217 Ravelston Avenue W

Victoria West, Winnipeg

Property score

57.2

Fair

Overall 57.2 · Larger but older than most nearby homes

1,096 sqft (top 25%) · 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

Above average

12% larger 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

57.2 is composed by the two sections below.

Property Score

45.7Low
Living Area52
1,096 sqftFair
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

above average
1,096 sqft
0255075100
Same streetTop 35%Same areaTop 25%CitywideBottom 39%
Same street · Ravelston Avenue W
#82 / 236
Top 35% · Avg 1,066 sqft
Same area · Victoria West
#255 / 1,021
Top 25% · Avg 976 sqft
Citywide · Winnipeg
#118,188 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

below average
244k
0255075100
Same streetBottom 19%Same areaBottom 22%CitywideBottom 16%
Same street · Ravelston Avenue W
#192 / 236
Bottom 19% · Avg 310.9k
Same area · Victoria West
#792 / 1,021
Bottom 22% · Avg 281.8k
Citywide · Winnipeg
#163,722 / 194,458
Bottom 16% · 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

217 Ravelston Avenue W — 16 amenities found within 500 m, across 4 categories, including 5 dining (nearest 405 m), 2 education (nearest 382 m), 4 parks (nearest 286 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 5/2016CA$150k–200k
Sold price

Same street

Bottom 7%

Same area

Bottom 6%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 217 Ravelston Avenue W, Winnipeg

Property Overview & Key Characteristics

This home at 217 Ravelston Avenue W in Victoria West presents a compelling mix of character and value. Built in 1912, it is a well-established property in a mature neighborhood. Its key appeal lies in its efficient use of space and its position relative to the market. With 1,096 sqft of living area, the home is very close to the average for both its street and the Victoria West neighborhood, offering a comfortable footprint without excess. The lot size of 4,001 sqft is also generally in line with local norms.

The most striking characteristic is the assessed value of $244k, which is notably below average at every comparison level—street, neighborhood, and citywide. This creates a clear value proposition, offering entry into a desirable area at a price point that leaves room for personalization or investment. The home would suit a first-time buyer or a practical downsizer who appreciates older home charm and is looking for a solid foundation in a established community, potentially with an eye toward gradual updates. It’s a property for those who measure value not just in square footage, but in the opportunity to own in a prime location without a premium price tag.

Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It primarily indicates the home is priced accessibly compared to its surroundings and may reflect its older age. It can be an advantage for property taxes and represents a lower entry cost into the neighborhood.

2. What does the 1912 build date mean for a buyer?
It confirms this is a character home with history. Buyers should budget for a thorough inspection to understand the condition of older systems (plumbing, electrical, roof) and embrace any updates as part of preserving a classic property.

3. How does the living space feel compared to newer homes?
At just over 1,000 sqft, it is efficient and manageable. The layout may differ from open-concept modern builds, potentially featuring more defined rooms. It’s ample for a small household but requires thoughtful organization.

4. The lot is smaller than the city average. Is that a drawback?
In context, it’s average for Victoria West. It provides manageable outdoor space with less maintenance than a larger lot, which can be a benefit for many urban homeowners.

5. Who is this home not ideally suited for?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those who require expansive living areas and a very large yard. It’s best for those who see potential and value location over sheer size or new construction.