Property score
61.3
Fair
Overall 61.3 · Larger and newer than most nearby homes
1,160 sqft (top 18%) · Built in 1960 (15 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 dining spot, 1 school, 3 parks, and 1 place of worship nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Above average
15 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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61.3 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
538 Victoria Avenue W — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 495 m), 1 education (nearest 393 m), 3 parks (nearest 412 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 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
This home at 538 Victoria Avenue W presents a balanced offering within Winnipeg's Victoria West community. Its key appeal lies in being a well-sized, established property that outperforms many local benchmarks while carrying a relatively modest tax assessment.
Key Characteristics & Ideal Buyer
The 1,160 sqft residence, built in 1960, sits on a 5,798 sqft lot. The data reveals a compelling narrative: while the home's size and age are close to the Winnipeg average, it stands out significantly within its immediate Victoria West neighborhood. Here, its living space, lot size, and assessed value are all notably above the community averages. Specifically, its tax assessment ranks in the top 13% for the area, suggesting it is viewed as a higher-value property compared to its local peers, yet its absolute assessment is below the averages for both its own street and the entire city.
The appeal is for a practical buyer who values space and established communities over a brand-new build. It suits someone looking for a home with room to grow (gardening, outdoor space) in a sought-after area, without the premium price tag often associated with top-tier city-wide rankings. A thoughtful perspective is that this property represents a "neighborhood standout" rather than a "city-wide trophy." It offers the benefits of living in a desirable community where it compares favorably, while its city-average metrics might keep it accessible. It would particularly suit a buyer who prioritizes community character and lot size over having the newest home on the block.
Frequently Asked Questions
1. What do the rankings actually mean?
They show how this property compares to similar ones in three expanding areas: Victoria Avenue W, the Victoria West community, and all of Winnipeg. Being "above average" in Victoria West means it scores better than most homes in this specific, desirable neighborhood.
2. The assessed value is above the neighborhood average but below the street average. Why?
This indicates Victoria Avenue W is likely a premium street within Victoria West, with higher-value homes overall. This property's assessment is strong for the broader community but sits in the middle-to-lower range on its own block, which could represent a value opportunity.
3. Is a 1960 build date a concern?
While newer than many homes in Victoria West (ranking in the top 10% for the community), it will likely require standard maintenance and updates expected for a home of this era. Its age is very close to the city-wide average.
4. How usable is the lot size?
At nearly 5,800 sqft, the lot is substantially larger than the typical Victoria West property (top 7% in the community). This is a major asset, offering potential for gardening, expansion, or outdoor living space that is less common in the area.
5. Does a higher assessment mean much higher property taxes?
Not directly. The assessment is used to determine your share of the total municipal tax bill. While a higher assessment relative to neighbors means you'll pay more than them, the fact that this home's assessment is below the city average suggests its tax burden may be manageable compared to many Winnipeg homes.
