Property score
56.0
Fair
Overall 56.0 · Larger but older than most nearby homes
1,113 sqft (top 23%) · Built in 1910 (35 yrs older 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 2 place of worships nearby
Living Area
Above average
14% larger than neighborhood avg.
Taon ng Paggawa
Below average
35 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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56.0 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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
418 Ravelston Avenue W — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 231 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 39% | Bottom 46% | Bottom 20% |
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 27% | Bottom 32% | Bottom 15% |
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 13% | Bottom 16% | Bottom 10% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
This home at 418 Ravelston Avenue W in Winnipeg's Victoria West neighborhood presents a distinct value proposition centered on its efficient use of space and location. Built in 1910, it is notably older than most homes on its street and in the wider city. With 1,113 sqft of living space, it is competitively sized for its immediate area but smaller than the citywide average. The lot size of 2,999 sqft is compact, especially compared to neighborhood and street averages. A key characteristic is its assessed value of $252k, which is significantly below averages for the street ($310.9k), neighborhood ($281.8k), and city ($390.1k). This creates a lower entry point into a well-established area.
The appeal lies in this value-for-location opportunity. It suits first-time buyers or investors seeking an affordable foothold in a central neighborhood, or those who prefer a lower-maintenance, smaller lot without sacrificing interior space relative to the area. A less obvious perspective is that its older vintage, while requiring due diligence, offers a chance to own a character home in a market increasingly filled with newer builds. It would not suit buyers looking for a large yard or a modern, turn-key property without renovation plans.
1. Why is the assessed value so much lower than the averages?
The assessed value is based on municipal evaluation, which considers factors like the home's age, size, and lot dimensions. Its older age and compact lot size significantly influence this figure compared to larger, newer homes in the comparison groups.
2. What does the "Below Average" ranking for the year built mean?
It means this home (built 1910) is among the oldest in its comparison groups. For example, it is older than approximately 98% of comparable homes on its street, where the average build year is 1954. This indicates a character property that may require specific maintenance or updating.
3. Is the living space adequate for the neighborhood?
Yes. At 1,113 sqft, the living area is slightly above the neighborhood average (976 sqft) and very close to the street average (1,066 sqft). While smaller than the citywide average, it offers a comfortably sized interior for the Victoria West area.
4. How does the small lot size impact the property?
The lot is significantly smaller than typical lots on the street and in the neighborhood. This means less outdoor maintenance and yard space, which could be a positive for some but a limitation for those wanting extensive gardens, play areas, or large outdoor amenities.
5. Who would this property be best for?
It is best suited for value-conscious buyers prioritizing location over lot size, or those interested in a character home from the early 20th century. It represents an opportunity to enter the Victoria West neighborhood at a below-average price point, with the understanding that the home's age and compact yard are part of that value equation.
