416 Ravelston Avenue W

Victoria West, ਵਿਨੀਪਿਗ

Property score

54.4

Fair

Overall 54.4 · Newer than most nearby homes

920 sqft (bottom 47%) · Built in 1960 (15 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 3 place of worships nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

6% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

15 yrs newer 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

54.4 is composed by the two sections below.

Property Score

42.9Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ42
920 sqftLow
ਤਰੀਕ ਤੋਂ ਬਣਿਆ43
1960Low
ਜ਼ਮੀਨ38
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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Victoria West

How to read: Share of sales in each ~$50k price band for “victoria west” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
920 sqft
0255075100
Same streetਹੇਠਲੇ 43%Same areaਹੇਠਲੇ 47%Citywideਹੇਠਲੇ 18%
Same street · Ravelston Avenue W
#134 / 236
ਹੇਠਲੇ 43% · ਔਸਤ 1,066 sqft
Same area · Victoria West
#539 / 1,021
ਹੇਠਲੇ 47% · ਔਸਤ 976 sqft
Citywide · ਵਿਨੀਪਿਗ
#158,755 / 194,458
ਹੇਠਲੇ 18% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
297k
0255075100
Same streetਟਾਪ 46%Same areaਟਾਪ 36%Citywideਹੇਠਲੇ 28%
Same street · Ravelston Avenue W
#108 / 236
ਟਾਪ 46% · ਔਸਤ 310.9k
Same area · Victoria West
#370 / 1,021
ਟਾਪ 36% · ਔਸਤ 281.8k
Citywide · ਵਿਨੀਪਿਗ
#139,258 / 194,458
ਹੇਠਲੇ 28% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1960
0255075100
Same streetਟਾਪ 30%Same areaਟਾਪ 10%Citywideਹੇਠਲੇ 42%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
3,299 sqft
0255075100
Same streetਹੇਠਲੇ 16%Same areaਹੇਠਲੇ 13%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

416 Ravelston Avenue W — 5 amenities found within 500 m, across 2 categories, including 2 parks (nearest 222 m).

Search radius
🌳Parks2
Worship3

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

4/2024 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 21%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 8%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 49%

Related homes

ਵਿਨੀਪਿਗ 416 Ravelston Avenue W — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 416 Ravelston Avenue W, Winnipeg

Key Characteristics & Appeal

This 1960-built home on a 3,299 sqft lot presents a practical and value-conscious opportunity in the Victoria West neighborhood. With 920 sqft of living space and an assessed value of $297k, its primary appeal lies in its relative affordability and efficient scale within a well-established area.

The home suits first-time buyers, downsizers, or investors seeking a manageable property without a premium price tag. Its assessed value sits comfortably below both the street and citywide averages, suggesting a lower entry point. A thoughtful perspective is that while the lot size is smaller than most in the immediate area, this translates to less maintenance, which can be a significant benefit for those seeking a simpler lifestyle. Interestingly, the home is newer than many on its street and in Victoria West, potentially indicating updates or fewer immediate concerns related to the age of core components compared to neighboring properties.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value ($297k) is slightly below the average for Ravelston Avenue W ($310.9k) and significantly below the Winnipeg citywide average ($390.1k), positioning it as a more affordable option within its immediate context.

2. Is the lot size a disadvantage?
While the lot is smaller than many on the street, it requires less upkeep. For buyers who prioritize a low-maintenance yard or would rather invest time and budget into the home itself, this can be a practical advantage.

3. What does the "newer than average" build year mean for me?
Built in 1960, the home is newer than most on its block and in Victoria West. This doesn’t guarantee updates, but it may suggest systems and structure are from a later era than many direct comparables, which can be a positive.

4. Who would this property not suit?
Buyers looking for ample outdoor space, a large home, or a property that significantly outperforms citywide averages in size and value may find this home too compact or modest.

5. Where can I see more detailed context about the neighborhood?
You can view an in-depth analysis, including maps and detailed comparisons with nearby houses for year built, living area, value, and lot size, by opening the neighbourhood analysis page linked below.