Property score
62.8
Fair
Overall 62.8 · Larger than most nearby homes
1,204 sqft (top 15%) · Built in 1949 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
23% larger than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 74%Tagalog · 9%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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62.8 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: #46110823
$74K
Median household income
$79K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
32%
Single-person households
27%
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
519 Regent Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 493 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 | Top 17% | Top 19% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 519 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This Victoria West home presents a compelling blend of space, location, and value. Its key feature is an exceptionally large, private lot—ranking in the top 4% on its street and top 3% in the neighborhood—offering rare potential for gardens, expansion, or outdoor living in the city. The living space itself (1,204 sq ft) is comfortably above average for both the immediate street and the Victoria West area, providing more room than many nearby homes.
The appeal lies in its position as a solid, value-oriented property in a well-established neighborhood. While the home is of a similar vintage to others nearby (built 1949), its assessed value is notably below the Winnipeg city average, suggesting a potentially accessible entry point into the market. This isn't a flashy, top-tier city property, but a grounded opportunity. It would suit practical buyers looking for a character home with ample outdoor space, first-time homeowners seeking a footprint to grow into, or value-focused investors who recognize the inherent worth of a large lot in a mature community. The data suggests you're paying primarily for the land and location, with the house offering functional space.
Section 2: Frequently Asked Questions
1. Is the living space smaller than the average Winnipeg home?
Yes. At 1,204 sq ft, it is below the citywide average of 1,342 sq ft for comparable homes. However, it is notably larger than the averages for both its specific street (974 sq ft) and the Victoria West neighborhood (976 sq ft).
2. Why is the assessed value so much lower than the Winnipeg average?
The citywide average assessed value is $390.1k, while this home is assessed at $274k. This is typical for older, central neighborhoods compared to newer suburban areas. The value here is more aligned with local benchmarks, sitting around the average for Regent Avenue W and Victoria West.
3. What does the "Elite" ranking for land area actually mean?
It means the lot size (6,598 sq ft) is significantly larger than most in the vicinity. It's over 2,000 sq ft bigger than the average lot on its street and in Victoria West, placing it in the top 3-4% of properties locally for outdoor space.
4. Is an older home like this a concern?
Built in 1949, it is typical for the area. The year built is around the average for both the street and neighborhood, so most nearby homes will share similar age-related considerations and character. It is older than the Winnipeg city average.
5. How does this property compare to others on the same street?
It offers more living space (top 12%) and a much larger lot (top 4%) than the typical home on Regent Avenue W. Its assessed value and year built are very close to the street's average, indicating it's a fairly priced, sizeable offering on this block.
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