Property score
47.6
Below average
Overall 47.6 · Older than most nearby homes
863 sqft (bottom 33%) · Built in 1912 (33 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 3 parks, and 4 place of worships nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Below average
33 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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47.6 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: #46110833
$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
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
407 Yale Avenue W — 7 amenities found within 500 m, across 2 categories, including 3 parks (nearest 161 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 | Bottom 8% | Bottom 9% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 407 Yale Avenue W, Victoria West, Winnipeg
Key Characteristics & Appeal
This 1912 home in Victoria West presents a distinct value proposition centered on its below-average assessed value of $209k. Its 863 sqft living area is modest, ranking below averages for its street, neighborhood, and city, which indicates a more compact, manageable footprint. The lot size of 3,299 sqft is also smaller than typical comparisons but offers a lower-maintenance outdoor space. The core appeal lies in its position as an accessible entry point into the Winnipeg market, particularly in a neighborhood where the average home value is significantly higher. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with renovation potential. A thoughtful perspective is that its older vintage (1912) and smaller scale could mean lower utility costs and less ongoing maintenance than a larger, newer home, aligning with a practical, budget-conscious lifestyle.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is notably below averages on its street ($408.8k), in Victoria West ($281.8k), and citywide ($390.1k). This suggests a potentially lower purchase price, making it a financially accessible option in the neighborhood.
2. What does the living area ranking mean for daily living?
With 863 sqft, the home is more compact than many. It will suit those looking for a cozy, efficient space but may feel tight for those needing multiple dedicated rooms or ample storage. Its "around average" ranking for the neighborhood itself suggests many Victoria West homes have a similar character.
3. How might the age of the home (1912) affect me?
It offers classic charm but likely requires a thorough inspection for foundational, electrical, and plumbing systems. While updates may be needed, this older build date also means it was constructed in a period of established, central neighborhoods.
4. Is the lot size a drawback?
The 3,299 sqft lot is smaller than most on the street and in the city. This limits expansive gardening or large additions but reduces yard work and upkeep, which can be a positive for those seeking a low-maintenance property.
5. Who would this property suit best?
It's ideal for a pragmatic buyer: a first-time purchaser building equity, an investor looking for a rental property with a lower entry cost, or a downsizer wanting to stay in a central neighborhood without the upkeep of a larger home and yard.
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