Property score
47.6
Below average
Overall 47.6 · Larger but older than most nearby homes
875 sqft (top 2%) · Built in 1959 (37 yrs older than avg)
Located in a above-average income area with median household income of ~71k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 parks, and 4 place of worships nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Below average
37 yrs older than neighborhood avg.
Mother tongue
English · 83%Tagalog · 3%
Past 10 years Victoria West sales snapshot (~80% of all data)
28
161k
$212/sqft
1996
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47.6 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” (Condos, 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: #46110832
$71K
Median household income
$87K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
36%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
3-506 Madeline Street — 7 amenities found within 500 m, across 2 categories, including 3 parks (nearest 105 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 33% | Top 7% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 875 sqft property at 3-506 Madeline Street in Victoria West presents a distinct value profile. Its key appeal lies in offering above-average interior space for the immediate area while carrying a below-average property tax assessment. Built in 1959, it is typical for its specific street but is older than most homes in the wider community and city.
Key Characteristics & Appeal
The home’s most compelling feature is its generous living space relative to its neighborhood. At 875 sqft, it ranks 1st out of 12 on Madeline Street and 1st out of 53 in Victoria West, significantly larger than the local averages (761 sqft and 748 sqft, respectively). This makes it a standout for buyers seeking more room in these specific areas. However, its city-wide ranking for size is average (67th percentile), providing useful context.
Its financial appeal is anchored in a municipal assessment for taxes of $126,000. This is near the street average but is notably lower than both the Victoria West community average ($138,000) and significantly below the Winnipeg city average ($256,000). This suggests potential for relatively lower property taxes, a key ongoing cost.
This combination suits practical buyers who prioritize interior square footage and operating cost efficiency over a newer build or a premium city-wide assessment. It’s a strategic fit for first-time homeowners or investors looking for a value position in a central community, where the space-per-dollar ratio within the micro-market is favorable.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
This property offers more interior space than most comparable homes on its street and in the Victoria West community, ranking 1st out of 53 locally. City-wide, its size is close to the average.
2. What does the assessment value indicate?
The $126,000 assessment is used to calculate property taxes. It is below the averages for both the broader community and the city, which typically suggests a correspondingly lower annual tax burden compared to many other homes.
3. Is a 1959 build a concern?
The build year is exactly the average for Madeline Street but is older than most homes in Victoria West and Winnipeg. This is typical for the core of the city and suggests a prospective buyer should prioritize a thorough inspection to understand the condition and any needed updates.
4. Who would this property suit best?
It is well-suited for buyers who value space and cost-efficiency within a specific neighborhood over a newer construction date. It represents a practical choice for gaining above-average square footage in Victoria West at a running cost that appears favorable relative to the area.
5. How should I interpret the ranking data?
The rankings show how this property compares to similar ones in three expanding circles: its immediate street, the Victoria West community, and all of Winnipeg. This helps identify if its features (like size or assessment) are a local advantage or a broader market trait.
