343 Victoria Avenue W

Victoria West, Winnipeg

Property score

65.3

Good

Overall 65.3 · Larger and newer than most nearby homes

1,256 sqft (top 11%) · Built in 2017 (72 yrs newer than avg)

Located in a above-average income area with median household income of ~71k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 parks, and 4 place of worships nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Above average

72 yrs newer than neighborhood avg.

Mother tongue

English · 83%Tagalog · 3%

Past 10 years Victoria West sales snapshot (~80% of all data)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

65.3 is composed by the two sections below.

Property Score

66.6Good
Living Area66
1,256 sqftGood
Year Built97
2017Excellent
Lot Size28
2,500 sqftLow
Neighbourhood Sales Activity67
Good

Community Score

63.4Fair
Household Income72
Good
Education Level10
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110832

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate74%
Median age38.8
Avg household size2.2
Unemployment rate8%
Population density3976 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children21%
Median household income (2020)$71K

Housing

Renter households21%
Condominium dwellings6%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,256 sqft
0255075100
Same streetTop 32%Same areaTop 11%CitywideTop 45%
Same street · Victoria Avenue W
#131 / 410
Top 32% · Avg 1,381 sqft
Same area · Victoria West
#114 / 1,021
Top 11% · Avg 976 sqft
Citywide · Winnipeg
#87,820 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

Elite
376k
0255075100
Same streetTop 26%Same areaTop 3%CitywideTop 45%
Same street · Victoria Avenue W
#106 / 410
Top 26% · Avg 447.8k
Same area · Victoria West
#35 / 1,021
Top 3% · Avg 281.8k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 5%

Lot Size

below average
2,500 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

343 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 444 m), 3 parks (nearest 34 m).

Search radius
🍽️Dining2
🌳Parks3
Worship4

Crime & Safety

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%

Sales History

Sold 11/2024CA$350k–400k
Sold price

Same street

Top 19%

Same area

Top 2%

City-wide

Top 38%

Related homes

Highlights & common questions: 343 Victoria Avenue W, Winnipeg

Property Overview: 343 Victoria Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This 2017-built home at 343 Victoria Avenue W presents a compelling mix of modern convenience and location-based value. Its key appeal lies in its exceptional newness within a mature, established neighborhood. Built in 2017, it ranks in the top 1% of homes for age on its street and in the Victoria West community, meaning it offers contemporary construction, systems, and finishes amidst older, character homes. This translates to potential savings on immediate repairs and modern energy efficiency.

With 1,256 sqft of living space, the home is sized close to the citywide average, offering comfortable space without being excessive. Its most significant financial advantage is its assessment value relative to the immediate community. While the assessment is close to the Winnipeg average, it ranks in the top 3% within Victoria West, suggesting the property holds strong value and equity potential in a desirable area.

The trade-off for a newer home in a central neighborhood is a compact, urban-sized lot of 2,500 sqft. This is notably smaller than area averages, appealing to buyers seeking lower outdoor maintenance but less suited for those wanting extensive private yard space.

This property would ideally suit:

  • Downsizers or professionals seeking a modern, low-maintenance home in a well-regarded central neighborhood.
  • Value-conscious buyers who prioritize a newer build's advantages (like updated wiring, plumbing, and insulation) over vintage character.
  • Urban-minded individuals who prefer spending less time on yard upkeep and more time enjoying nearby community amenities.

Section 2: Frequently Asked Questions

1. How does the smaller lot size impact daily living?
While the lot is smaller than many in the area, it offers a manageable outdoor space perfect for a patio, small garden, or easy upkeep. It reflects a more urban lifestyle, prioritizing location and home interior over extensive private grounds.

2. The assessment seems high for the street but excellent for the community. What does this mean?
This indicates Victoria West is a community with a wide range of home values. This property's assessment places it among the area's top-tier homes, which can be a sign of strong underlying value and a good investment within the neighborhood, even if it's more modest compared to some larger, older estates on the same avenue.

3. As a 2017 build, what are the likely advantages over older homes in the area?
You can expect newer major components (roof, HVAC, windows, appliances), modern building codes for safety and energy efficiency, and contemporary floor plans and finishes. This can mean lower immediate repair costs and potentially lower utility bills.

4. Who might this home not be the best fit for?
It may not suit buyers looking for a large, traditional yard for gardening or recreation, or those specifically seeking the classic architectural character and renovation projects often found in older homes in the district.

5. The living space is noted as "close to average." Is that spacious enough?
At 1,256 sqft, it provides a practical amount of space for individuals, couples, or small families. It's designed for efficient living rather than expansiveness, aligning with the low-maintenance appeal of the entire property.