601 Madeline Street

Victoria West, Winnipeg

Property score

47.1

Below average

Overall 47.1 · Smaller than most nearby homes

780 sqft (bottom 21%) · Built in 1952 (7 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 parks, and 4 place of worships nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

7 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 6%

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

47.1 is composed by the two sections below.

Property Score

30.7Low
Living Area780 sqft22Low
Year Built195236Low
Lot Size3,659 sqft46Low
Neighbourhood Sales Activity67Good

Community Score

71.7Good
Household Income75Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
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: #46110833

Community deep dive

$77K

Median household income

$88K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

35%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)776
Labour force participation rate74%
Median age40.0
Avg household size2.2
Unemployment rate8%
Population density4084 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households35%
Couple families with children20%
Median household income (2020)$77K

Housing

Renter households20%
Condominium dwellings32%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority25%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

below average
780 sqft
0255075100
Same streetBottom 28%Same areaBottom 21%CitywideBottom 8%
Same street · Madeline Street
#36 / 50
Bottom 28% · Avg 945 sqft
Same area · Victoria West
#811 / 1,021
Bottom 21% · Avg 976 sqft
Citywide · Winnipeg
#179,126 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
252k
0255075100
Same streetBottom 44%Same areaBottom 27%CitywideBottom 18%
Same street · Madeline Street
#28 / 50
Bottom 44% · Avg 264.5k
Same area · Victoria West
#741 / 1,021
Bottom 27% · Avg 281.8k
Citywide · Winnipeg
#160,206 / 194,458
Bottom 18% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 22%Same areaTop 50%CitywideBottom 30%

Lot Size

below average
3,659 sqft
0255075100
Same streetBottom 26%Same areaBottom 27%CitywideBottom 21%

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

601 Madeline Street — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 496 m), 2 parks (nearest 185 m).

Search radius
🏫Education1
🌳Parks2
Worship4

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 7/2017CA$200k–250k
Sold price

Same street

Top 41%

Same area

Bottom 35%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 601 Madeline Street, Winnipeg

Property Overview

This 780 sqft home at 601 Madeline Street in Victoria West presents a practical and affordable entry point into the Winnipeg market. Built in 1952, it is newer than many houses on its street and in the wider neighborhood. With an assessed value of $252K, it sits below the citywide average, offering a price advantage. The lot size of 3,659 sqft is modest but typical for the immediate area.

The appeal here is rooted in value and potential. It suits first-time buyers or investors looking for a lower-cost footprint in a central neighborhood. The house may appeal to those who prioritize location and a manageable property size over modern square footage, seeing an opportunity to customize a solid, post-war home. A less obvious perspective is that its below-average metrics across the board, within an otherwise average-strength neighborhood, could indicate a "value-add" opportunity for renovation, potentially yielding greater proportional gains compared to more updated homes on the street.

Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The assessed value of $252K is around the average for Madeline Street but below the averages for both the Victoria West neighborhood and the city of Winnipeg as a whole, suggesting a competitively priced listing for this location.

2. Is the living space smaller than typical homes?
Yes. At 780 sqft, the living area is below the average for the street, neighborhood, and city. This indicates a compact, efficient layout suited for individuals, couples, or small families.

3. What does the "year built" ranking tell me?
Built in 1952, this home is newer than most on its street (ranking #11 out of 50) and about average for the wider neighborhood. This suggests it may have undergone fewer foundational aging issues than some older neighbors, though interior updates will vary.

4. Is the lot size a disadvantage?
The lot is 3,659 sqft, which is below average for the street and city. However, it is very close to the neighborhood average. It provides a standard urban yard space but may not suit those seeking extensive outdoor areas.

5. Who would this property be best for?
It is ideally suited for budget-conscious buyers seeking entry into the market, such as first-time homeowners or investors. It may also appeal to downsizers or those who prefer a lower-maintenance property with the potential to increase value through strategic updates.

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