Property score
47.9
Below average
Overall 47.9 · Smaller but newer than most nearby homes
768 sqft (bottom 19%) · Built in 1956 (11 yrs newer than avg)
Located in a high-income area with median household income of ~89k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 4 parks nearby
Living Area
Below average
21% 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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47.9 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
541 Victoria Avenue W — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 476 m), 1 education (nearest 364 m), 1 healthcare (nearest 497 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%
541 Victoria Avenue W: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 768 sqft home, built in 1956 on a 4,399 sqft lot at 541 Victoria Avenue W, presents a specific and compelling value proposition. Its assessed value of $288k sits comfortably around the average for the Victoria West neighborhood, offering a more accessible entry point into the area compared to the higher street average. The home's smaller living area is a defining characteristic, placing it below averages at every level, which directly shapes its appeal and ideal buyer profile.
Key Characteristics & Appeal
The primary appeal of this property is its position as a relatively affordable foothold in the established Victoria West neighborhood. It suits first-time buyers, downsizers, or investors seeking a manageable property with renovation potential. The lot size is typical for the area, providing adequate outdoor space without excessive maintenance.
A less obvious perspective is that its smaller size and "around average" valuation for the neighborhood suggest it may not have undergone extensive modern expansions, preserving clearer original character and offering a blanker canvas for personalized updates. Its 1956 build date is newer than many area homes, potentially indicating updates in foundational systems compared to pre-war stock. This is a property for those who value location and lot over square footage, seeing the compact interior as an opportunity for efficient, creative design or a lower-cost base in a desirable community.
Frequently Asked Questions
1. Is the living area too small?
At 768 sqft, the home is notably cozier than many area houses. This makes it ideal for individuals, couples, or those comfortable with efficient living, but likely challenging for larger families without plans for expansion.
2. How does the assessed value compare?
The $288k assessment is very close to the neighborhood average ($281.8k) but significantly below the average for Victoria Avenue W itself ($447.8k). This suggests the property is priced for its specific scale and condition, not the street's highest-end offerings.
3. What does the year built (1956) indicate?
Built later than many homes in Victoria West, it may benefit from post-war construction techniques and could have had updates over the years. It's advisable to review the interior condition, wiring, and plumbing to understand its current state.
4. Is the lot size a pro or a con?
The 4,399 sqft lot is standard for the central neighborhood. It provides a decent yard without the upkeep of a much larger plot, a balanced choice for urban living.
5. Who would this property suit best?
It's an excellent match for a pragmatic first-time buyer prioritizing location, a downsizer seeking a manageable home in a familiar area, or an investor looking for a character rental. It's less suited for those needing ample, move-in-ready space without a renovation budget.
