413 Yale Avenue W

Victoria West, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Larger but older than most nearby homes

1,106 sqft (top 24%) · Built in 1915 (30 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: 2 parks, and 4 place of worships nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Below average

30 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

57.7 is composed by the two sections below.

Property Score

48.3Low
Living Area60
1,106 sqftFair
Year Built16
1915Low
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

above average
1,106 sqft
0255075100
Same streetTop 47%Same areaTop 24%CitywideBottom 40%
Same street · Yale Avenue W
#154 / 330
Top 47% · Avg 1,539 sqft
Same area · Victoria West
#246 / 1,021
Top 24% · Avg 976 sqft
Citywide · Winnipeg
#116,186 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

below average
237k
0255075100
Same streetBottom 13%Same areaBottom 19%CitywideBottom 14%
Same street · Yale Avenue W
#286 / 330
Bottom 13% · Avg 408.8k
Same area · Victoria West
#830 / 1,021
Bottom 19% · Avg 281.8k
Citywide · Winnipeg
#166,491 / 194,458
Bottom 14% · Avg 390.1k

Year Built

around average
1915
0255075100
Same streetBottom 30%Same areaBottom 16%CitywideBottom 11%

Lot Size

below average
3,299 sqft
0255075100
Same streetBottom 6%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

413 Yale Avenue W — 6 amenities found within 500 m, across 2 categories, including 2 parks (nearest 189 m).

Search radius
🌳Parks2
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

Sold 10/2017CA$150k–200k
Sold price

Same street

Bottom 13%

Same area

Bottom 14%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 413 Yale Avenue W, Winnipeg

Property Overview: 413 Yale Avenue W, Winnipeg

Key Characteristics & Appeal

This 1915 home in Victoria West presents a distinct value proposition within its context. Its primary appeal lies in its position as a more modest and affordable entry point into a desirable neighborhood. With 1,106 sqft of living space on a 3,299 sqft lot, the property is notably smaller than most comparable homes on its street and in the wider city. This translates to a significantly lower assessed value ($237k) compared to area averages, which are over $400k on Yale Avenue W itself.

The home would suit practical, value-conscious buyers looking to establish themselves in a well-regarded central neighborhood like Victoria West. It’s a potential fit for first-time homeowners, investors, or downsizers who prioritize location over square footage and see opportunity in a property that may require updates. A thoughtful perspective is that the smaller lot and home size could mean lower maintenance costs and utility expenses, offering a different kind of lifestyle efficiency compared to larger, more expensive period homes in the same area.

Frequently Asked Questions

1. Why is the assessed value so much lower than the street average?
The assessed value is based on specific property characteristics. This home has a smaller living area and a significantly smaller lot size than the typical home on Yale Avenue W, which directly contributes to its lower valuation.

2. What does the "Top 87%" ranking for value mean?
This percentile ranking compares the home to others. A rank of 87% for value means its assessed value is lower than 87% of comparable properties on the same street. In this case, it indicates it is one of the more affordable properties in its immediate vicinity.

3. Is a home from 1915 a concern?
The build year (1915) is older than most in the neighborhood and city. This suggests potential for classic architectural charm but also means prospective buyers should prioritize a thorough inspection to understand the condition of major systems, the roof, and the foundation.

4. How does the lot size impact potential for expansion or outdoor space?
At 3,299 sqft, the lot is smaller than average. This may limit possibilities for large additions or extensive landscaping. However, it can also mean less yard work and a more manageable outdoor space.

5. Are the property taxes likely to be lower because of the assessment?
While not guaranteed, a lower assessed value typically results in a lower municipal property tax bill compared to higher-valued homes on the same street, which is an important ongoing cost consideration.