739 Ravelston Avenue W

Victoria West, Winnipeg

Property score

50.5

Fair

Overall 50.5 · Smaller but newer than most nearby homes

769 sqft (bottom 19%) · Built in 1956 (11 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 100.0 · 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

21% smaller than neighborhood avg.

Taon ng Paggawa

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)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

50.5 is composed by the two sections below.

Property Score

33.1Low
Living Area22
769 sqftLow
Taon ng Paggawa43
1956Low
Lupa53
4,300 sqftFair
Neighbourhood Sales Activity67
Good

Community Score

76.6Good
Household Income82
Excellent
Education Level44
Low
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Istatistika ng benta ng komunidad

Victoria West

How to read: Share of sales in each ~$50k price band for “victoria west” (Detached na bahay (hindi 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: #46110825

Community deep dive

$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

Population, labour & age

Population (2021)442
Labour force participation rate66%
Median age40.0
Avg household size2.5
Unemployment rate7%
Population density2762 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households25%
Couple families with children30%
Median household income (2020)$94K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority12%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 4%

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

Mga ranggo

Living Area

mas mababa sa average
769 sqft
0255075100
Same streetBottom 12%Same areaBottom 19%CitywideBottom 7%
Same street · Ravelston Avenue W
#207 / 236
Bottom 12% · Avg 1,066 sqft
Same area · Victoria West
#826 / 1,021
Bottom 19% · Avg 976 sqft
Citywide · Winnipeg
#180,102 / 194,458
Bottom 7% · Avg 1,342 sqft

Assessed Value

lampas sa average
303k
0255075100
Same streetTop 42%Same areaTop 30%CitywideBottom 30%
Same street · Ravelston Avenue W
#99 / 236
Top 42% · Avg 310.9k
Same area · Victoria West
#308 / 1,021
Top 30% · Avg 281.8k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1956
0255075100
Same streetTop 34%Same areaTop 22%CitywideBottom 36%

Lupa

karaniwan
4,300 sqft
0255075100
Same streetTop 35%Same areaTop 43%CitywideBottom 31%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

739 Ravelston Avenue W — 27 amenities found within 500 m, across 9 categories, including 8 dining (nearest 167 m), 2 education (nearest 103 m), 4 healthcare (nearest 248 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare4
🛒Shopping2
🌳Parks7
💪Sports1
🏦Finance1
Fuel Stations1
Worship1

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%

Kasaysayan ng Benta

Naibenta 6/2022CA$300k–350k
Presyo ng benta

Parehong kalye

Top 23%

Parehong lugar

Top 10%

Buong lungsod

Bottom 48%
Naibenta 10/2021CA$200k–250k
Presyo ng benta

Parehong kalye

Bottom 36%

Parehong lugar

Bottom 39%

Buong lungsod

Bottom 18%

Related homes

Mga tampok at karaniwang tanong: 739 Ravelston Avenue W, Winnipeg

Property Overview

This 769 sqft home at 739 Ravelston Avenue W in Victoria West presents a specific and compelling value proposition. Built in 1956, it sits on a 4,300 sqft lot. Its key characteristic is its efficient size: the living space is notably below the average for its street, neighborhood, and the wider Winnipeg market. However, its municipal tax assessment value is solidly above the neighborhood average and close to the street average, suggesting the value is anchored more in its location and lot than in its square footage.

The appeal lies in its position as a manageable entry point into a desirable neighborhood. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with classic neighborhood character. It’s for those prioritizing location and lot potential over immediate living space, offering a canvas for renovation or expansion. A thoughtful perspective is that its "below average" size translates to lower utility costs and less upkeep, while its "above average" assessment for Victoria West indicates the underlying land value and stability the area provides.

Frequently Asked Questions

1. Is the house too small?
At 769 sqft, it is compact and below the average size for the area. It is best suited for individuals, couples, or small families comfortable with efficient living spaces. The floor plan layout will be a key factor in determining livability.

2. What does the tax assessment ranking mean?
The assessment is above the Victoria West neighborhood average and close to the street average. This generally indicates that the city's valuation—which influences property taxes—recognizes the value of the location and property relative to the area, even though the house itself is not large.

3. How does the 1956 build year affect the property?
The home is older than most in Victoria West but typical for its specific street. Buyers should budget for a thorough inspection, as updates to major systems (roof, wiring, plumbing, insulation) may be needed or could represent a recent investment by the seller.

4. Is the lot size a good feature?
At 4,300 sqft, the lot is very close to the neighborhood average and provides a good outdoor space for a home of this size. It offers potential for gardening, expansion, or adding outdoor living areas.

5. Who would this property not suit?
It may not suit buyers who need significant move-in-ready space, have a large family, or are unwilling to consider future renovations to update an older home or potentially increase its footprint.