424 Ravelston Avenue W

Victoria West, Winnipeg

Property score

71.3

Good

Overall 71.3 · Larger and newer than most nearby homes

1,364 sqft (top 6%) · Built in 2018 (73 yrs newer than avg)

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

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby

Living Area

Above average

40% larger than neighborhood avg.

Taon ng Paggawa

Above average

73 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

71.3 is composed by the two sections below.

Property Score

71.1Good
Living Area71
1,364 sqftGood
Taon ng Paggawa97
2018Excellent
Lupa38
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

Istatistika ng benta ng komunidad

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.

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.

Mga ranggo

Living Area

lampas sa average
1,364 sqft
0255075100
Same streetTop 17%Same areaTop 6%CitywideTop 38%
Same street · Ravelston Avenue W
#39 / 236
Top 17% · Avg 1,066 sqft
Same area · Victoria West
#57 / 1,021
Top 6% · Avg 976 sqft
Citywide · Winnipeg
#73,044 / 194,458
Top 38% · Avg 1,342 sqft

Assessed Value

Elite
392k
0255075100
Same streetTop 19%Same areaTop 2%CitywideTop 40%
Same street · Ravelston Avenue W
#44 / 236
Top 19% · Avg 310.9k
Same area · Victoria West
#25 / 1,021
Top 2% · Avg 281.8k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Taon ng Paggawa

Elite
2018
0255075100
Same streetTop 11%Same areaTop 1%CitywideTop 4%

Lupa

mas mababa sa average
3,299 sqft
0255075100
Same streetBottom 16%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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

424 Ravelston Avenue W — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 259 m).

Search radius
🌳Parks2
Worship2

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%

Kasaysayan ng Benta

Naibenta 5/2022CA$350k–400k
Presyo ng benta

Parehong kalye

Top 15%

Parehong lugar

Top 2%

Buong lungsod

Top 37%

Related homes

Mga tampok at karaniwang tanong: 424 Ravelston Avenue W, Winnipeg

Property Overview

This 2018-built home at 424 Ravelston Avenue W in Victoria West presents a compelling, modern offering within a well-established Winnipeg neighborhood. Its primary appeal lies in its contemporary construction and efficient, above-average living space, set against the backdrop of a mature community. The 1,364 sqft home stands out significantly within its immediate area, ranking in the top 6% of the neighborhood for size and the top 2% for its assessed value of $392k. This indicates a property that is both newer and more substantial than most nearby homes. The lot size of 3,299 sqft is notably smaller than area averages, which translates to lower maintenance without sacrificing interior space—a key trade-off that defines this property. It would perfectly suit buyers seeking a modern, move-in-ready home without the upkeep of a large yard, or those looking for a newer build in a central neighborhood without venturing to the suburban fringe. It’s a smart choice for professionals, small families, or downsizers who prioritize a modern interior and efficient design over expansive outdoor space.

Frequently Asked Questions

Q: The lot size is listed as "below average." How much of a practical impact does this have?
A: The smaller lot primarily means less yard maintenance. For many, this is a benefit. It does suggest less private outdoor space for extensive gardening or recreation, so your enjoyment of the home will depend more on the interior and neighborhood amenities.

Q: The assessed value is in the top 2% for the neighborhood. Does this mean it’s overpriced?
A: Not necessarily. The "elite" ranking in value aligns with its "elite" ranking for being newer (top 1% for year built). The assessment reflects its modern status compared to a neighborhood where the average home was built in 1945. It commands a premium for its condition and age.

Q: What does the mix of "above average" living space and "below average" lot size suggest about the home's design?
A: It points to an efficient, potentially more vertical or thoughtfully designed use of the footprint. The square footage is prioritized for the living area rather than being spread out over a single level on a large lot, which is common for older homes in the area.

Q: How should I interpret the "around average" citywide rankings?
A: This provides important context. While the home is a standout in its specific neighborhood, it aligns with the broader Winnipeg average for size and value. This can be seen as a stability indicator, suggesting it’s not an outlier in the wider market.

Q: Who might this property not be suitable for?
A: It may not suit buyers seeking a large, traditional yard for gardening or play, or those who prefer the character and renovation potential of an older home. The premium for its modern build also means less opportunity for "sweat equity" compared to an older property in the area.