Property score
56.7
Fair
Overall 56.7 · Smaller but newer than most nearby homes
908 sqft (bottom 17%) · Built in 1978 (4 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 schools, and 2 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 9%
Past 10 years Vista sales snapshot (~80% of all data)
166
402.9k
$420/sqft
1974
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56.7 is composed by the two sections below.
Property Score
Community Score
Vista
How to read: Share of sales in each ~$50k price band for “vista” (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: #46111006
$94K
Median household income
$100K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
21%
Single-person households
26%
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
231 Novavista Drive — 5 amenities found within 500 m, across 2 categories, including 3 education (nearest 296 m), 2 parks (nearest 436 m).
Vista · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -98%
vs. prior year
Primary type
Property
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 3% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 231 Novavista Drive
Key Characteristics & Appeal
This 908 sqft home, built in 1978 on a 2,499 sqft lot, presents a clear value-oriented opportunity in the Vista neighborhood of Winnipeg. Its primary appeal lies in its significantly below-average assessed value of $254k, which is well under the averages for its street, neighborhood, and the wider city. This creates a lower entry point into the market, offering potential for equity growth, especially for a first-time buyer or investor.
The home suits practical buyers who prioritize financial accessibility over size. It’s notably compact, with a living area below local averages, suggesting a efficient layout for individuals, couples, or those looking to downsize. A thoughtful perspective is that while the lot is smaller than most in the area, it requires less maintenance—a plus for those seeking a simpler yard upkeep. Interestingly, the home's build year is newer than many in its immediate neighborhood, which can be a positive for certain building materials and systems compared to older area stock.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages?
The assessed value is based on municipal evaluation, which considers factors like property size, age, and characteristics. This home’s smaller living area and lot size directly contribute to its lower valuation compared to larger, potentially renovated homes in the comparison groups.
2. What does the ranking data (e.g., "Top 83%") actually mean?
A "Top 83%" rank means the property falls within the bottom 17% of that category for the comparison group. For example, its lot size is ranked #183 out of 220 on its street (Top 83%), indicating lots are typically larger on this street.
3. Is a smaller lot a major disadvantage?
It depends on your lifestyle. While it offers less private outdoor space, a smaller lot typically means less time and money spent on landscaping and yard maintenance, which can be a desirable trade-off.
4. The home is older than the street average but newer than the neighborhood average. What does this indicate?
This suggests the immediate street may have seen development or redevelopment slightly later than other parts of the Vista neighborhood. It places this home as a relatively average-age property on its block but a comparatively newer one within the broader community context.
5. Who would this property be most suitable for?
It is best suited for first-time homebuyers, investors looking for a rental property, or downsizers seeking an affordable, low-maintenance footprint. Its value proposition is strongest for those whose budget is the primary driver and who are comfortable with a cozy living space.
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