Property score
55.6
Fair
Overall 55.6 · Compared with neighbourhood average
950 sqft (top 46%) · 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 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby
Living Area
Near average
3% 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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55.6 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
424 Harvard Avenue W — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 407 m), 2 parks (nearest 330 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 48% | Top 32% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 950 sqft home, built in 1954 on a 4,699 sqft lot at 424 Harvard Avenue W in Victoria West, presents a specific and practical value proposition. Its assessed value of $264k is notably below the averages for its street ($443.9k) and the wider city ($390.1k), which is the defining characteristic of this listing.
The appeal lies in its position as an accessible entry point into the Victoria West neighborhood. While the home itself is smaller and older than many on its block, it sits on a lot size that is above average for the immediate area. This creates a potential opportunity for buyers willing to live in a modest footprint or those with future renovation or expansion plans, given the relatively generous land parcel.
It would best suit first-time buyers or practical investors seeking a lower-cost foothold in a central Winnipeg neighborhood. It’s a property for those who prioritize location and land size over move-in-ready condition or square footage, and who are comfortable with a home that metrics indicate requires modernization.
Frequently Asked Questions
Q: The assessed value seems much lower than other homes on the street. Why?
A: The primary factors are the home's smaller living area (950 sqft vs. a street average of 1,631 sqft) and its later build date (1954 vs. a street average of 1936). Assessment is based on current state and comparable market values, suggesting this home is more modest in scale and condition than its neighbors.
Q: What does the lot size ranking mean for this property?
A: The lot is above average for the Victoria West neighborhood but around average for the street. This means you're getting a reasonably sized urban lot for the area, which could be a positive for outdoor space or future development, compared to other neighborhood options.
Q: Is this a "fixer-upper"?
A: The data strongly suggests so. The combination of a below-average assessed value, smaller living area, and mid-20th century build date typically indicates a property that may require updates, maintenance, or modernization relative to its peers.
Q: How does this home rank for investment potential?
A: Its key investment appeal is the below-market entry price for the location. The potential for value increase would likely be tied to strategic renovations that bring the living area and amenities closer to neighborhood standards, thereby closing the gap in assessed value.
Q: Are the property taxes likely to be lower?
A: Generally, yes. Property taxes are based on the assessed value. With an assessment significantly below the local averages, the municipal tax burden should be proportionally lower, which is a practical financial consideration for the budget-conscious buyer.
