Property score
40.5
Below average
Overall 40.5 · Smaller and older than most nearby homes
755 sqft (bottom 16%) · Built in 1930 (15 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
23% smaller than neighborhood avg.
Year Built
Below average
15 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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40.5 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: #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
337 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 419 m), 3 parks (nearest 49 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 12% | Bottom 16% | Bottom 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 337 Victoria Avenue W, Winnipeg
Key Characteristics & Target Buyer
This home presents a distinct value proposition centered on its below-average assessed value of $206k. At 755 sqft on a 2,700 sqft lot, it is a compact property, ranking below local averages for both size and value on its street, in the Victoria West neighbourhood, and citywide. Built in 1930, it is notably older than many comparable homes in the area.
Its primary appeal lies in affordability and entry-point accessibility into the market. The low assessment suggests a correspondingly lower purchase price and property tax burden, which is a significant advantage for cost-conscious buyers. It would suit first-time buyers, investors seeking a rental property with a lower entry cost, or individuals looking to downsize and minimize expenses. A thoughtful perspective is that a home ranking "below average" in metrics like size and value on a street where averages are high can represent a strategic opportunity to gain a foothold in a desirable location without the typical price tag, allowing equity to be built through renovation over time.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street and city averages?
The assessment reflects a combination of the home's smaller size, older age, and potentially the condition or features relative to other properties. It is fundamentally priced as a more compact and modest option in its surroundings.
2. What does the "Below Average" ranking for lot size mean for me?
With a 2,700 sqft lot ranking below the neighbourhood and street averages, you have less outdoor space than many nearby properties. This means lower maintenance but also limited potential for expansions like large additions or pools.
3. As an older home (1930), what should I be prepared for?
While the core structure is solid, you should budget for updates to older mechanical systems (like plumbing or wiring), insulation, and windows. A thorough inspection is essential to understand the modernization required.
4. Who would this property NOT be well-suited for?
It would likely not suit buyers looking for a move-in-ready, modern spacious home, those needing multiple bedrooms, or anyone wanting extensive yard space. It is a project-in-waiting for the right buyer.
5. Is the low assessment a guarantee of low property taxes?
Generally, yes, as property taxes are calculated using the assessed value. A value significantly below area averages should result in a lower annual tax bill compared to neighbouring homes.
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