Property score
51.5
Fair
Overall 51.5 · Newer than most nearby homes
888 sqft (bottom 37%) · 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: 5 dining spots, 1 school, 3 healthcare facilitys, and 4 parks nearby
Living Area
Below average
9% 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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51.5 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
548 Yale Avenue W — 15 amenities found within 500 m, across 6 categories, including 5 dining (nearest 443 m), 1 education (nearest 323 m), 3 healthcare (nearest 464 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 | Bottom 34% | Bottom 43% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 548 Yale Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 1956 home in Victoria West presents a practical opportunity with a distinct character. Its 888 sqft living area is compact, notably smaller than the average home on its street and citywide, but it aligns more closely with the neighborhood norm. This efficient footprint suggests lower utility costs and easier maintenance. The lot size of 4,499 sqft is very typical for Victoria West, offering a balanced outdoor space without being overwhelming.
The primary appeal lies in its position within a desirable, established neighborhood. The home’s 1956 build date is newer than many on its street and in the area, potentially indicating fewer concerns with aging infrastructure common in much older homes. With an assessed value of $299k, it sits below the street and city averages, positioning it as a more accessible entry point into the community. This combination suits first-time buyers, downsizers, or pragmatic investors seeking character and location over sheer square footage. It’s for those who value a walkable, mature neighborhood and see the compact size as a feature of efficiency rather than a limitation.
Section 2: Frequently Asked Questions
1. Is the smaller living area a disadvantage?
It depends on your needs. While below average in size, it offers efficiency and affordability. It’s well-suited for individuals, couples, or small families who prioritize location and lower operating costs over spacious rooms.
2. How does the assessed value compare?
At $299k, it’s assessed below the average for both Yale Avenue W and Winnipeg overall. This can suggest a potentially lower property tax burden and may represent a value opportunity within the sought-after Victoria West area.
3. What does the 1956 build year mean for maintenance?
Being newer than many neighboring homes is a plus, as some major systems may have been updated over time. However, as a nearly 70-year-old home, a thorough inspection is still essential to understand the condition of the roof, wiring, plumbing, and foundation.
4. Is the lot size usable?
At 4,499 sqft, the lot is very standard for Victoria West. It provides adequate space for a garden, patio, or play area without the high maintenance of a much larger yard, striking a good balance for urban living.
5. Who would this property not suit?
It may not be ideal for buyers requiring multiple large bedrooms, dedicated home office spaces, or who simply prefer new, open-concept layouts. Those seeking a home with above-average square footage for the price might need to look elsewhere.
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