Property score
61.3
Fair
Overall 61.3 · Newer than most nearby homes
1,037 sqft (top 32%) · Built in 1956 (11 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 8 dining spots, 1 school, 4 healthcare facilitys, and 1 shop nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 5%
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
61.3 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: #46110825
$94K
Median household income
$111K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
25%
Single-person households
30%
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
707 Ravelston Avenue W — 22 amenities found within 500 m, across 8 categories, including 8 dining (nearest 325 m), 1 education (nearest 208 m), 4 healthcare (nearest 373 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 42% | Top 26% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 707 Ravelston Avenue W, Victoria West, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,037 sqft bungalow, built in 1956 on a 4,399 sqft lot, presents a solid, above-average offering within its immediate community. Its primary appeal lies in its strong positioning in the desirable Victoria West neighborhood, where its assessed value ranks in the top 8% of comparable local homes. This suggests a property that is well-regarded and likely well-maintained relative to its peers.
The home suits practical buyers looking for a move-in-ready foundation in an established area. It’s an ideal fit for first-time homeowners, small families, or downsizers who prioritize location and community over sheer size. A thoughtful perspective is that while the living area is typical for the street and neighborhood, it sits comfortably above the area average, offering a bit more space than many nearby homes. The lot size, while smaller than the street average, is still generous for the neighborhood and city, offering good outdoor potential without overwhelming maintenance. This isn’t the largest or newest home on the block, but it represents a balanced, value-conscious entry into one of Winnipeg's more sought-after neighborhoods.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in the area?
Its assessed value of $337k is significantly above the Victoria West neighborhood average ($281.8k), placing it in the top 8% locally. This indicates it is a higher-value property within this specific community.
2. Is the living space considered small?
At 1,037 sqft, it is very close to the average for both its street (1,066 sqft) and neighborhood (976 sqft). It provides a typical amount of space for the area, which tends to feature character homes rather than oversized modern builds.
3. What does the year built (1956) imply?
Built in 1956, it is newer than the average home in Victoria West (1945) but typical for Ravelston Avenue W. Buyers can expect the construction standards and potential renovation needs common to well-built mid-century bungalows.
4. Is the lot a good size?
The 4,399 sqft lot is above average for the city and the neighborhood. While some lots on the street are larger, this property still offers substantial outdoor space compared to many Winnipeg homes.
5. How is “above average” value balanced with “around average” size?
This is a key point. The home’s value ranking exceeds its size ranking, suggesting factors beyond square footage are driving its assessment. This could include the home’s condition, specific upgrades, lot desirability, or its precise location within Victoria West. It points to a property where the quality and location may offer more value than the raw dimensions alone indicate.
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.
