Property score
44.0
Below average
Overall 44.0 · Smaller and older than most nearby homes
720 sqft (bottom 11%) · Built in 1911 (34 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 6%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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Property score
44.0 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110833
Community deep dive
$77K
Median household income
$88K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
35%
Single-person households
20%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
below averageYear Built
below averageLot Size
below averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
406 Harvard Avenue W — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 372 m), 2 parks (nearest 258 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 10% | Bottom 7% |
406 Harvard Avenue W · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 406 Harvard Avenue W, Winnipeg
Property Overview & Key Characteristics
This 720 sqft home on Harvard Avenue W in Victoria West presents a specific and value-driven opportunity. Built in 1911, it is notably older than most homes in its immediate neighborhood and across Winnipeg. Its key characteristic is its position as a modest property within its context: both the living space and the lot size (3,299 sqft) are below the averages for the street, area, and city. Consequently, its assessed value is significantly lower than surrounding averages, reflecting its scale and vintage.
The appeal lies in its affordability and potential within a well-established neighborhood. It suits a first-time buyer, an investor, or a downsizer seeking a lower entry point into the Winnipeg market with a manageable property to maintain or renovate. A less obvious perspective is that its older construction date, while often flagged, means it was built in an era of potentially higher-quality materials and craftsmanship than some newer, more hastily built homes. Additionally, a smaller lot and home can translate to lower utility costs, less maintenance, and a reduced property tax burden relative to the area, offering a different kind of financial efficiency.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street and city averages?
The assessment is primarily based on the home's relatively small size (both the building and the lot) compared to other properties, and its older age. The system compares it directly to larger, often more modern homes in its grouping.
2. Does "below average" in these rankings mean it's a bad property?
Not necessarily. It means it is statistically smaller, older, and valued lower than the majority of comparison homes. For a buyer seeking affordability or a smaller footprint, this is the defining characteristic of the opportunity.
3. What are the implications of the home being built in 1911?
It places the home in the "character home" era, which may mean original features but also requires diligent inspection for updates to wiring, plumbing, insulation, and the foundation. It is older than 99% of homes in Victoria West, so understanding its maintenance history is crucial.
4. Is the lot size a disadvantage?
While smaller than average, a 3,299 sqft lot is still a significant urban parcel. It offers lower maintenance than a larger yard and may provide adequate private space, but limits possibilities for large additions or extensive landscaping compared to neighbors.
5. How should I interpret the neighborhood ranking for "Year Built"?
The ranking shows this home is among the oldest 1% in Victoria West. This can be a mark of character and stability, but it also means most neighborhood infrastructure and homes are newer, so this property may stand out for either its charm or its need for updates, depending on its condition.