535 Yale Avenue W

Victoria West, Winnipeg

Property score

51.3

Fair

Overall 51.3 · Compared with neighbourhood average

880 sqft (bottom 35%) · Built in 1955 (10 yrs newer than avg)

Located in a high-income area with median household income of ~89k

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby

Living Area

Below average

10% 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)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

51.3 is composed by the two sections below.

Property Score

38.8Low
Living Area880 sqft32Low
Year Built195536Low
Lot Size4,999 sqft60Fair
Neighbourhood Sales Activity67Good

Community Score

70.1Good
Household Income80Excellent
Education Level22Low
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110824

Community deep dive

$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

Population, labour & age

Population (2021)495
Labour force participation rate73%
Median age38.0
Avg household size2.5
Unemployment rate5%
Population density3535 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households23%
Couple families with children28%
Median household income (2020)$89K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
880 sqft
0255075100
Same streetBottom 24%Same areaBottom 35%CitywideBottom 15%
Same street · Yale Avenue W
#250 / 330
Bottom 24% · Avg 1,539 sqft
Same area · Victoria West
#666 / 1,021
Bottom 35% · Avg 976 sqft
Citywide · Winnipeg
#165,778 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
331k
0255075100
Same streetTop 38%Same areaTop 10%CitywideBottom 39%
Same street · Yale Avenue W
#124 / 330
Top 38% · Avg 408.8k
Same area · Victoria West
#104 / 1,021
Top 10% · Avg 281.8k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 27%Same areaTop 35%CitywideBottom 34%

Lot Size

above average
4,999 sqft
0255075100
Same streetTop 37%Same areaTop 16%CitywideBottom 45%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

535 Yale Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 377 m), 4 parks (nearest 447 m).

Search radius
🏫Education1
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 9/2022CA$250k–300k
Sold price

Same street

Top 42%

Same area

Top 23%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 535 Yale Avenue W, Winnipeg

Property Overview

This 880 sqft home, built in 1955 on a 4,999 sqft lot at 535 Yale Avenue W, presents a distinct profile within Winnipeg's Victoria West community. Its appeal is rooted in its position as a competitively assessed property in a desirable area, offering a balance of location and value rather than sheer size.

Key Characteristics & Target Buyer

The home’s primary characteristic is its value proposition within the Victoria West neighborhood. With an assessed value significantly above the community average but close to the city-wide average, it suggests a well-regarded location without a premium price tag for a larger home. The living space is modest—below averages for both its specific street and the city—making it a manageable footprint. However, the lot size is generous for the community, offering valuable outdoor space potential.

Its appeal lies in entry into a sought-after area with a home that is newer than many on its street, coupled with a tax assessment that reflects solid perceived value. It would suit a first-time buyer or downsizer prioritizing location over square footage, who values a larger lot for gardening, pets, or future expansion more than a large interior. It’s a practical choice for someone looking to gain a foothold in a established neighborhood without the upkeep of a much larger property.

Frequently Asked Questions

1. Is the living space too small compared to other homes?
At 880 sqft, the home is below the average size for both Yale Avenue W and Winnipeg overall. It is, however, close to the average for the Victoria West community itself. This indicates a more compact, efficient layout suited for individuals, couples, or small families.

2. Why is the tax assessment relatively high for the community?
The assessment is in the top 10% for Victoria West, likely reflecting the home’s desirable location, lot size, condition, and improvements relative to others in the broader community. It sits closer to the city-wide average, suggesting the assessment aligns with broader market valuations.

3. What does the 1955 build year mean for maintenance?
Built in 1955, the home is newer than many on its street (ranking in the top 27%), which may mean updated infrastructure compared to pre-war houses. Buyers should still budget for age-related maintenance common to mid-century homes, such as potential updates to plumbing, electrical, or windows.

4. How does the lot size compare, and what are the advantages?
The lot is above average for Victoria West (top 16%), offering more private outdoor space than many neighboring properties. While not the largest in the city, it provides a notable advantage within this community for outdoor living, storage, or landscaping.

5. How should I interpret the various ranking percentages?
The rankings compare this home against different pools: its immediate street, the Victoria West community, and all of Winnipeg. For example, being "below average" in living space city-wide but "close to average" within Victoria West highlights that this community has a mix of home sizes, and this property fits within that local context. The high assessment rank within the community underscores its strong standing in that specific area.

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