523 Yale Avenue W

Victoria West, Winnipeg

Property score

58.7

Fair

Overall 58.7 · Newer than most nearby homes

1,018 sqft (top 37%) · Built in 1956 (11 yrs newer than avg)

Located in a high-income area with median household income of ~89k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 82%French · 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

58.7 is composed by the two sections below.

Property Score

51.1Fair
Living Area1,018 sqft52Fair
Year Built195643Low
Lot Size4,499 sqft53Fair
Neighbourhood Sales Activity67Good

Community Score

70.1Good
Household Income80Excellent
Education Level22Low
Housing Stress74Good
Core Housing Need100Excellent
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: #46110824

Community deep dive

$89K

Median household income

$87K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

23%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)495
Labour force participation rate73%
Median age38.0
Avg household size2.5
Unemployment rate5%
Population density3535 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households23%
Couple families with children28%
Median household income (2020)$89K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

around average
1,018 sqft
0255075100
Same streetBottom 45%Same areaTop 37%CitywideBottom 28%
Same street · Yale Avenue W
#180 / 330
Bottom 45% · Avg 1,539 sqft
Same area · Victoria West
#376 / 1,021
Top 37% · Avg 976 sqft
Citywide · Winnipeg
#140,191 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
311k
0255075100
Same streetTop 48%Same areaTop 23%CitywideBottom 33%
Same street · Yale Avenue W
#157 / 330
Top 48% · Avg 408.8k
Same area · Victoria West
#234 / 1,021
Top 23% · Avg 281.8k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 21%Same areaTop 22%CitywideBottom 36%

Lot Size

around average
4,499 sqft
0255075100
Same streetBottom 44%Same areaTop 32%CitywideBottom 34%

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

523 Yale Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 434 m).

Search radius
🏫Education1
Worship1

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 11/2019CA$250k–300k
Sold price

Same street

Bottom 42%

Same area

Top 46%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 523 Yale Avenue W, Winnipeg

Property Overview

This 1,018 sqft home at 523 Yale Avenue W in Victoria West presents a balanced, practical offering. Built in 1956, it is notably newer than many homes on its street and in the wider neighbourhood. Its assessed value sits above the neighbourhood average but is more moderate compared to its immediate street, suggesting a solid position in a desirable area. The lot size of 4,499 sqft is consistent with local norms.

The appeal here is one of value and location within a character neighbourhood. It suits first-time buyers or downsizers seeking a manageable footprint without sacrificing yard space, and who prioritize being in a well-established community over a brand-new home. It’s a property for those who see potential in a mid-century home that may benefit from updates, offering a chance to add personal value in a neighbourhood where older, more expensive homes are common.

Frequently Asked Questions

How does this home’s size compare to others nearby?
At 1,018 sqft, the living area is very close to the Victoria West neighbourhood average. It is smaller than the average home on its specific street, but larger than the average comparable home across the entire city of Winnipeg.

What does the assessed value tell us about this property?
The assessed value of $311,000 is above the neighbourhood average, indicating Victoria West is a desirable area. Interestingly, it is below the average for its own street, which suggests the home may offer relative value compared to its immediate neighbours, possibly due to its size or condition.

Is a 1956 build considered old for this area?
No, it’s actually newer than average. The home was built significantly later than the typical house on Yale Avenue W (1939 average) and in the wider Victoria West neighbourhood (1945 average). This could mean fewer concerns with very old infrastructure.

Is the lot size typical?
Yes. The 4,499 sqft lot is very close to the neighbourhood average and provides a standard urban yard space. It is smaller than the average lot on its street and the city-wide average, which is common for inner-city neighbourhoods.

Who would this property best suit?
This home is ideal for a pragmatic buyer seeking entry into a mature neighbourhood like Victoria West. It suits someone comfortable with a home that may require modernization but offers a newer build date than many surrounding properties and a manageable scale for maintenance or renovation.

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