Property score
50.4
Fair
Overall 50.4 · Smaller than most nearby homes
804 sqft (bottom 25%) · Built in 1946 (1 yr newer than avg)
Located in a above-average income area with median household income of ~83k
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
18% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 84%French · 2%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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50.4 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: #46110827
$83K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
27%
Single-person households
22%
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
431 Harvard Avenue W — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 381 m), 2 parks (nearest 336 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 10% | Bottom 16% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 431 Harvard Avenue W, Winnipeg
Key Characteristics & Appeal
This 804 sqft home, built in 1946 on a 4,124 sqft lot in Victoria West, presents a clear value-oriented opportunity. Its most defining characteristic is its assessed value of $217k, which is significantly below averages for the street, neighborhood, and city. This positions the property as an accessible entry point into a well-established area.
The appeal lies in its potential and location rather than in size or modern finishes. The living area is compact, notably smaller than typical homes on Harvard Avenue W, suggesting a cozy, manageable footprint ideal for a first-time buyer, downsizer, or investor. The lot size is fairly typical for the Victoria West neighborhood, offering balanced outdoor space without excessive maintenance.
This home would best suit a practical buyer who prioritizes location and value over square footage. It’s a candidate for those comfortable with a home that may require updates, or for an investor looking for a rental property in a central neighborhood. A thoughtful perspective is that its below-average metrics across the board are precisely what create its affordability in an area where many properties are out of reach, offering a chance to build equity in a desirable community.
Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. It primarily reflects the home’s smaller size and older age compared to local averages. It’s a key indicator of the property's value positioning, but a professional inspection is always recommended to understand its physical condition.
2. Who is the typical buyer for a home of this size?
It attracts first-time homeowners seeking affordability in a central neighborhood, downsizers looking to reduce living space and property taxes, and investors considering a long-term rental property.
3. How does the lot size compare?
At just over 4,000 sqft, the lot is very close to the Victoria West neighborhood average. It provides a decent yard space but is smaller than the typical city-wide lot, aligning with the more compact, community-focused feel of the area.
4. What does the "Below Average" ranking for living area mean practically?
It confirms the home has a cozy, efficient layout. Buyers should expect fewer or smaller rooms than in a typical bungalow or two-story home on the same street. This can mean lower utility costs and less upkeep.
5. Is this a good opportunity for adding an addition or renovating?
The lot has standard dimensions for the area, so expansion may be possible subject to zoning bylaws. The value gap between this home and area averages could provide some "room" to invest in renovations while potentially remaining under the neighborhood's typical price point.
