Property score
48.4
Below average
Overall 48.4 · Smaller than most nearby homes
818 sqft (bottom 26%) · Built in 1948 (3 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: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Near average
3 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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48.4 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
525 Regent Avenue W — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 465 m), 2 parks (nearest 458 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 28% | Bottom 22% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 17% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 818 sqft home, built in 1948, presents a practical opportunity in Victoria West. Its key appeal lies in a value-conscious entry point into the Winnipeg market, underscored by a lot size that is generous for its immediate area. The assessed value sits comfortably below area averages, suggesting potential for equity growth in a well-established neighbourhood.
Key Characteristics & Appeal
The home’s living space is modest, ranking below city and neighbourhood averages, which positions it well for first-time buyers, downsizers, or investors seeking a manageable property. Its standout feature is the 4,898 sqft lot, which is notably larger than most on its street and in Victoria West. This offers valuable outdoor space and future potential that many similarly priced properties lack.
The appeal is grounded in value. With an assessed value significantly lower than both local and city averages, it represents an accessible purchase. It suits buyers who prioritize a larger yard over extensive interior square footage, and who see the benefit in a home that is financially below the "weight class" of its surroundings—a scenario that can provide a buffer and opportunity in a changing market.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the 818 sqft interior is below the neighbourhood average, it is relatively typical for homes of this era on Regent Avenue W. It promotes a low-maintenance lifestyle and can be efficient to heat and maintain.
2. What does the below-average assessed value indicate?
It primarily suggests the property is valued lower than many comparable homes in Winnipeg. This can mean a more affordable entry point, but it’s wise to understand if this reflects the home’s condition, updates needed, or simply its smaller size.
3. How significant is the larger lot size?
The lot is a key asset. Ranking in the top 25% on its street for land area, it provides ample private outdoor space—a rarity—and could allow for future additions like a garage, garden, or deck, subject to local bylaws.
4. What type of neighbourhood is Victoria West?
The data shows Victoria West is a mature, established area with homes primarily built in the mid-20th century. Property values here are notably higher than on this specific street, indicating this home is in a more affordable pocket of the neighbourhood.
5. Who would this property suit best?
It’s an ideal fit for a pragmatic first-time buyer comfortable with a cosier home in exchange for a larger yard, or an investor looking for a character property with a value proposition based on its land. Downsizers may also appreciate the single-level layout common to homes of this vintage.
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