431 Victoria Avenue W

Victoria West, Winnipeg

Property score

60.0

Fair

Overall 60.0 · Newer than most nearby homes

1,026 sqft (top 36%) · Built in 1956 (11 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

Near average

5% larger than neighborhood avg.

Year Built

Above average

11 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.0 is composed by the two sections below.

Property Score

52.2Fair
Living Area1,026 sqft52Fair
Year Built195643Low
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

around average
1,026 sqft
0255075100
Same streetBottom 47%Same areaTop 36%CitywideBottom 29%
Same street · Victoria Avenue W
#217 / 410
Bottom 47% · Avg 1,381 sqft
Same area · Victoria West
#367 / 1,021
Top 36% · Avg 976 sqft
Citywide · Winnipeg
#138,697 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
331k
0255075100
Same streetTop 35%Same areaTop 10%CitywideBottom 39%
Same street · Victoria Avenue W
#145 / 410
Top 35% · Avg 447.8k
Same area · Victoria West
#104 / 1,021
Top 10% · Avg 281.8k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 44%Same areaTop 22%CitywideBottom 36%

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

431 Victoria Avenue W — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 274 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 5/2019CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Top 35%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 431 Victoria Avenue W, Winnipeg

Property Overview: 431 Victoria Avenue W, Winnipeg

Key Characteristics & Appeal

This 1956-built home on Victoria Avenue West presents a solid, grounded opportunity in the established Victoria West neighborhood. With 1,026 sqft of living space on a 4,949 sqft lot, its metrics are consistently "around average" when compared directly to its own street and citywide, which speaks to a comfortable, typical fit for the area. The primary appeal lies in its strong standing within the broader Victoria West community, where its assessed value ranks notably above the neighborhood average. This suggests a property that holds its value well in a desirable local context, even if it's not the largest or newest on the block.

The home would suit practical buyers looking for a honest entry point into a mature neighborhood. It's for someone who values community stability over a brand-new build, and who sees potential in a well-located, post-war property. A thoughtful perspective is that while the lot is smaller than others on the street, it is still above average for the neighborhood and city, offering manageable outdoor space without excessive upkeep. Its construction date, newer than many in Victoria West, may also imply updates over the years or a slightly more modern layout than older counterparts.

Frequently Asked Questions

1. How does this home really compare to others in the area?
The data shows it's a middle-of-the-road property on its specific street, but it outperforms many homes in the wider Victoria West neighborhood, particularly in assessed value. It offers a balance between street-level consistency and neighborhood-level appeal.

2. Is the lot size a disadvantage?
While smaller than the street average, the lot is still larger than the typical lot in both Victoria West and Winnipeg overall. It provides decent outdoor space while likely requiring less maintenance than larger lots.

3. What does the "above average" assessed value ranking for the neighborhood indicate?
It suggests the property is assessed at a value higher than most (top 10%) in Victoria West. This can reflect the property's specific condition, improvements, or desirable location within the neighborhood, and often correlates with stronger value retention.

4. As a home from 1956, what should I anticipate?
Built later than many in the neighborhood, it may have features or systems from a slightly more modern era. However, as with any home of this age, prospective buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof.

5. Who is this home best suited for?
It's an excellent fit for first-time buyers, downsizers, or investors seeking a straightforward property in a stable community. It appeals to those who prioritize location and neighborhood value over having the largest home on the block.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.