Property score
58.8
Fair
Overall 58.8 · Newer than most nearby homes
1,021 sqft (top 36%) · Built in 2021 (76 yrs newer than avg)
Located in a above-average income area with median household income of ~67k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 1 school, 3 parks, and 1 fuel station nearby
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Above average
76 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
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58.8 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
227 Victoria Avenue W — 16 amenities found within 500 m, across 5 categories, including 6 dining (nearest 292 m), 1 education (nearest 440 m), 3 parks (nearest 229 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 | Top 21% | Top 4% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 227 Victoria Avenue W presents a compelling mix of modern convenience and established neighborhood character. Its key appeal lies in being a recently built property (2021) within a mature, sought-after area, offering a move-in-ready experience without the typical wait for a new development. With 1,021 sqft of living space, it is a comfortably sized home that ranks close to the average for its immediate street and neighborhood, suggesting it fits well within the local context.
The property is particularly suited to buyers who prioritize modern construction and systems but desire the mature trees and settled feel of the Victoria West community. It’s an ideal match for professionals, small families, or downsizers seeking a low-maintenance, contemporary home without sacrificing location. A thoughtful perspective is that while the land size is smaller than area averages, this often translates to less yard upkeep—a potential benefit for those seeking efficiency. Furthermore, its exceptional assessment value ranking within the Victoria West neighborhood (top 2%) indicates it is perceived as a high-quality asset in a desirable locale, which can be a positive signal for long-term value.
Frequently Asked Questions
1. How does the modern build (2021) impact living costs?
As a nearly new construction, major systems like roofing, HVAC, plumbing, and wiring are under warranty or have decades of life remaining. This typically translates to lower immediate repair costs and potentially improved energy efficiency compared to older homes in the area.
2. The land size is noted as below average. What does this mean practically?
The lot is efficiently sized. This means less time and expense on yard maintenance, which many buyers appreciate. It also suggests a more modern, compact footprint, potentially placing the home closer to the street than some older, larger-lot properties in the neighborhood.
3. The assessment value is in the top 2% for Victoria West. Will my property taxes be very high?
While a high assessment relative to neighbors generally indicates a higher property tax bill, it's crucial to note that Victoria West's average assessment is significantly lower than the city's. Therefore, your taxes are likely competitive city-wide but reflect the premium for a new, high-quality home in this specific community.
4. Is the living space sufficient for a growing family?
At just over 1,000 sqft, the home offers a practical layout common in newer builds. It is spacious for a couple or small family but may feel compact for those needing multiple dedicated rooms or extensive storage. Its size is very close to the neighborhood average, indicating it's a typical fit for the area.
5. What are the trade-offs of buying a new home in an old neighborhood?
The primary benefit is a modern, worry-free interior within a walkable, established community. The trade-off is often a different architectural character and a smaller, more urban lot size compared to the neighborhood's historic, larger-lot homes. You're buying the community's charm paired with contemporary convenience.
