501 Day Street

Victoria West, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Larger than most nearby homes

1,382 sqft (top 5%) · Built in 1949 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~67k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 4 parks, and 1 fuel station nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 4%

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

60.7 is composed by the two sections below.

Property Score

62.0Fair
Living Area1,382 sqft71Good
Year Built194930Low
Lot Size5,489 sqft67Good
Neighbourhood Sales Activity67Good

Community Score

58.7Fair
Household Income68Good
Education Level22Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health52Fair

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: #46110831

Community deep dive

$67K

Median household income

$71K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

48%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)749
Labour force participation rate60%
Median age44.0
Avg household size2.0
Unemployment rate12%
Population density3404 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households48%
Couple families with children14%
Median household income (2020)$67K

Housing

Renter households18%
Condominium dwellings35%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority14%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,382 sqft
0255075100
Same streetTop 7%Same areaTop 5%CitywideTop 37%
Same street · Day Street
#7 / 96
Top 7% · Avg 935 sqft
Same area · Victoria West
#53 / 1,021
Top 5% · Avg 976 sqft
Citywide · Winnipeg
#71,095 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
303k
0255075100
Same streetTop 49%Same areaTop 30%CitywideBottom 30%
Same street · Day Street
#47 / 96
Top 49% · Avg 307.6k
Same area · Victoria West
#308 / 1,021
Top 30% · Avg 281.8k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1949
0255075100
Same streetBottom 21%Same areaBottom 45%CitywideBottom 27%

Lot Size

above average
5,489 sqft
0255075100
Same streetTop 17%Same areaTop 10%CitywideTop 44%

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

501 Day Street — 16 amenities found within 500 m, across 5 categories, including 6 dining (nearest 129 m), 2 education (nearest 137 m), 4 parks (nearest 138 m).

Search radius
🍽️Dining6
🏫Education2
🌳Parks4
Fuel Stations1
Worship3

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 8/2016CA$200k–250k
Sold price

Same street

Bottom 37%

Same area

Top 50%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 501 Day Street, Winnipeg

Property Overview: 501 Day Street, Victoria West, Winnipeg

Key Characteristics & Appeal

This 1949 home on a 5,489 sqft lot presents a compelling blend of space, location, and value. Its primary appeal lies in its generous proportions relative to its immediate surroundings. The 1,382 sqft living area is notably larger than most homes on Day Street (top 7%) and ranks as elite within the desirable Victoria West neighborhood (top 5%). The lot size is also a significant asset, placing in the top 17% on the street and top 10% in the area, offering ample outdoor space uncommon for the locale.

The home suits practical buyers seeking a well-positioned property with clear upside. It’s ideal for someone who values a larger footprint and yard in a mature, established community over a newer build. The assessed value ($303k) sits around the street average but below the city average, suggesting a potential value opportunity for a home of this size in a prime neighborhood. A thoughtful buyer will see a property that outperforms its elite neighborhood in space but may require updates, given its older construction date compared to others on the block.


Frequently Asked Questions

1. How does this home really compare to others in Victoria West?
It offers more living space and a larger lot than approximately 95% of comparable homes in Victoria West, placing it in the elite tier for those specific metrics. However, its assessed value is above the neighborhood average, reflecting its larger size.

2. The home was built in 1949. Is that a concern?
It is older than 79% of comparable homes on its own street, where the average build year is 1959. This suggests the immediate block has newer homes, so a pre-purchase inspection is essential to understand the condition and any needed updates for this specific property.

3. Is the assessed value a good indicator of the market price?
The assessment is a snapshot for taxation. Here, it’s close to the street average but significantly below the Winnipeg city average for comparable homes. This often indicates the value is more influenced by the local street and neighborhood market conditions, which can be a positive for buyers.

4. What does the lot size ranking mean for me?
With a lot size in the top 10% for the neighborhood, you have substantially more outdoor space than most Victoria West properties. This allows for greater privacy, gardening, expansion potential, or simply more room for recreation.

5. Where can I see how this property fits into the neighborhood visually?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, allowing for a direct visual comparison of year built, living area, assessed value, and lot size.

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.