Property score
57.7
Fair
Overall 57.7 · Newer than most nearby homes
944 sqft (top 48%) · 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
Near average
3% 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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57.7 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
743 Ravelston Avenue W — 27 amenities found within 500 m, across 9 categories, including 8 dining (nearest 140 m), 2 education (nearest 100 m), 4 healthcare (nearest 231 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 17% | Top 2% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Top 47% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 743 Ravelston Avenue W, Winnipeg
Section 1: Overview & Appeal
This 944 sqft home, built in 1956 on a 4,300 sqft lot, presents a compelling opportunity in the Victoria West neighborhood. Its primary appeal lies in its strong positional value within a desirable local context. While the living space is modest by city-wide standards, the property stands out for its above-average assessed value relative to its immediate area, ranking in the top 7% of the Victoria West neighborhood. This suggests it is perceived as a premium property on its street and in its community, likely due to factors like condition, updates, or specific location.
The home suits practical buyers looking for a well-regarded address without an oversized footprint. It’s ideal for first-time buyers, downsizers, or investors seeking a property that has already demonstrated value growth within its core market. A thoughtful perspective is that this home offers a “sweet spot” – it carries the prestige of a top-tier valuation in Victoria West but without the higher maintenance or utility costs that often come with a much larger city-average home. It’s a efficient, grounded investment in a established area.
Section 2: Frequently Asked Questions
1. Is the living area smaller than average?
Yes, at 944 sqft, it is below the Winnipeg city average. However, it is much closer to the average for both Ravelston Avenue W and the Victoria West neighborhood, meaning it is a typical size for this specific, sought-after area.
2. Why is the assessed value so high for the neighborhood?
Ranking in the top 7% in Victoria West indicates the municipal assessment reflects attributes that add value beyond the base specs. This could be due to significant renovations, premium finishes, a superior layout, or an exceptional lot placement within the area.
3. What does the year built (1956) mean for maintenance?
Built in 1956, the home is slightly newer than the Victoria West average. Buyers should still budget for updates common to mid-century houses, such as aging plumbing or electrical systems, but it may have undergone fewer decades of wear than some neighboring properties.
4. How does the lot size compare?
The lot is slightly smaller than the street average but very close to the neighborhood average. It offers a manageable outdoor space typical for the community, which can mean lower landscaping upkeep while still providing room for a garden or patio.
5. Is this a good value compared to the whole city?
The data shows a contrast: you are purchasing a property that is highly valued in its local market (Victoria West) while acquiring a physically smaller home than the Winnipeg average. The value proposition is centered on location and community prestige over sheer square footage.
