Property score
55.5
Fair
Overall 55.5 · Larger than most nearby homes
1,155 sqft (top 19%) · Built in 1945
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
Above average
18% larger than neighborhood avg.
Year Built
Below average
0 yrs newer 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
55.5 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
218 Ravelston Avenue W — 18 amenities found within 500 m, across 5 categories, including 6 dining (nearest 389 m), 2 education (nearest 397 m), 4 parks (nearest 267 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 18% | Bottom 23% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,155 sqft home, built in 1945, sits on a 4,001 sqft lot in Victoria West. Its key appeal lies in offering solid space in a desirable neighborhood at a relatively accessible entry point. The property’s assessed value for taxes is notably below both the street and city averages, suggesting a potentially lower tax burden and an opportunity for value-conscious buyers. While the home is older and the lot size is modest compared to broader city standards, it ranks favorably within its own community for living space, indicating a well-sized home for the area.
This home would suit a first-time buyer or an investor looking for a foothold in a well-regarded community without the premium price tag of a larger or fully renovated property. It’s also a candidate for someone comfortable with a home of vintage character who may see potential in updates over time.
Frequently Asked Questions
1. What does the below-average assessment value mean for me?
Primarily, it suggests your municipal property taxes will likely be lower than if the home were assessed at the street or city average. It can indicate a more affordable ongoing cost, though it may also reflect the home’s age and condition relative to others.
2. The home is older than most on its street. Should I be concerned?
A 1945 build means systems like plumbing, electrical, and the roof may be due for updates or have been partially updated over time. A thorough inspection is essential. The positive side is that homes of this era in Victoria West often feature solid construction and classic layouts.
3. How does the lot size impact living here?
At just over 4,000 sqft, the lot is manageable for maintenance and smaller than many in Winnipeg. This could be a benefit for those wanting less yard work. However, it offers less private outdoor space and expansion potential compared to larger lots on the same street.
4. The living space ranks well in the neighborhood but average city-wide. How should I interpret that?
This highlights the character of Victoria West, where homes can be more compact and efficiently laid out than the sprawling average for the entire city. You’re getting a home that is actually above the neighborhood average for size, which is the more relevant daily comparison.
5. Are these rankings a good indicator of value?
They are useful benchmarks, not a full valuation. They show you how this property measures up statistically to its peers in key categories. The data suggests a trade-off: you gain a cost advantage (in price and taxes) and a good neighborhood position, while accepting an older home on a smaller lot. Your personal valuation will depend on how much weight you give each factor.
