Property score
49.5
Below average
Overall 49.5 · Smaller than most nearby homes
768 sqft (bottom 19%) · Built in 1954 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~79.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 3 parks, and 4 place of worships nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
9 yrs newer 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
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49.5 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
315 Harvard Avenue W — 10 amenities found within 500 m, across 3 categories, including 3 education (nearest 340 m), 3 parks (nearest 135 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 36% | Top 16% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 30% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 768 sqft home at 315 Harvard Avenue W, built in 1954, presents a specific and compelling value proposition within Winnipeg's Victoria West neighborhood. Its appeal is defined by a clear contrast: the home itself is modest in size, ranking below local and city averages for living space, yet it sits on a desirable, above-average lot of 4,950 sqft for the area. The assessed value of $322k is notably above the neighborhood average, reflecting the premium for its location and land, while being more moderate compared to its immediate street and the wider city.
The property suits practical, value-conscious buyers. It's ideal for a first-time homeowner, a downsizer, or an investor who prioritizes land potential and location over immediate square footage. The generous lot offers room for expansion, a large garden, or future development, making it a strategic purchase for someone willing to renovate or build. It also appeals to those seeking a lower-maintenance home footprint without sacrificing outdoor space in a well-regarded central neighborhood.
Key Considerations & FAQs
1. Is the house too small for the price?
The price reflects the land and location more than the current home. You are primarily investing in a large, desirable lot in Victoria West. The existing house provides a functional entry point, with the lot offering the long-term value through potential renovation or redevelopment.
2. What does the "above average" assessed value for the neighborhood mean?
It confirms the property is considered a higher-value asset within Victoria West, likely due to its lot size and specific location. This can be positive for equity, but it's wise to understand how this assessment compares to recent sale prices of similar properties.
3. Given the age, what should I budget for maintenance?
Built in 1954, the home is past the 70-year mark where major systems (like plumbing, electrical, roof, and foundation) may require inspection and significant updates. A thorough inspection is essential, and budgeting for these potential updates is a responsible next step.
4. How does the lot size compare, and what can I do with it?
The lot is over 15% larger than the neighborhood average, which is a significant advantage. This allows for possibilities that many neighboring properties do not have, such as adding a sizable addition, creating detached parking or a workshop, or simply enjoying more private outdoor space.
5. Why is the living area considered below average on its own street?
Harvard Avenue W appears to have a mix of larger, older homes (average 1,631 sqft). This property is among the smaller, newer homes on the block. This context is useful for understanding the streetscape and your immediate neighbors, but the neighborhood and city-wide comparisons are more relevant for overall marketability.
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