Property score
45.1
Below average
Overall 45.1 · Smaller and older than most nearby homes
776 sqft (bottom 20%) · Built in 1916 (29 yrs older than avg)
Located in a above-average income area with median household income of ~79.5k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 4 parks, and 5 place of worships nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
29 yrs older than neighborhood avg.
Mother tongue
English · 82%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
45.1 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: #46110829
$80K
Median household income
$84K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
29%
Single-person households
26%
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
309 Ravelston Avenue W — 10 amenities found within 500 m, across 3 categories, including 1 dining (nearest 500 m), 4 parks (nearest 198 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 16% | Bottom 20% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 309 Ravelston Avenue W, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its lot and location within Victoria West. At 776 sqft, the living space is notably compact, ranking below average for the street, neighborhood, and city. The 1916 build date indicates a classic character home, and the assessed value of $246k sits comfortably below area averages, reflecting its size. The primary standout is the 3,300 sqft lot, which is more generous than many in the immediate area and offers significant potential for gardening, expansion, or outdoor living—a rarity for the price point in this location.
Its appeal lies in being an accessible entry into a well-established neighborhood. It suits practical, value-conscious buyers such as first-time homeowners, downsizers seeking a manageable footprint without sacrificing outdoor space, or investors looking for a character property with land. It’s a home for those who prioritize location and land over immediate square footage, viewing the compact interior as a canvas for efficient design or future renovation.
Frequently Asked Questions
1. Is the home’s below-average size a major concern?
It depends on your needs. The size is efficient for one or two people. The value here is in the land and location; the house itself may be best suited for those comfortable with cozy spaces or willing to plan a future expansion.
2. What does the 1916 build date mean for maintenance?
As a century-old home, it likely has classic charm but requires a diligent inspection. Potential buyers should budget for updates to older systems (like wiring or plumbing) and ensure the foundation and structure have been well-maintained.
3. Why is the assessed value lower than the neighborhood average?
The assessed value is strongly influenced by the home’s smaller living area and age. This can be an advantage, potentially leading to relatively lower property taxes compared to larger homes on the same street.
4. How does the lot size compare to nearby properties?
At 3,300 sqft, the lot is more aligned with the neighborhood average and is a competitive feature for this street. It provides a tangible outdoor asset that many similarly priced, smaller-lot properties do not offer.
5. Who would this property NOT suit?
It may not be ideal for families requiring multiple bedrooms or dedicated workspaces, or for buyers who want a move-in-ready home with modern, open-concept layouts without undertaking renovation projects.
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.
