704 Bond Street

Victoria West, Winnipeg

Property score

54.1

Fair

Overall 54.1 · Larger than most nearby homes

1,113 sqft (top 23%) · Built in 1940 (5 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

Above average

14% larger than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 81%Tagalog · 4%

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

54.1 is composed by the two sections below.

Property Score

51.1Fair
Living Area1,113 sqft60Fair
Year Built194024Low
Lot Size3,659 sqft46Low
Neighbourhood Sales Activity67Good

Community Score

58.7Fair
Household Income68Good
Education Level22Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health52Fair

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: #46110831

Community deep dive

$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

Population, labour & age

Population (2021)749
Labour force participation rate60%
Median age44.0
Avg household size2.0
Unemployment rate12%
Population density3404 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households48%
Couple families with children14%
Median household income (2020)$67K

Housing

Renter households18%
Condominium dwellings35%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority14%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

above average
1,113 sqft
0255075100
Same streetTop 33%Same areaTop 23%CitywideBottom 41%
Same street · Bond Street
#22 / 67
Top 33% · Avg 993 sqft
Same area · Victoria West
#238 / 1,021
Top 23% · Avg 976 sqft
Citywide · Winnipeg
#115,207 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
303k
0255075100
Same streetTop 19%Same areaTop 30%CitywideBottom 30%
Same street · Bond Street
#13 / 67
Top 19% · Avg 274.7k
Same area · Victoria West
#308 / 1,021
Top 30% · Avg 281.8k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1940
0255075100
Same streetBottom 46%Same areaBottom 33%CitywideBottom 19%

Lot Size

around average
3,659 sqft
0255075100
Same streetBottom 31%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

704 Bond Street — 12 amenities found within 500 m, across 4 categories, including 3 dining (nearest 379 m), 2 education (nearest 266 m), 3 parks (nearest 161 m).

Search radius
🍽️Dining3
🏫Education2
🌳Parks3
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 9/2016CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Top 47%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 704 Bond Street, Winnipeg

Property Overview

This home at 704 Bond Street presents a solid, above-average offering within its immediate neighborhood. Its key appeal lies in its well-proportioned living space and strong local valuation, set within a mature, established community.

Key Characteristics & Ideal Buyer

The 1,113 sqft residence sits on a 3,659 sqft lot in Victoria West. Built in 1940, its age is typical for the street and area. The standout characteristic is its assessed value of $303,000, which ranks in the top 19% on Bond Street and top 30% in the wider Victoria West community, indicating it is perceived as a higher-quality asset compared to many nearby properties. The living space is also notably above the community average.

Its appeal is grounded in offering more interior space than many local comparables, coupled with a tax assessment that suggests good relative value for the neighborhood. It would suit a practical buyer who values established communities with character over brand-new subdivisions. This buyer is likely looking for a home that requires standard maintenance consistent with its era but offers the stability of a desirable location where property values hold strong relative to the immediate surroundings. It’s a property for someone who measures value not just against the whole city, but keenly within the context of their chosen neighborhood.

Frequently Asked Questions

1. What does the high assessment ranking mean for property taxes?
A higher assessment relative to the street and community average typically means you will pay proportionally higher property taxes than some neighbors. However, it also strongly suggests the municipality views the property as a premium offering in its local market, which can be positive for long-term value.

2. The lot size is below area and city averages. Is that a concern?
For this neighborhood, the lot is closer to the street average. It provides a manageable outdoor space typical of many central, established areas. It may appeal to those seeking less yard maintenance while still having private outdoor area.

3. As a 1940s home, what should I be prepared for?
While systems like roof, wiring, and plumbing may have been updated, a home of this age will have the maintenance needs consistent with its era. A thorough inspection is essential to understand the condition of the foundation, original features, and any past renovations.

4. The living space ranks higher than the lot size. What does this indicate?
This suggests the house makes efficient use of its footprint, potentially offering a more spacious interior feel than the lot size might imply. It points to a practical home design.

5. How useful are these comparative rankings?
They are excellent for understanding the property’s standing in its immediate micro-markets (street and community), which is often more relevant for daily living and value retention than city-wide comparisons. They show this home is a strong performer within its own locale.

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.