 310.9k
Same area · Victoria West
#867 / 1,021
Bottom 15% · Avg 281.8k
Citywide · Winnipeg
#169,054 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 12%Same areaBottom 8%CitywideBottom 8%

Lot Size

around average
4,001 sqft
0255075100
Same streetTop 48%Same areaBottom 44%CitywideBottom 26%

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

215 Ravelston Avenue W — 16 amenities found within 500 m, across 4 categories, including 5 dining (nearest 395 m), 2 education (nearest 370 m), 4 parks (nearest 274 m).

Search radius
🍽️Dining5
🏫Education2
🌳Parks4
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 3/2024CA$200k–250k
Sold price

Same street

Bottom 15%

Same area

Bottom 19%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 215 Ravelston Avenue W, Winnipeg

Property Overview: 215 Ravelston Avenue W, Winnipeg

Key Characteristics & Appeal

This home presents a clear value proposition in Winnipeg’s Victoria West neighborhood. Its primary characteristic is being a smaller, more affordable property within its context. At 862 sqft, the living space is notably below the averages for its street, neighborhood, and city, indicating a compact, efficient layout. Built in 1912, it is a character home that is older than most comparable properties in the area.

The appeal lies in its accessibility. With an assessed value significantly below local and city averages, it offers a lower barrier to entry into a established neighborhood. The lot size of 4,001 sqft is consistent with the neighborhood average, providing standard outdoor space. This property suits first-time buyers, downsizers, or investors seeking a character home at a manageable price point, who prioritize location and lot over square footage and are prepared for the nuances of an older home. A thoughtful perspective is that its smaller size and lower valuation could mean proportionally lower property taxes and utility costs, offering long-term affordability beyond the purchase price.

Frequently Asked Questions

1. Is this a small house?
Yes. At 862 square feet, the living area is below average for the street, neighborhood, and Winnipeg overall. It is a compact home.

2. Why is the assessed value so much lower than the averages shown?
The assessed value of $230k reflects the property's smaller size and older age compared to the benchmarks. It ranks in the bottom 15% for value on its own street, indicating it is one of the more affordable options in the immediate area.

3. What does the 1912 build date mean for me?
It means this is a character home with potential heritage charm, but it also requires a buyer to be mindful of older construction materials, systems (like plumbing and electrical), and the need for potential updates. It is notably older than most homes on the street.

4. How does the lot size compare?
At just over 4,000 sqft, the lot is around the neighborhood average but smaller than the typical lot on Ravelston Avenue W and in Winnipeg overall. It provides a standard-sized yard for the Victoria West area.

5. Are the rankings good or bad?
The rankings show this property is "below average" in most categories (size, value, age) compared to peers. This isn't inherently bad—it directly translates to its lower price and defines its niche. It’s for a buyer seeking affordability in the location, not a larger, modernized home.