322 Victoria Avenue W

Victoria West, Winnipeg

Property score

43.7

Below average

Overall 43.7 · Smaller than most nearby homes

797 sqft (bottom 24%) · Built in 1947 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~71k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 parks, and 4 place of worships nearby

Living Area

Below average

18% smaller 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)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

43.7 is composed by the two sections below.

Property Score

30.5Low
Living Area797 sqft22Low
Year Built194730Low
Lot Size4,050 sqft53Fair
Neighbourhood Sales Activity67Good

Community Score

63.4Fair
Household Income72Good
Education Level10Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110832

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate74%
Median age38.8
Avg household size2.2
Unemployment rate8%
Population density3976 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children21%
Median household income (2020)$71K

Housing

Renter households21%
Condominium dwellings6%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
797 sqft
0255075100
Same streetBottom 15%Same areaBottom 24%CitywideBottom 9%
Same street · Victoria Avenue W
#349 / 410
Bottom 15% · Avg 1,381 sqft
Same area · Victoria West
#774 / 1,021
Bottom 24% · Avg 976 sqft
Citywide · Winnipeg
#177,528 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

below average
199k
0255075100
Same streetBottom 7%Same areaBottom 4%CitywideBottom 8%
Same street · Victoria Avenue W
#382 / 410
Bottom 7% · Avg 447.8k
Same area · Victoria West
#983 / 1,021
Bottom 4% · Avg 281.8k
Citywide · Winnipeg
#178,762 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetBottom 40%Same areaBottom 43%CitywideBottom 24%

Lot Size

around average
4,050 sqft
0255075100
Same streetBottom 38%Same areaBottom 48%CitywideBottom 27%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

322 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 3 dining (nearest 340 m), 2 parks (nearest 128 m).

Search radius
🍽️Dining3
🌳Parks2
Worship4

Crime & Safety

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%

Sales History

Sold 5/2021CA$150k–200k
Sold price

Same street

Bottom 6%

Same area

Bottom 7%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 322 Victoria Avenue W, Winnipeg

Property Overview: 322 Victoria Avenue W, Winnipeg

Key Characteristics & Appeal

This is a modest, post-war home built in 1947, offering a practical entry point into Winnipeg’s Victoria West neighborhood. Its primary appeal lies in its position as an affordable and manageable property in a well-established area. At 797 sqft of living space on a 4,050 sqft lot, the home is notably smaller than averages for the street, neighborhood, and city, which points to its core characteristic: it is a compact, no-frills dwelling.

The data reveals a thoughtful perspective. While the home ranks below average in size and value compared to its surroundings, this creates a unique opportunity. It suits a specific buyer seeking lower property taxes and a home with a smaller physical and financial footprint. The assessed value is significantly lower than area averages, which can be attractive for first-time buyers, downsizers, or investors looking for a rental property with a lower entry cost. The lot size is fairly typical for the immediate neighborhood, offering a standard urban yard. This property doesn’t compete on grandeur, but on practicality and location within a mature community.


Frequently Asked Questions

1. Why is the assessed value so much lower than the street and city averages?
The assessed value is primarily a function of the home’s smaller size, age, and likely its current condition and features compared to larger, renovated, or more modern homes on the same street and across Winnipeg. It reflects its market position as a more affordable option.

2. What type of buyer would this home be best for?
It’s well-suited for a first-time homebuyer prioritizing getting into a neighborhood over square footage, an investor seeking a rental property, or someone looking to downsize and reduce living expenses and maintenance.

3. Is the smaller living space a major drawback?
It depends on your needs. For a single person, couple, or small family comfortable with cozy living, it’s manageable. The data clearly shows it’s smaller than most, so buyers should be prepared for a compact layout and consider if future expansion is possible or desired.

4. The home is older. What should I be concerned about?
As a home built in 1947, a thorough inspection is essential. Key focus areas would be the age and condition of major systems like plumbing, electrical, heating, and the roof. The foundation and insulation may also not meet modern standards.

5. How does the lot size compare, and what are the possibilities?
At 4,050 sqft, the lot is around average for the Victoria West neighborhood but below the city average. It provides a standard urban yard. For the right buyer, the lot presents potential for future outdoor living space or even an addition, subject to local zoning regulations.

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