355 Victoria Avenue W

Victoria West, Winnipeg

Property score

44.2

Below average

Overall 44.2 · Smaller than most nearby homes

704 sqft (bottom 9%) · Built in 1942 (3 yrs older 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

28% smaller than neighborhood avg.

Year Built

Below average

3 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

44.2 is composed by the two sections below.

Property Score

31.4Low
Living Area704 sqft22Low
Year Built194224Low
Lot Size5,401 sqft67Good
Neighbourhood Sales Activity67Good

Community Score

63.4Fair
Household Income72Good
Education Level10Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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
704 sqft
0255075100
Same streetBottom 8%Same areaBottom 9%CitywideBottom 4%
Same street · Victoria Avenue W
#377 / 410
Bottom 8% · Avg 1,381 sqft
Same area · Victoria West
#925 / 1,021
Bottom 9% · Avg 976 sqft
Citywide · Winnipeg
#186,514 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
260k
0255075100
Same streetBottom 26%Same areaBottom 32%CitywideBottom 19%
Same street · Victoria Avenue W
#304 / 410
Bottom 26% · Avg 447.8k
Same area · Victoria West
#694 / 1,021
Bottom 32% · Avg 281.8k
Citywide · Winnipeg
#156,560 / 194,458
Bottom 19% · Avg 390.1k

Year Built

around average
1942
0255075100
Same streetBottom 30%Same areaBottom 35%CitywideBottom 20%

Lot Size

above average
5,401 sqft
0255075100
Same streetTop 30%Same areaTop 12%CitywideTop 46%

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

355 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 474 m), 3 parks (nearest 48 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

355 Victoria Avenue W: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 355 Victoria Avenue W, Winnipeg

Property Overview: 355 Victoria Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct profile centered on its generous 5,401 sqft lot in the Victoria West neighborhood. While its 704 sqft living space is notably compact compared to most homes on its street and across Winnipeg, this creates a specific opportunity. The appeal lies in the potential of the large, above-average lot relative to the neighborhood, paired with a lower assessed value that reflects the home's smaller size and 1942 construction.

It is ideally suited for a value-driven buyer or builder who sees the land as the primary asset. This could be a downsizer seeking a manageable home with ample outdoor space, an investor looking for a redevelopment opportunity (subject to zoning), or a first-time buyer willing to trade interior square footage for a larger yard in an established area. It’s a property where the value is more in "what could be" rather than "what is," making it less suitable for those seeking immediate move-in condition with ample room.

Section 2: Frequently Asked Questions

1. Is the house too small?
At 704 sqft, the living area is significantly below averages for the street, neighborhood, and city. It will suit a minimalist lifestyle or require creative use of space and potential renovations to meet the needs of a typical family.

2. Why is the assessed value relatively low?
The assessed value of $260k is below street and city averages, which directly reflects the home's smaller living area and older age. This positions it as a more accessible entry point into the area.

3. What is the main advantage of this property?
The standout feature is the land. The lot size is above average for the Victoria West neighborhood and provides a substantial outdoor canvas that is rare for homes in this price bracket, offering privacy and potential.

4. How does the age of the home factor in?
Built in 1942, it is older than the citywide average. Buyers should budget for maintenance consistent with a home of this era and consider the potential for outdated systems, but also appreciate the character and established location.

5. Are the property taxes likely to be lower?
Typically, yes. Since property taxes are based on the assessed value, the below-average assessment for the area suggests a correspondingly lower tax burden compared to larger, higher-valued homes on the same street.

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