Property score
65.4
Good
Overall 65.4 · Larger than most nearby homes
1,531 sqft (top 3%) · 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: 2 dining spots, 2 parks, and 4 place of worships nearby
Living Area
Above average
57% larger 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)
447
236.5k
$311/sqft
1945
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65.4 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
328 Victoria Avenue W — 8 amenities found within 500 m, across 3 categories, including 2 dining (nearest 360 m), 2 parks (nearest 109 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 28% | Bottom 45% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 328 Victoria Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition rooted in its desirable Victoria West neighborhood. Its key strength is its generous 1,531 sqft living area, which ranks in the elite top 3% for the neighborhood, offering significantly more space than the local average. This makes it a notably spacious home for the area. The lot size, while not oversized, is also above average for Victoria West.
The appeal lies in the balance between space, location, and value. The property’s assessed value is notably below both the street and citywide averages, which can indicate a more accessible entry point into a sought-after community. This combination suggests a property where you are paying more for the neighborhood and the interior space than for an expansive yard. It would suit value-conscious buyers looking for a character home with ample room in a prime location, who may be willing to consider updates or who see potential that isn't fully reflected in the current assessment. It’s a practical choice for those prioritizing interior square footage and location prestige over a newer build date or the largest lot on the block.
Section 2: Frequently Asked Questions
1. Why is the assessed value lower than the street and city averages?
This can be due to several factors, including the home's older 1947 construction, specific condition, or interior finishes not captured in the assessment model. It often represents a different value calculation than market price, but can suggest a lower property tax base.
2. How does the lot size compare practically?
At 5,400 sqft, the lot is above average for Victoria West, but smaller than the typical lot on Victoria Avenue W itself. This means you get a respectable outdoor space that fits the neighborhood norm, but not necessarily the largest yard on the street.
3. What does the "elite" living area ranking mean for daily life?
Ranking in the top 3% for neighborhood living area means this home likely offers more bedrooms, larger rooms, or more functional layout than most homes directly around it, providing a tangible sense of space and comfort within the community.
4. Are there any concerns with the 1947 build date?
While around average for the street and neighborhood, a home from this era may have original systems (like plumbing, electrical, or windows) that require updating or maintenance. A thorough inspection is recommended to understand the condition and any modernizations already completed.
5. Is this a good investment for the Victoria West area?
The metrics suggest you are acquiring a home with a strong spatial advantage in a top-tier neighborhood at an assessed value that is relatively modest. This imbalance between space/ location and assessed value can be attractive, but the ultimate investment potential will depend on the property's specific condition, modernization, and market trends.
