707 Bond Street

Victoria West, Winnipeg

Property score

49.4

Below average

Overall 49.4 · Smaller and older than most nearby homes

813 sqft (bottom 26%) · Built in 1916 (29 yrs older than avg)

Located in a above-average income area with median household income of ~79.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 3 schools, 3 parks, and 4 place of worships nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Below average

29 yrs older than neighborhood avg.

Mother tongue

English · 82%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

49.4 is composed by the two sections below.

Property Score

32.7Low
Living Area813 sqft32Low
Year Built191616Low
Lot Size3,662 sqft46Low
Neighbourhood Sales Activity67Good

Community Score

74.5Good
Household Income76Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46110829

Community deep dive

$80K

Median household income

$84K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

29%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)508
Labour force participation rate70%
Median age34.8
Avg household size2.5
Unemployment rate12%
Population density3386 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households29%
Couple families with children26%
Median household income (2020)$80K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$234K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority30%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

below average
813 sqft
0255075100
Same streetBottom 21%Same areaBottom 26%CitywideBottom 10%
Same street · Bond Street
#53 / 67
Bottom 21% · Avg 993 sqft
Same area · Victoria West
#756 / 1,021
Bottom 26% · Avg 976 sqft
Citywide · Winnipeg
#175,393 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
251k
0255075100
Same streetBottom 31%Same areaBottom 26%CitywideBottom 17%
Same street · Bond Street
#46 / 67
Bottom 31% · Avg 274.7k
Same area · Victoria West
#752 / 1,021
Bottom 26% · Avg 281.8k
Citywide · Winnipeg
#160,680 / 194,458
Bottom 17% · Avg 390.1k

Year Built

below average
1916
0255075100
Same streetBottom 18%Same areaBottom 18%CitywideBottom 11%

Lot Size

around average
3,662 sqft
0255075100
Same streetTop 40%Same areaBottom 32%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

707 Bond Street — 13 amenities found within 500 m, across 4 categories, including 3 dining (nearest 419 m), 3 education (nearest 320 m), 3 parks (nearest 215 m).

Search radius
🍽️Dining3
🏫Education3
🌳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 4/2024CA$200k–250k
Sold price

Same street

Bottom 35%

Same area

Bottom 39%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 707 Bond Street, Winnipeg

Property Summary: 707 Bond Street, Victoria West, Winnipeg

Key Characteristics & Appeal

This 1916 home in Victoria West presents a practical, value-oriented opportunity. Its 813 sqft living space is modest, consistently ranking below average for the street, neighborhood, and city, indicating a compact, efficient layout. The assessed value of $251k follows a similar pattern, sitting just below the local averages but significantly below the Winnipeg citywide average, suggesting a relatively accessible entry point into the market.

The appeal lies in its balance and potential. The 3,662 sqft lot is notably closer to the local averages, offering a good ratio of outdoor to indoor space for the area—a valuable asset for gardening, expansion, or simply having room to breathe. This combination of a smaller, maintainable home on a decent lot creates a specific niche. It would suit first-time buyers, downsizers, or pragmatic investors seeking a footprint in a central neighborhood without a premium price tag. Its vintage 1916 construction offers character but also implies a need for thoughtful updates, appealing to those who see value in gradual improvement over a move-in-perfect finish.

Frequently Asked Questions

1. Is the smaller living area a disadvantage?
It can be, depending on your needs. However, it translates to lower utility costs, less maintenance, and a more affordable price point, making homeownership accessible. It encourages efficient use of space and may suit simpler lifestyles.

2. How does the assessed value relate to the likely selling price?
Assessed value is for municipal tax purposes and is a lagging indicator. While it suggests the home is valued below many local and citywide comparables, the final sale price is determined by the current market. Its position below averages could indicate room for equity growth as updates are made.

3. What does the 1916 build year mean for me?
You are buying a piece of Winnipeg’s history with the charm and craftsmanship of that era. Practically, it necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation to understand any necessary investments for modern comfort and efficiency.

4. The lot size is strong locally but below the city average. Why does that matter?
Citywide averages include vast suburban lots. In a mature, central neighborhood like Victoria West, this lot size is competitive. It offers more private outdoor space than many inner-city properties, which is a growing priority for many buyers.

5. Who is this property not for?
It may not suit those requiring substantial, move-in-ready space or who prefer new builds without renovation projects. The smaller interior and older construction require a buyer comfortable with cozy living and potential ongoing updates.

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