Property score
55.1
Fair
Overall 55.1 · Newer than most nearby homes
904 sqft (bottom 41%) · Built in 1956 (11 yrs newer than avg)
Located in a high-income area with median household income of ~89k
Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Near average
7% smaller 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)
447
236.5k
$311/sqft
1945
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55.1 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
530 Ravelston Avenue W — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 407 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 | Top 18% | Top 4% | Top 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 34% | Top 20% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 530 Ravelston Avenue W, Winnipeg
Key Characteristics & Appeal
This 1956-built home in Victoria West presents a compelling mix of established neighborhood value and manageable scale. Its key appeal lies in its strong positioning within the immediate area rather than citywide size. With 904 sqft of living space and a 4,299 sqft lot, the property is moderately sized, offering a lower-maintenance footprint without feeling cramped.
The standout characteristic is its assessed value of $355k, which ranks in the top 5% for the Victoria West neighborhood. This suggests the property is perceived as a premium asset on its local block and within the community, potentially due to factors like condition, specific location on the street, or improvements. It suits buyers looking for an entry into a desirable, established area without the upkeep of a larger lot or home. It would also appeal to value-conscious purchasers who prioritize a strong assessment relative to neighbors over having above-average square footage. The home offers a less obvious opportunity for someone seeking a property with a solid valuation foundation in a neighborhood where it stands out, which can be a stability advantage.
Frequently Asked Questions
1. Is the living space too small compared to the average Winnipeg home?
Yes, at 904 sqft, it is below the Winnipeg average. However, it is much more aligned with the scale of homes in the Victoria West neighborhood, where it ranks around average. This is typical for many mature, central neighborhoods.
2. Why is the assessed value so high relative to the neighborhood average?
An assessment ranking in the top 5% for Victoria West indicates the city assessor views this property as having a higher value than most comparable homes in the area. This can be due to a combination of factors including lot specifics, property condition, updates, and its exact location on the street.
3. What does the "Elite" ranking for assessed value mean?
This tiered ranking simply means the property's assessed value is significantly higher than the majority of similar properties in its immediate neighborhood group. It reflects its relative standing, not an absolute judgment on luxury.
4. As a 1956 build, what should I expect regarding maintenance?
The home is slightly newer than the average for Victoria West and around average for its street. Buyers should still budget for and expect maintenance consistent with a nearly 70-year-old home, such as potential updates to roofing, windows, or mechanical systems.
5. How does the lot size compare, and what are the implications?
At 4,299 sqft, the lot is slightly smaller than the street average but very close to the neighborhood average. This typically means a manageable yard for gardening or relaxation, with proportionally less exterior maintenance than a larger city lot, while still providing private outdoor space.
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