Property score
43.4
Below average
Overall 43.4 · Smaller and older than most nearby homes
832 sqft (bottom 29%) · Built in 1912 (33 yrs older 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: 2 dining spots, 3 parks, and 4 place of worships nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
33 yrs older 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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43.4 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
327 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 389 m), 3 parks (nearest 84 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 8% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 327 Victoria Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its vintage charm, modest scale, and notable value position. Built in 1912, it is an older character home in the Victoria West neighborhood. Its key characteristic is a smaller physical footprint: at 832 sqft of living area on a 2,700 sqft lot, it is notably more compact than most comparable homes on its street, in the neighborhood, and across Winnipeg.
The primary appeal lies in its affordability and efficiency. With an assessed value of $198k, it ranks highly for value (Top 92-96% across all levels), meaning it is priced significantly below area averages. This creates a compelling entry point into the market. It would suit first-time buyers, downsizers, or investors seeking a lower-cost holding with renovation potential. The appeal is for those who prioritize financial accessibility and a simpler, low-maintenance layout over space, and who appreciate the character of an early 20th-century home. A thoughtful perspective is that this smaller scale can mean lower utility costs, less upkeep, and a cozier, more manageable living environment, which is an often-overlooked advantage.
Section 2: Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. The consistent ranking (Top 92%+ in value across all comparisons) indicates the assessment accurately reflects its smaller size and older age relative to other properties. It primarily signals an affordable entry point rather than an underlying issue.
2. How does the smaller living area and lot size impact daily living?
It requires efficient use of space and likely means limited room for large gatherings or extensive private outdoor space. However, it translates to less interior cleaning and yard maintenance, which can be a benefit for certain lifestyles.
3. What should I consider with a 1912-built home?
While full of character, proactive attention to aging components is key. A thorough inspection for the foundation, wiring, plumbing, and insulation is essential. Budgeting for updates that respect the home’s era while improving efficiency is a common approach.
4. The home ranks "Below Average" in size on its own street. Does that matter?
This indicates the surrounding homes on Victoria Avenue W are generally larger and on bigger lots. The property offers the location and neighborhood benefits but in a more modest, affordable package. It does not imply a problem with the property itself.
5. Who is this property not well-suited for?
It is likely not ideal for buyers who need multiple bedrooms, dedicated home office space, room for a growing family, or who desire extensive outdoor privacy for gardening or recreation. Those seeking a move-in-ready modern layout may also find the scope for updates considerable.
