Property score
57.1
Fair
Overall 57.1 · Newer than most nearby homes
1,037 sqft (top 32%) · Built in 1957 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
12 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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57.1 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
524 Victoria Avenue W — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 452 m), 2 parks (nearest 469 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 19% | Bottom 32% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 524 Victoria Avenue W in Winnipeg's Victoria West neighborhood presents a balanced, middle-of-the-road profile. Its key appeal lies in its relative modernity within a historic area and its manageable scale.
Key Characteristics & Ideal Buyer
The 1,037 sqft dwelling, built in 1957, is notably newer than many homes in the Victoria West community, potentially suggesting fewer concerns with aging infrastructure common to the area's older stock. Its living space is compact yet functional, sitting comfortably above the neighborhood average but below the broader city average, indicating an efficient layout without being overly spacious.
Financially, the property's assessed value for taxes is a standout feature. While below the average for its specific street and the entire city, it sits above the average for the wider Victoria West community. This positions it as a potentially more accessible entry point onto Victoria Avenue W itself, while still representing a solid investment within the neighborhood context. The lot size of 4,599 sqft is also above the community average, offering decent outdoor space for the area.
This property would suit first-time buyers or downsizers seeking a home in a well-established neighborhood without the premium price tag of a larger, fully renovated property. It’s for those who value a manageable footprint, a relatively newer build in a classic area, and a tax assessment that reflects a reasonable entry point. It may also appeal to pragmatic investors looking for a character-adjacent property with lower holding costs.
Frequently Asked Questions
1. How does the 1957 build year compare to nearby homes?
This home is newer than most in Victoria West, where the average build year is 1945. On its own street, it's close to the average. This suggests it may have undergone updates over the years and could have fewer inherent maintenance issues related to very old construction.
2. Is the assessed value low, and what does that mean?
The assessed value is below the city and street averages but above the Victoria West community average. This typically results in moderately lower property taxes than newer or more renovated homes on the same street, while still aligning with the neighborhood's general value.
3. The living space is smaller than the street average. Is that a concern?
At 1,037 sqft, the home is more spacious than the typical Victoria West home but smaller than others on Victoria Avenue W. This indicates a efficient, likely easier-to-maintain size that matches the neighborhood's character well, but may not suit those needing extensive room.
4. What does the lot size tell me about the property?
The lot is larger than the Victoria West average, providing good outdoor space for the community. However, it's smaller than the average lot on Victoria Avenue W itself, meaning it likely requires less upkeep than some neighboring properties while still offering a decent yard.
5. How should I interpret these ranking percentages?
The rankings (e.g., "top 32%") show how this property compares to similar ones in each geographic tier. For example, being in the top 32% for living space in Victoria West means 68% of comparable homes in the community are smaller. It's a quick way to gauge relative standing.
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.
