408 Harvard Avenue W

Victoria West, Winnipeg

Property score

41.5

Below average

Overall 41.5 · Smaller and older than most nearby homes

660 sqft (bottom 4%) · Built in 1914 (31 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

32% smaller than neighborhood avg.

Year Built

Below average

31 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

41.5 is composed by the two sections below.

Property Score

21.3Low
Living Area15
660 sqftLow
Year Built16
1914Low
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
660 sqft
0255075100
Same streetBottom 3%Same areaBottom 4%CitywideBottom 2%
Same street · Harvard Avenue W
#227 / 234
Bottom 3% · Avg 1,631 sqft
Same area · Victoria West
#976 / 1,021
Bottom 4% · Avg 976 sqft
Citywide · Winnipeg
#190,437 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
264k
0255075100
Same streetBottom 19%Same areaBottom 35%CitywideBottom 20%
Same street · Harvard Avenue W
#190 / 234
Bottom 19% · Avg 443.9k
Same area · Victoria West
#664 / 1,021
Bottom 35% · Avg 281.8k
Citywide · Winnipeg
#154,746 / 194,458
Bottom 20% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetBottom 37%Same areaBottom 14%CitywideBottom 11%

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

408 Harvard Avenue W — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 375 m), 2 parks (nearest 266 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 12/2021CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Top 39%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 408 Harvard Avenue W, Winnipeg

Property Overview: 408 Harvard Avenue W, Winnipeg

Key Characteristics & Appeal

This 660 sqft home, built in 1914, sits on a 3,299 sqft lot in Victoria West. Its primary appeal is its position as an accessible entry point into the Winnipeg market and a well-established neighborhood. The assessed value of $264k is notably below the averages for its street and the city overall, presenting a clear value proposition for budget-conscious buyers.

The home suits first-time buyers or investors seeking a lower-cost footprint with renovation potential. Its smaller-than-average living space and lot size for the area suggest a manageable property, potentially with lower maintenance costs and taxes. A thoughtful perspective is that while the home ranks below average on size metrics, its earlier build date compared to neighbors could indicate classic construction methods or original character often lost in later builds. This isn't a premium property on its street, but it represents a pragmatic opportunity to secure a location in a mature neighborhood without the premium price tag.


Frequently Asked Questions

1. Why is the assessed value so much lower than the street average?
The assessed value is based on several factors, including the home's smaller size (both living area and lot) compared to others on Harvard Avenue W. This results in a valuation that is proportionally lower.

2. What does the "Below Average" ranking for living area actually mean for daily life?
It means this home's interior space is compact. For some, this is a downside, but it translates to less space to heat, clean, and maintain, which can be a practical advantage for individuals, couples, or as a rental property.

3. Is a home built in 1914 a concern?
It indicates the need for a thorough inspection. While it may have solid "bones," key systems like wiring, plumbing, and the foundation should be carefully evaluated. Its age is actually around average for its specific street.

4. How does the lot size impact future plans?
At 3,299 sqft, the lot is smaller than most in the area. This may limit possibilities for large additions or detached structures but could be sufficient for a garden, patio, or parking.

5. Are the property taxes likely to be lower?
Typically, yes. Property taxes are based on the assessed value. With an assessment significantly below local averages, the tax burden should be proportionally lower, which is a key ongoing cost advantage.