Property score
69.1
Good
Overall 69.1 · Larger and newer than most nearby homes
1,533 sqft (top 3%) · Built in 1956 (11 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
Above average
57% larger than neighborhood avg.
Year Built
Above average
11 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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69.1 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
530 Victoria Avenue W — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 422 m), 2 parks (nearest 440 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 22% | Top 4% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 14% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 530 Victoria Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Victoria West presents a compelling blend of established neighborhood charm and strong comparative metrics. The 1,533 sqft dwelling, built in 1956, sits on a 6,598 sqft lot. Its true appeal lies in its elite standing within the immediate Victoria West neighborhood, where it ranks in the top 3% for both lot size and assessed value. This indicates a property that is a high performer in a desirable area. While the home's living area and assessed value ($386k) are above average for its specific street and citywide, they are notably positioned below the street's average value, which could represent a value opportunity for the right buyer.
The property would suit a buyer looking for a solid, established home in a prime neighborhood without paying the premium for the largest house on the block. It’s ideal for someone who values a generous lot (significantly larger than the neighborhood norm) and sees potential in a home that may benefit from updates. A thoughtful perspective is that this home offers the benefits of an elite-area address while the structure itself presents a more manageable scale for maintenance or future renovation compared to some larger street-mates.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The home’s assessed value of $386k is notably below the $447.8k average for Victoria Avenue W. While assessed value is for taxation and not a direct market appraisal, this gap can sometimes indicate a pricing opportunity, but it's essential to have a current market evaluation.
2. Is the lot size a major advantage?
Yes. At 6,598 sqft, the lot ranks in the top 3% for the Victoria West neighborhood, where the average is 4,257 sqft. This provides significant outdoor space, privacy, and potential for gardens, play areas, or expansions, which is a rare find in established central neighborhoods.
3. What does the "Elite" neighborhood ranking mean?
It means that compared to over 1,000 similar properties in Victoria West, this home is in the top 3% for key metrics like lot size and assessed value. This suggests it's located in a premium segment of an already sought-after area, which is a positive for long-term value.
4. The home was built in 1956. What should I consider?
While the build year is around average for the street, it places the home in the era of solid construction but likely requiring updates to major systems (like plumbing, electrical, or windows) and interior finishes. A thorough inspection is crucial to understand the condition and any needed investments.
5. Why is the living area ranked higher on the street than citywide?
The living space (1,533 sqft) is above the city average but slightly above the street's average. This indicates that Victoria Avenue W generally features larger-than-average homes, so this property offers comfortable space while being a relatively more modest-sized home on its own block.
