347 Regent Avenue W

Victoria West, Winnipeg

Property score

42.0

Below average

Overall 42.0 · Smaller and older than most nearby homes

770 sqft (bottom 19%) · Built in 1920 (25 yrs older than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 2 parks, and 4 place of worships nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

25 yrs older 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

42.0 is composed by the two sections below.

Property Score

27.7Low
Living Area22
770 sqftLow
Year Built16
1920Low
Lot Size53
4,050 sqftFair
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

below average
770 sqft
0255075100
Same streetBottom 20%Same areaBottom 19%CitywideBottom 7%
Same street · Regent Avenue W
#194 / 242
Bottom 20% · Avg 974 sqft
Same area · Victoria West
#824 / 1,021
Bottom 19% · Avg 976 sqft
Citywide · Winnipeg
#179,975 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
211k
0255075100
Same streetBottom 19%Same areaBottom 7%CitywideBottom 10%
Same street · Regent Avenue W
#195 / 242
Bottom 19% · Avg 271.9k
Same area · Victoria West
#953 / 1,021
Bottom 7% · Avg 281.8k
Citywide · Winnipeg
#175,361 / 194,458
Bottom 10% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 12%Same areaBottom 22%CitywideBottom 13%

Lot Size

around average
4,050 sqft
0255075100
Same streetTop 50%Same areaBottom 48%CitywideBottom 27%

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

347 Regent Avenue W — 8 amenities found within 500 m, across 3 categories, including 2 dining (nearest 400 m), 2 parks (nearest 121 m).

Search radius
🍽️Dining2
🌳Parks2
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 9/2022CA$150k–200k
Sold price

Same street

Bottom 23%

Same area

Bottom 17%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 347 Regent Avenue W, Winnipeg

Property Overview

This home presents a distinct value proposition within Winnipeg’s Victoria West neighborhood. Its key characteristic is a smaller, 770 sqft living space on a standard 4,050 sqft lot, housed in a character home built in 1920. The appeal lies in its position as a more accessible entry point into a desirable area. With an assessed value significantly below area and city averages, it offers a lower financial barrier for ownership in a well-established community. This setup would suit first-time buyers, downsizers seeking a manageable footprint without leaving the neighborhood, or investors looking for a character rental. A thoughtful perspective is that a smaller, efficiently designed home on a decent lot can mean lower utility costs, less maintenance, and greater potential for future expansion or garden space compared to a newer, larger home on a smaller plot.

Frequently Asked Questions

1. Is the smaller living area a major drawback?
While below average in size, the efficient footprint may suit those seeking simplicity and lower heating costs. The lot size is on par with the neighborhood, offering valuable outdoor space that many newer, denser developments lack.

2. Why is the assessed value notably lower than area averages?
The lower assessment primarily reflects the home's smaller size and older age compared to area benchmarks. This can translate to relatively lower property taxes, which is an ongoing financial advantage for the owner.

3. What does the 1920 build year mean for maintenance?
A home of this age requires a diligent inspection. It presents classic character but likely needs updates to mechanical systems (like plumbing and wiring) and insulation. Budgeting for prudent upgrades is essential, though the structure itself has proven its longevity.

4. Who would this property not be suitable for?
It may not suit buyers who prioritize modern, open-concept layouts without renovation work, or families requiring multiple large bedrooms. The layout and size are typically characteristic of its era.

5. Is there potential to increase the home's value?
Yes, given the lot size is standard for the area and the living area is currently modest, a well-planned renovation or addition could significantly increase both livability and value, aligning it more closely with neighborhood norms.