Property score
43.1
Below average
Overall 43.1 · Smaller and older than most nearby homes
686 sqft (bottom 6%) · Built in 1925 (20 yrs older than avg)
Located in a above-average income area with median household income of ~79.5k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 5 place of worships nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
20 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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43.1 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
339 Ravelston Avenue W — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 482 m), 3 parks (nearest 146 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 29% | Bottom 33% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 9% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 339 Ravelston Avenue W in Winnipeg’s Victoria West neighborhood presents a clear value-oriented proposition. Its key characteristic is a below-average assessment value ($236k), which is notably lower than averages on its street, in the neighborhood, and citywide. The living area (686 sq ft) and lot size (3,300 sq ft) are also modest compared to local norms. Built in 1925, it is an older home even for its historic area.
The appeal lies in its affordability and potential. It suits first-time buyers seeking an entry point into the market, investors looking for a rental property with a lower initial outlay, or downsizers comfortable with a smaller footprint. A thoughtful perspective is that its lower-than-average metrics across the board could mean less property tax burden relative to neighboring homes, and the compact size offers manageable upkeep. It’s a practical choice for those who prioritize financial accessibility over square footage in an established community.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
The assessment is based on specific property characteristics. This home has a smaller living area and lot size than most comparable properties in Winnipeg, which directly influences its lower valuation.
2. What does the "Below Average" ranking for the build year mean?
It indicates this home (built in 1925) is older than the majority of comparable homes on its street, in Victoria West, and across Winnipeg. This can imply a need for more diligent maintenance or updates but also contributes to its character and lower entry price.
3. Is the lot size a disadvantage?
At 3,300 sq ft, the lot is smaller than the neighborhood and city averages. For some, this means less outdoor maintenance and garden space. For others, it may limit expansion possibilities. It is closer to the average for its specific street.
4. Who would this property not be suitable for?
It may not suit buyers looking for a move-in-ready home with modern, open layouts, or families requiring multiple large bedrooms and more living space. Those seeking a property that immediately aligns with area averages in size and value might also look elsewhere.
5. Where can I see how this property compares visually to its neighbors?
You can open the neighbourhood analysis page to view this property on a map alongside nearby houses, with detailed comparisons for year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
