Property score
40.2
Below average
Overall 40.2 · Smaller than most nearby homes
720 sqft (bottom 11%) · Built in 1938 (7 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 schools, 3 parks, and 4 place of worships nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
40.2 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: #46110831
$67K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
48%
Single-person households
14%
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
702 Bond Street — 12 amenities found within 500 m, across 4 categories, including 3 dining (nearest 369 m), 2 education (nearest 262 m), 3 parks (nearest 157 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 45% | Top 43% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 702 Bond Street, Victoria West, Winnipeg
Section 1: Key Characteristics & Appeal
This 1938-built home on Bond Street presents a specific and pragmatic opportunity in Winnipeg’s Victoria West neighbourhood. Its key appeal lies in value and location, rather than size. With 720 sqft of living space, the home is notably compact, ranking in the bottom 10-11% for size on its street and in the broader community. This translates to a manageable, low-maintenance interior footprint.
The property’s strength is its assessed value for taxation purposes ($288,000), which is competitive. It ranks in the top 34% on its street and near the neighbourhood average, suggesting the lot and location are recognized as valuable, even if the house itself is modest in scale. The lot, while below the city average, is a standard size for the central area.
This home would suit first-time buyers, downsizers, or investors seeking an entry point into a central neighbourhood without a premium price tag. It’s for those who prioritize location and lot potential over immediate living space, and who are comfortable with a home that may require updates reflective of its era. A thoughtful perspective is that its below-average size and near-average assessment could indicate an opportunity: the value is anchored in the land and location, offering a canvas for expansion or renovation for a buyer with a longer-term vision.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes, at 720 sqft, the living space is significantly below the averages for Bond Street (993 sqft), Victoria West (976 sqft), and Winnipeg overall (1,342 sqft). It is a compact, efficient layout.
2. Why is the tax assessment relatively high for a small home?
The assessment reflects both the building and the land value. Its ranking suggests the value is driven more by its desirable location in Victoria West and its lot, rather than the size or condition of the structure itself.
3. What does the 1938 build year mean for maintenance?
Built in 1938, the home is older than most in Winnipeg. Buyers should budget for potential updates to older systems like wiring, plumbing, or windows, and consider a thorough inspection. Its age is typical for the immediate street.
4. Is the lot a good size?
At 3,659 sqft, the lot is slightly below the street average but is a standard urban parcel for central neighbourhoods. It provides adequate outdoor space but is not exceptionally large.
5. How does this property compare to others in the area?
The data shows it’s a smaller-than-average home on a standard lot in a sought-after location. You are paying primarily for the neighbourhood and the land. It compares favourably on value assessment but requires a willingness to live in or upgrade a compact, character home.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
