708 Bond Street

Victoria West, Winnipeg

Property score

40.5

Below average

Overall 40.5 · Smaller than most nearby homes

720 sqft (bottom 11%) · Built in 1940 (5 yrs older than avg)

Located in a above-average income area with median household income of ~67k

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

26% smaller 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

40.5 is composed by the two sections below.

Property Score

28.3Low
Living Area22
720 sqftLow
Year Built24
1940Low
Lot Size46
3,659 sqftLow
Neighbourhood Sales Activity67
Good

Community Score

58.7Fair
Household Income68
Good
Education Level22
Low
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health52
Fair

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

below average
720 sqft
0255075100
Same streetBottom 10%Same areaBottom 11%CitywideBottom 5%
Same street · Bond Street
#60 / 67
Bottom 10% · Avg 993 sqft
Same area · Victoria West
#911 / 1,021
Bottom 11% · Avg 976 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

below average
247k
0255075100
Same streetBottom 27%Same areaBottom 24%CitywideBottom 16%
Same street · Bond Street
#49 / 67
Bottom 27% · Avg 274.7k
Same area · Victoria West
#772 / 1,021
Bottom 24% · Avg 281.8k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · 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

708 Bond Street — 13 amenities found within 500 m, across 4 categories, including 3 dining (nearest 398 m), 3 education (nearest 273 m), 3 parks (nearest 171 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 11/2022CA$200k–250k
Sold price

Same street

Bottom 23%

Same area

Bottom 35%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 708 Bond Street, Winnipeg

Property Summary: 708 Bond Street, Victoria West, Winnipeg

Section 1: Key Characteristics & Appeal

This 720 sqft home on a 3,659 sqft lot is a classic 1940s property that presents a clear value-oriented opportunity in the sought-after Victoria West neighborhood. Its primary appeal lies in its position as a competitively priced entry point into a mature, established area. The assessed value of $247k is notably below averages for the street, neighborhood, and city, suggesting potential for those comfortable with a home that may require updates.

The property would suit pragmatic first-time buyers, investors looking for a rental property in a stable locale, or downsizers seeking a lower-maintenance footprint without leaving the neighborhood. Its smaller living area and lot size are balanced by its lower price point, offering a chance to build equity in a well-located area. A thoughtful perspective is that while the home ranks below average in size and value metrics now, its established location provides a solid foundation; the value here is in the land and the address, with the house itself representing the customizable element.

Section 2: Frequently Asked Questions

1. Is this a "fixer-upper"?
The data suggests it likely requires modernization. Its assessed value is significantly lower than comparable homes, which often reflects a home in original or dated condition relative to updated neighbors on the same street.

2. How does the smaller size impact livability?
At 720 sqft, the living space is compact. This suits minimalist living or could be efficient for one or two people. It’s important to consider if the layout meets your needs, as space for expansion may be limited.

3. What does the "below average" ranking really mean for value?
While below local averages, it also means a lower price tag. In a neighborhood where most homes are more valuable, this property offers an accessible price. Future value will depend more on improvements and market trends than current rankings.

4. Is the lot size a disadvantage?
At just under 3,700 sqft, the lot is smaller than many in the city but is fairly typical for Victoria West. It offers manageable outdoor space for a small garden or patio without demanding extensive upkeep.

5. Why consider a home from 1940?
Homes from this era in Winnipeg often feature solid construction and character. However, prospective buyers should budget for potential updates to major aging systems like plumbing, wiring, or insulation to meet modern standards and efficiency.