Property score
56.0
Fair
Overall 56.0 · Larger than most nearby homes
1,184 sqft (top 17%) · Built in 1947 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~71k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 4 parks, and 5 place of worships nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 83%Tagalog · 3%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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56.0 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: #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 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
308 Ravelston Avenue W — 12 amenities found within 500 m, across 3 categories, including 3 dining (nearest 451 m), 4 parks (nearest 163 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 50% | Top 39% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 308 Ravelston Avenue W in Victoria West presents a compelling mix of space, location, and value. Its key appeal lies in offering above-average living area within a well-regarded community, paired with a property tax assessment that is notably manageable for the area.
Key Characteristics & Ideal Buyer
The 1,184 sqft living space is a standout feature, ranking in the top 17% within the Victoria West community and offering more room than most immediate neighbors. This makes the interior feel spacious compared to local norms. Built in 1947, its age is typical for the street and community, suggesting a character home that fits the neighborhood’s established feel.
Financially, the property’s assessed value for taxes is a significant point of interest. While close to the average on its street and in Victoria West, it sits well below the Winnipeg citywide average. This indicates a potentially favorable tax burden relative to the city at large, a practical advantage that shouldn’t be overlooked. The land size (3,300 sqft) is compact, especially compared to city averages, which translates to lower maintenance but less private outdoor space.
This property would suit a practical buyer seeking value and space in a central community. It’s ideal for a first-time homeowner or downsizer who prioritizes interior square footage and a lower ongoing tax cost over a large yard. It appeals to those who appreciate an established neighborhood and are comfortable with a home of vintage character, likely seeing the efficient lot size as a benefit rather than a drawback.
Frequently Asked Questions
1. How does the living space truly compare to nearby homes?
The home’s living area is notably larger than most in the immediate vicinity. It surpasses the Victoria West community average by over 200 sqft and the specific street average by about 118 sqft, offering more interior room than many comparable properties nearby.
2. What does the below-average tax assessment mean for me?
The assessment being below the Winnipeg citywide average suggests your property tax bill will likely be lower than if the same home were assessed at a typical city value. It’s a relative financial advantage within this community, though final taxes depend on the mill rate.
3. Is the 1947 build year a concern?
The age is very typical for this street and the Victoria West area, where the average build year is 1945. It places the home squarely in the post-war character of the neighborhood. Buyers should expect the maintenance and update needs common to houses of this era.
4. How does the smaller land size impact the property?
The lot is efficient, requiring less upkeep than larger plots. However, it offers less space for extensive gardening, additions, or expansive outdoor recreation compared to many Winnipeg homes. Its size is more comparable to inner-city lots.
5. Are these rankings based on exact matches or general comparisons?
The rankings compare this property to “comparable” homes within each geographic range (street, community, city). This means it’s compared to similar housing types (likely single-family homes), not directly to apartments or condos, providing a relevant context for evaluation.
