Property score
47.1
Below average
Overall 47.1 · Smaller than most nearby homes
744 sqft (bottom 15%) · Built in 1955 (10 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, 2 parks, and 1 place of worship nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
10 yrs newer than neighborhood avg.
Mother tongue
English · 82%French · 4%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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47.1 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: #46110824
$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
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 Yale Avenue W — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 420 m), 2 parks (nearest 490 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 40% | Top 46% | Bottom 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 40% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 525 Yale Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 1955-built home in Victoria West presents a practical and value-conscious opportunity. Its primary appeal lies in its position as a more affordable entry point into a well-established neighborhood. With a living area of 744 sqft, the home is compact, ranking below average in size for its street, community, and the city overall. This suggests a efficient, lower-maintenance footprint ideal for first-time buyers, downsizers, or investors.
The property’s assessed value for taxes is notably close to the Victoria West community average, indicating its pricing is aligned with the local market despite its smaller size. The lot size of 4,499 sqft is also competitive within the community, offering a decent outdoor space relative to the home's scale. A thoughtful perspective is that while the house itself is modest, you are acquiring a proportionally valuable piece of land in a central area. The 1955 build year is actually newer than many homes on its specific street, potentially implying fewer concerns with the very oldest infrastructure common in the area.
This home would best suit buyers prioritizing location and lot value over interior square footage. It’s a candidate for those comfortable with a cozy layout or those viewing the property as a long-term hold with potential for expansion or redevelopment, subject to local regulations.
Section 2: Frequently Asked Questions
1. Is the house too small for a small family?
While compact at 744 sqft, the layout will be the deciding factor. It could work for a couple or a very small family with efficient use of space, but those needing multiple bedrooms or dedicated living areas should carefully assess the floor plan.
2. Why is the tax assessment close to the community average when the house is smaller?
The assessment reflects both the value of the land and the building. This suggests the lot value contributes significantly, aligning with the community standard even though the structure is more modest.
3. What does it mean that the build year is "newer" than the street average?
The average build year on Yale Avenue W is 1939. A 1955 home may incorporate slightly newer construction methods, materials, or electrical/plumbing systems, though a full inspection is still essential.
4. How does the below-average living area affect resale?
It establishes a specific market niche. It may appeal to a narrower pool of buyers seeking affordability and lower upkeep, but could also be attractive to investors or those seeing the land's underlying value.
5. Is the land size sufficient for an addition or garage?
At 4,499 sqft, the lot is near the community average. Whether an addition is feasible depends on municipal zoning bylaws, setback requirements, and the current building's placement. A review of survey and city regulations would be necessary.
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