Property score
52.2
Fair
Overall 52.2 · Newer than most nearby homes
853 sqft (bottom 32%) · Built in 2009 (64 yrs newer than avg)
Located in a above-average income area with median household income of ~71k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 parks, and 4 place of worships nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
64 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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52.2 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
347 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 457 m), 3 parks (nearest 36 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 | Top 40% | Top 21% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 853 sqft home at 347 Victoria Avenue W presents a distinct profile defined by its modern construction and efficient scale. Built in 2009, its age is a standout feature, ranking newer than 97% of homes on its street and in the Victoria West community. This suggests a property likely requiring less immediate maintenance and featuring contemporary building standards. While its living and land space are compact compared to broader averages, its tax assessment value is notably strong within the immediate neighborhood, ranking in the top 10%. This indicates a perception of value that outpaces many surrounding properties, possibly due to its newer condition and location.
The appeal here lies in a modern, low-maintenance home within a well-established area. It suits first-time buyers or downsizers seeking a manageable space without the upkeep of a century-old property. It’s also a pragmatic choice for investors or occupants who prioritize modern systems and condition over square footage, offering a cost-effective entry into a desirable community where the property itself is assessed favorably relative to its neighbors.
Frequently Asked Questions
1. The home’s living space is below average. How does this impact livability?
While the 853 sqft footprint is compact, efficient use of space is key. For individuals, couples, or small families, it can be perfectly sufficient, especially paired with the benefit of a newer build that often features modern, open floor plans. It represents a trade-off: less space for a newer, potentially more worry-free structure.
2. The tax assessment is high for the neighborhood but average for the street. What does this mean?
This suggests the property is valued more highly than most in the wider Victoria West community, likely due to its significantly newer construction. On its specific street, which may have a mix of old and new homes, it aligns more with the average. This can be positive for perceived equity but is a factor to consider regarding property taxes.
3. The land is much smaller than average. What are the implications?
The 2,700 sqft lot means minimal exterior maintenance—a plus for those seeking a lock-and-leave lifestyle or who dislike yard work. However, it allows little room for expansion, significant landscaping, or adding structures like a large garage or deck. Outdoor private space will be limited.
4. How significant is the 2009 build year in a neighborhood with older homes?
Extremely significant. Being newer than 97% of local homes typically translates to more modern insulation, wiring, plumbing, and building codes. This can mean lower immediate repair costs, better energy efficiency, and fewer of the unexpected issues common in heritage-area homes.
5. Who would this property NOT be well-suited for?
It may not suit buyers who need multiple large bedrooms, dedicated home-office spaces, or who envision extensive renovations and additions due to the compact living area and small lot size. Those seeking a large garden, pool, or substantial outdoor entertainment area would also find the lot limiting.
