406 Harvard Avenue W

Victoria West, Winnipeg

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)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

44.0 is composed by the two sections below.

Property Score

25.5Low
Living Area22
720 sqftLow
Year Built16
1911Low
Lot Size38
3,299 sqftLow
Neighbourhood Sales Activity67
Good

Community Score

71.7Good
Household Income75
Good
Education Level44
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: #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

Population (2021)776
Labour force participation rate74%
Median age40.0
Avg household size2.2
Unemployment rate8%
Population density4084 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households35%
Couple families with children20%
Median household income (2020)$77K

Housing

Renter households20%
Condominium dwellings32%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority25%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 6%Same areaBottom 11%CitywideBottom 5%
Same street · Harvard Avenue W
#219 / 234
Bottom 6% · Avg 1,631 sqft
Same area · Victoria West
#911 / 1,021
Bottom 11% · Avg 976 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

below average
227k
0255075100
Same streetBottom 7%Same areaBottom 13%CitywideBottom 13%
Same street · Harvard Avenue W
#217 / 234
Bottom 7% · Avg 443.9k
Same area · Victoria West
#885 / 1,021
Bottom 13% · Avg 281.8k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1911
0255075100
Same streetBottom 18%Same areaBottom 1%CitywideBottom 7%

Lot Size

below average
3,299 sqft
0255075100
Same streetBottom 7%Same areaBottom 13%CitywideBottom 17%

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).

Search radius
🏫Education1
🌳Parks2
Worship2

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 10/2022CA$150k–200k
Sold price

Same street

Bottom 5%

Same area

Bottom 10%

City-wide

Bottom 7%

Related homes

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.