Property score
50.5
Fair
Overall 50.5 · Smaller but newer than most nearby homes
793 sqft (bottom 24%) · Built in 1956 (11 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 8 dining spots, 2 schools, 4 healthcare facilitys, and 2 shops nearby
Living Area
Below average
19% smaller 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
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50.5 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
735 Ravelston Avenue W — 27 amenities found within 500 m, across 9 categories, including 8 dining (nearest 180 m), 2 education (nearest 107 m), 4 healthcare (nearest 257 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 | Bottom 25% | Bottom 31% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 735 Ravelston Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 1956-built home in Victoria West presents a practical and value-conscious opportunity. With 793 sqft of living space on a 4,300 sqft lot, its key characteristic is its efficiency and manageability. The appeal lies in its strong positional value: it sits in a well-established neighborhood where the home's assessed value of $266k is notably below the Winnipeg city average, offering a more accessible entry point into the market.
The property would suit first-time buyers seeking a lower-maintenance footprint or investors looking for a pragmatic rental asset in a stable area. A thoughtful perspective is that while the living space is compact compared to local averages, this translates to lower utility costs and less upkeep—freeing up budget for personalization or savings. Its "around average" rankings for value and lot size within its immediate neighborhood suggest it is a typical, well-priced example of the area, rather than an outlier. This is a home for those who prioritize location and financial efficiency over sheer square footage.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 793 sqft, the home is below the average for the street, neighborhood, and city. It requires efficient use of space and would best suit individuals, couples, or small families comfortable with a cozy layout.
2. How does the assessed value impact property taxes?
With an assessed value significantly below the Winnipeg city average, this property likely benefits from a relatively lower municipal tax burden compared to many homes across the city, which is a key financial consideration.
3. What does the 1956 build year mean for maintenance?
Built in 1956, the home is older than most in Victoria West but close to the average on its street. Buyers should budget for updates common to homes of this era, but its established construction can also be a mark of durability.
4. Is the lot size a good feature?
The 4,300 sqft lot is very close to the neighborhood average, providing a standard outdoor space for the area. It’s a manageable size for gardening or recreation without being overly burdensome to maintain.
5. How does this property rank in its immediate area?
On Ravelston Avenue W itself, the home ranks as "around average" for assessed value, lot size, and year built. Its most notable difference from its direct neighbors is its smaller living area, which is a primary factor in its pricing.
