429 Victoria Avenue W

Victoria West, Winnipeg

Property score

48.4

Below average

Overall 48.4 · Smaller than most nearby homes

768 sqft (bottom 19%) · Built in 1955 (10 yrs newer than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Near average

10 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

48.4 is composed by the two sections below.

Property Score

32.8Low
Living Area768 sqft22Low
Year Built195536Low
Lot Size4,949 sqft60Fair
Neighbourhood Sales Activity67Good

Community Score

71.7Good
Household Income75Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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.

Rankings

Living Area

below average
768 sqft
0255075100
Same streetBottom 13%Same areaBottom 19%CitywideBottom 7%
Same street · Victoria Avenue W
#358 / 410
Bottom 13% · Avg 1,381 sqft
Same area · Victoria West
#827 / 1,021
Bottom 19% · Avg 976 sqft
Citywide · Winnipeg
#180,149 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
321k
0255075100
Same streetTop 42%Same areaTop 16%CitywideBottom 36%
Same street · Victoria Avenue W
#173 / 410
Top 42% · Avg 447.8k
Same area · Victoria West
#166 / 1,021
Top 16% · Avg 281.8k
Citywide · Winnipeg
#124,763 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetBottom 48%Same areaTop 35%CitywideBottom 34%

Lot Size

above average
4,949 sqft
0255075100
Same streetTop 42%Same areaTop 23%CitywideBottom 42%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

429 Victoria Avenue W — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 259 m).

Search radius
🌳Parks1
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%

Sales History

Sold 10/2022CA$300k–350k
Sold price

Same street

Top 39%

Same area

Top 15%

City-wide

Bottom 43%
Sold 1/2018CA$200k–250k
Sold price

Same street

Bottom 31%

Same area

Bottom 48%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 429 Victoria Avenue W, Winnipeg

Property Summary: 429 Victoria Avenue W, Winnipeg

Key Characteristics & Appeal

This 768 sqft home, built in 1955 on a 4,949 sqft lot, presents a compelling value proposition within Winnipeg’s Victoria West neighborhood. Its primary appeal lies in its strong positioning within the immediate community. While the living space is notably compact compared to broader averages, the property’s assessed value ranks significantly above the neighborhood average (Top 16%), suggesting a premium attached to its specific location. This indicates you are investing more in the land and the area’s desirability than in sheer square footage.

The home would suit first-time buyers, downsizers, or value-oriented investors seeking an entry point into a well-regarded neighborhood. It’s for those who prioritize location and lot size over a large interior, and who see potential in a smaller, manageable footprint that may be more efficient to maintain and heat. A less obvious perspective is that its below-average living area, paired with an above-average neighborhood value ranking, could represent a relative affordability opportunity for the area, or indicate a home ripe for a strategic expansion if the lot permits.

Frequently Asked Questions

1. Is the house unusually small?
Yes, at 768 sqft, the living area is below the average for Victoria Avenue West, the Victoria West neighborhood, and Winnipeg overall. It is a compact home.

2. Why is the assessed value relatively high for the neighborhood?
Despite the smaller size, the property’s assessed value ranks in the top 16% for Victoria West. This typically reflects the desirability of the specific location, the lot size (which is above the neighborhood average), and market values for the immediate area.

3. How does the lot size compare?
The 4,949 sqft lot is larger than the average lot in the Victoria West neighborhood, offering more outdoor space than many nearby properties.

4. What does the "Top X%" ranking mean?
It shows how this property compares to similar homes in a given area. For example, ranking in the "Top 16%" for value in the neighborhood means 84% of comparable homes have a lower assessed value.

5. Is this an older home?
Built in 1955, it is around the average age for its street and city, but is newer than the average home in the broader Victoria West neighborhood.

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