723 Regent Avenue W

Victoria West, Winnipeg

52.9

Fair

Overall 52.9

Newer than most nearby homes

903 sqft (bottom 39%)

Built in 1957 (12 yrs newer than avg)

Located in a above-average income area

with median household income of ~73.5k

Transit 94.0

1-min walk to transit with 4 nearby routes

Within 500m: 6 dining spots, 1 school, 4 healthcare facilitys, and 2 shops nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 74%Tagalog · 9%

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

52.9 is composed by the two sections below.

Property Score

45.1Low
Living Area903 sqft42Low
Year Built195743Low
Lot Size4,200 sqft53Fair
Neighbourhood Sales Activity67Good

Community Score

64.5Fair
Household Income74Good
Education Level34Low
Housing Stress63Fair
Core Housing Need76Good
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: #46110823

Community deep dive

$74K

Median household income

$79K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

32%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)642
Labour force participation rate71%
Median age37.6
Avg household size2.3
Unemployment rate11%
Population density2675 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households32%
Couple families with children27%
Median household income (2020)$74K

Housing

Renter households32%
Condominium dwellings7%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

around average
903 sqft
0255075100
Same streetBottom 40%Same areaBottom 39%CitywideBottom 17%
Same street · Regent Avenue W
#146 / 242
Bottom 40% · Avg 974 sqft
Same area · Victoria West
#618 / 1,021
Bottom 39% · Avg 976 sqft
Citywide · Winnipeg
#161,866 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
340k
0255075100
Same streetTop 10%Same areaTop 8%CitywideBottom 43%
Same street · Regent Avenue W
#24 / 242
Top 10% · Avg 271.9k
Same area · Victoria West
#77 / 1,021
Top 8% · Avg 281.8k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 31%Same areaTop 17%CitywideBottom 37%

Lot Size

around average
4,200 sqft
0255075100
Same streetTop 43%Same areaTop 47%CitywideBottom 29%

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

723 Regent Avenue W — 25 amenities found within 500 m, across 9 categories, including 6 dining (nearest 146 m), 1 education (nearest 165 m), 4 healthcare (nearest 162 m).

Search radius
🍽️Dining6
🏫Education1
🏥Healthcare4
🛒Shopping2
🌳Parks6
💪Sports1
🏦Finance2
Fuel Stations1
Worship2

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 8/2021CA$350k–400k
Sold price

Same street

Top 5%

Same area

Top 6%

City-wide

Top 46%
Sold 9/2020CA$200k–250k
Sold price

Same street

Bottom 46%

Same area

Bottom 31%

City-wide

Bottom 15%
Sold 6/2016CA$200k–250k
Sold price

Same street

Bottom 40%

Same area

Bottom 28%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 723 Regent Avenue W, Winnipeg

Property Summary: 723 Regent Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This 903 sqft home, built in 1957 on a 4,200 sqft lot, presents a compelling proposition in Victoria West. Its primary appeal lies in its strong positioning within its immediate community. The assessed value of $340k is notably above average for both Regent Avenue W (top 10%) and the wider Victoria West neighborhood (top 8%), suggesting it is a well-regarded property on its street. While the living space is typical for the area, it sits comfortably within the established character of the neighborhood.

This property would suit a buyer who values community standing over sheer size. It’s for someone looking for a move-in-ready home in a mature area, where the investment is validated by strong local comparables rather than city-wide square footage metrics. A thoughtful perspective is that this home offers a "goldilocks" lot: it's larger than many on its street, providing good outdoor space, but without the extensive maintenance of a much larger city lot. It represents a pragmatic choice for buyers who want a solid, established home in a specific sought-after pocket of Winnipeg, rather than chasing maximum square footage.

Section 2: Frequently Asked Questions

Q: How does this home’s size compare to others in Winnipeg?
A: At 903 sqft, the living area is below the Winnipeg city-wide average for comparable homes (1,342 sqft). However, it is very much in line with the averages for its specific street (974 sqft) and Victoria West neighborhood (976 sqft).

Q: Why is the assessed value higher than the neighborhood average?
A: The assessed value of $340k ranks in the top 10% on its street and top 8% in Victoria West. This indicates that assessors view this specific property as above average in its immediate context, likely due to factors like condition, updates, or its specific lot and location on the block.

Q: Is the lot size a pro or a con?
A: It depends on your priorities. The 4,200 sqft lot is slightly above average for the street and typical for Victoria West, offering good usable space. Compared to the much larger city-wide average, it is smaller, which can mean less yard maintenance—a plus for some buyers.

Q: What does the year built (1957) tell me?
A: Built in 1957, this home is newer than many in Victoria West (where the neighborhood average is 1945). This could imply updated infrastructure or building materials compared to older homes in the area, while still offering classic, mature neighborhood charm.

Q: Are the rankings for living area and value contradictory?
A: Not necessarily. They highlight a key feature of this property: it offers the typical living space of the area but commands a higher perceived value. This often points to quality, condition, and desirability within the micro-market of its street, rather than just size.

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