Property score
49.2
Below average
Overall 49.2 · Older than most nearby homes
848 sqft (bottom 31%) · Built in 1927 (18 yrs older than avg)
Located in a above-average income area with median household income of ~79.5k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 4 parks, and 5 place of worships nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Below average
18 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
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49.2 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
323 Ravelston Avenue W — 10 amenities found within 500 m, across 3 categories, including 1 education (nearest 494 m), 4 parks (nearest 159 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 5% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 323 Ravelston Avenue W in Victoria West presents a distinct value proposition. Built in 1927, it is an older, character property with a smaller footprint (848 sqft living area on a 3,300 sqft lot) that stands in contrast to many modern, larger homes. Its appeal lies in its position as a more affordable entry point into a well-established Winnipeg neighborhood. The assessed value of $252k is notably below averages for the street, neighborhood, and city, suggesting potential for buyers mindful of budget.
This property would suit a first-time buyer, an investor, or someone seeking a lower-maintenance home without sacrificing location. It’s for those who value character over square footage and see opportunity in a home that ranks below average in size and value metrics but offers a chance to enter a stable community. A thoughtful perspective is that its older vintage, while requiring attention, often comes with construction quality and charm not found in newer builds. Additionally, its smaller lot size translates to less yard work, which can be a hidden benefit for certain lifestyles.
1. Is this a good value for the area?
Based on the data, the assessed value is significantly below the average for comparable homes on the street ($310.9k) and in the city ($390.1k). This indicates a lower entry price for the Victoria West neighborhood, which could represent good value, especially for a buyer comfortable with an older, smaller home.
2. What should I know about a home built in 1927?
While offering classic character, a home of this age will likely have older systems (like plumbing, wiring, and the foundation). A thorough inspection is essential to understand the condition and potential future investments needed for updates or maintenance.
3. The living space is smaller than average. How does that affect livability?
At 848 sqft, the living area is compact. This requires efficient use of space and may not suit those needing multiple bedrooms or large common areas. However, it can mean lower utility costs and less space to furnish and maintain.
4. How does the smaller lot size (3,300 sqft) compare?
The lot is smaller than most in the city but is around average for its immediate street. This typically means a more manageable yard with less upkeep, but also less private outdoor space and potentially less room for expansions like a large addition or garage.
5. The rankings show it's "below average" in many categories. Is that a bad sign?
Not necessarily. These statistical rankings compare specific metrics like size and assessed value. A home ranking "below average" in these areas often correlates with a lower price. It highlights this as a more modest, affordable property within its context, not necessarily a deficient one. The key is aligning these facts with your personal needs and budget.
