Property score
47.7
Below average
Overall 47.7 · 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 3 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)
447
236.5k
$311/sqft
1945
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47.7 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: #46110833
$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
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
506 Hoka Street — 4 amenities found within 500 m, across 2 categories, including 1 parks (nearest 379 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 38% | Top 23% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 768 sqft home, built in 1955 on a 4,199 sqft lot at 506 Hoka Street in Victoria West, presents a specific value proposition. Its key characteristic is its position as a more affordable entry point within its context. The home's assessed value for taxes is notably below the average for its street and the city, and its living space is compact compared to broader averages. However, within the immediate Victoria West community, its metrics—for assessed value, lot size, and build year—are much closer to the neighbourhood norm. This indicates the property is typical for the area rather than an outlier.
Its appeal lies in its accessibility. It suits first-time buyers or investors seeking a lower-cost foothold in a well-established neighbourhood, where they can potentially add value through updates. It may also appeal to downsizers looking to rightsize without leaving the community. A less obvious perspective is that a smaller home on a reasonably sized lot offers a manageable outdoor space with lower maintenance, and its "below-average" size and assessment could translate to relatively lower utility and property tax burdens.
Frequently Asked Questions
1. Is this house significantly smaller than its neighbours?
On Hoka Street, yes—its living area is below the street's average. However, within the wider Victoria West community, its size is much more in line with typical homes, suggesting the street itself has larger properties.
2. What does the assessment ranking mean for property taxes?
The assessment for tax purposes is below the average for both the street and the entire city, which is a strong indicator that your annual property tax bill should be comparatively lower than many other single-family homes in Winnipeg.
3. The house was built in 1955. What should I be aware of?
While the build year is older than the street average, it is very close to the average for the Victoria West area, meaning many homes nearby are of a similar vintage. A thorough inspection for era-specific systems (like original plumbing or wiring) and updates over the years will be essential.
4. How does the lot size compare?
At just over 4,000 sqft, the lot is smaller than the street and city average but is nearly identical to the typical lot size in Victoria West. It provides a decent outdoor space that is consistent with the neighbourhood's character.
5. Are these rankings a measure of quality?
Not directly. They are statistical comparisons of specific, measurable data points (size, value, year). A home that ranks "below average" in size or assessed value can represent excellent value for a buyer whose priorities are affordability, location, and a manageable property.
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