Property score
51.3
Fair
Overall 51.3 · Smaller than most nearby homes
825 sqft (bottom 28%) · Built in 1954 (9 yrs newer 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
15% smaller than neighborhood avg.
Year Built
Near average
9 yrs newer 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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51.3 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
418 Harvard Avenue W — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 395 m), 2 parks (nearest 307 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 5% | Bottom 10% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 418 Harvard Avenue W in Winnipeg's Victoria West neighborhood presents a practical and affordable entry point into a mature community. Built in 1954, its 825 sqft living space is notably compact, ranking below the average for its street, neighborhood, and the city overall. This smaller scale is reflected in its assessed value for taxes, which is significantly lower than area averages, suggesting a correspondingly lower property tax burden.
The appeal lies in its efficiency and lot potential. While the house itself is modest, its 4,298 sqft lot is very close to the neighborhood average, offering valuable outdoor space in a central location. The home suits first-time buyers, downsizers, or investors seeking a lower-cost property with redevelopment or renovation potential. It’s for those who prioritize location and land value over immediate square footage, and who are comfortable with a home that may require updates. A less obvious perspective is that its below-average size and assessment could make it a strategic, lower-risk holding in an area where surrounding properties command higher values.
Frequently Asked Questions
1. Is the house too small?
At 825 sqft, it is compact. It ranks below the average size for comparable homes on its street, in Victoria West, and across Winnipeg. This makes it efficient for individuals, couples, or small families but may feel constrained for those needing more dedicated rooms or spacious living areas.
2. Why is the assessed value so much lower than the street average?
The assessed value for taxes is based on factors like living area, age, and market trends. This home’s significantly smaller size and modest characteristics compared to larger, potentially renovated homes on Harvard Avenue W result in a lower assessment, which typically correlates to lower annual property taxes.
3. What does the 1954 build year mean for maintenance?
Built in 1954, the home is newer than many on its street but is still 70 years old. Buyers should budget for updates to major aging systems like plumbing, electrical, or the roof, and anticipate a need for modernization. A thorough inspection is essential.
4. How does the lot size compare?
The 4,298 sqft lot is very close to the Victoria West neighborhood average. This is a key feature, providing standard outdoor space for gardening, recreation, or future expansion, which is valuable in a central urban area.
5. What do the rankings and progress bars mean?
They show how this property compares to others in three areas: its specific street, the broader Victoria West community, and all of Winnipeg. A ranking "below average" means the figure (like size or value) is lower than the typical home in that comparison group. The visual bar shows its relative position within the spectrum of local properties.
