Property score
41.8
Below average
Overall 41.8 · Smaller than most nearby homes
624 sqft (bottom 3%) · Built in 1948 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~71k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 4 parks, and 5 place of worships nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Near average
3 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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41.8 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: #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 Yale Avenue W — 15 amenities found within 500 m, across 3 categories, including 6 dining (nearest 376 m), 4 parks (nearest 139 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 12% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 308 Yale Avenue W, Winnipeg
Key Characteristics & Appeal
This 1948 home in Victoria West presents a distinct value proposition centered on its lot and location. Its primary characteristic is a notable imbalance: the living area (624 sq ft) is significantly below average for the street, neighborhood, and city, placing it in the top 1-3% for compact size. Conversely, its 4,950 sq ft lot is above average for the Victoria West neighborhood (top 19%), offering generous outdoor space rare for the area.
The appeal lies in this contrast. The assessed value of $254k is well below the street and city averages, indicating an entry point into a established neighborhood. This suits buyers looking for a footprint, not a finished product. It’s ideal for a minimalist, a downsizer seeking a manageable interior with room for gardens or outdoor living, or an investor/owner-occupant viewing the home as a candidate for a significant expansion or rebuild, leveraging the substantial lot. Its age and size make it a lower-maintenance shell with high potential, rather than a move-in-ready family home.
Frequently Asked Questions
1. Is the house too small?
Yes, by conventional standards. The living area is among the smallest 3% in Winnipeg. It functions as a compact one-bedroom or large studio layout, suited for one or two people comfortable with efficient living.
2. Why is the lot size important here?
In Victoria West, lots over 4,900 sq ft are less common. This provides a rarity: space for additions, landscaping, detached structures (subject to bylaws), or simply more privacy than typical neighborhood lots offer.
3. Does the low assessed value mean it’s a bargain?
It reflects the home's very small size and age relative to its surroundings. It’s priced for the existing structure, not the land's potential. The "bargain" is the opportunity to secure a large lot in the neighborhood at a price point defined by the current dwelling.
4. What type of renovation would make sense?
A strategic renovation would focus on expanding the living space to better utilize the lot. Given the value gap between this home and area averages, a thoughtful addition could align the property more closely with neighborhood norms without overcapitalizing.
5. How should I interpret the ranking data?
The rankings show how this property compares to similar ones. Key takeaways: its size is exceptionally low (top 99%), its lot is relatively large for the local area (top 19%), and its value is consistently below average across all comparisons, highlighting its as-is condition versus its location's premium.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
