101-225 Princeton Boulevard

Built 1977Living Area 741 sqft
Sale History
SOLDin Feb 2023
130K±5,0003yr +0%
Tax Assessment
147k(prev. 131k)
+16k(+12.2%)
DateSold PriceNeighbourhood
2023-02Sold130K±5,0004/4
2020-10Sold130K±5,0004/5
2017-01Sold140K±5,0004/5
2014-10Sold120K±5,0008/8

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Below average741 sqft · top 95% in area · built 1977 · 1 yrs older than avg
$
High-income areaMedian household income ~$77K · top tier income demographics
3-min walk to transit2 nearby routes · score 74/100
Score

Property score

Overall score
47.5Low
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
36.5
Low
Living area
22
Year built
67
Sales activity
42
Community Score
63.9
Fair
Income
75
Education
34
Housing
52
Core need
76
Employment
68
Rankings

How it stacks up

Each metric compared against 30 homes on Princeton Boulevard, 76 in Varsity View, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
741 sqft
BELOW AVERAGE
StreetBottom 13%AreaBottom 5%CityBottom 17%
Bottom 13%
#26 / 30
Same area
Bottom 5%
#72 / 76
Citywide
Winnipeg
Bottom 17%
#22,390 / 26,841
Tax-Assessed Value
147 k
BELOW AVERAGE
StreetBottom 27%AreaBottom 11%CityBottom 9%
Bottom 27%
#22 / 30
Same area
Bottom 11%
#68 / 76
Citywide
Winnipeg
Bottom 9%
#24,398 / 26,841
Year Built
1977
BELOW AVERAGE
StreetTop 3%AreaBottom 38%CityBottom 30%
Top 3%
#1 / 30
Same area
Bottom 38%
#47 / 76
Citywide
Winnipeg
Bottom 30%
#18,777 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
101-225 Princeton Boulevard: Living Area Analysis

Street Level (Princeton Boulevard): Below Average. Ranked #26 out of 30 (Bottom 13%). The street average for comparable homes is 890 sqft.

Neighborhood Level (Varsity View): Below Average. Ranked #72 out of 76 (Bottom 5%). The neighborhood average for comparable homes is 936 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #22,390 out of 26,841 (Bottom 17%). The citywide average for comparable homes is 1,042 sqft.

101-225 Princeton Boulevard: Tax-Assessed Value Analysis

Street Level (Princeton Boulevard): Below Average. Ranked #22 out of 30 (Bottom 27%). The street average for comparable homes is 156.4k.

Neighborhood Level (Varsity View): Below Average. Ranked #68 out of 76 (Bottom 11%). The neighborhood average for comparable homes is 197.8k.

Citywide Level (Winnipeg): Below Average. Ranked #24,398 out of 26,841 (Bottom 9%). The citywide average for comparable homes is 276.9k.

101-225 Princeton Boulevard: Year Built Analysis

Street Level (Princeton Boulevard): Above Average. Ranked #1 out of 30 (Top 3%). The street average for comparable homes is 1977.

Neighborhood Level (Varsity View): Below Average. Ranked #47 out of 76 (Bottom 38%). The neighborhood average for comparable homes is 1978.

Citywide Level (Winnipeg): Below Average. Ranked #18,777 out of 26,841 (Bottom 30%). The citywide average for comparable homes is 1990.

Market

Varsity View market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
45
last 14 years
Median price
151.3k
14-year area median
Price per sqft
$181/sqft
area average
Avg build year
1978
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “varsity view” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110349 · Statistics Canada 2021 Census · Population 426
426
Population (2021)
38.8
Median age
2.0
Avg household size
2,662 / km²
Population density
Distribution by household income band
20k-25k
2%
25k-30k
5%
30k-35k
5%
35k-40k
5%
40k-45k
7%
45k-50k
5%
50k-60k
7%
60k-70k
7%
70k-80k
12%
80k-90k
7%
90k-100k
7%
100k-125k
14%
125k-150k
7%
150k-200k
7%
200k plus
2%
$77K
Median household income
$79K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
41%
Single-person households
19%
Families with children
69%
Labour participation
9%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

101-225 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 209 m), 1 healthcare (nearest 173 m), 1 shopping (nearest 224 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship1

Crime & safety

Varsity View · WPS public data
Full crime data →
Annual incidents
6
2026
vs. city average
-80%
▲ relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 101-225 Princeton Boulevard. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Summary

Key Characteristics & Appeal

This 741 sqft home at 101-225 Princeton Boulevard in Varsity View is defined by its exceptional value proposition within its immediate context. Its key characteristic is being the most recently built home on its street (1977), ranking in the top 3% locally for year built. However, its living area is notably compact, ranking below the averages for the street, neighborhood, and city. This creates a clear profile: a modern structure for the area in a smaller, efficient footprint.

The primary appeal lies in its accessibility. With an assessed value significantly below area and city averages ($131k vs. $174.9k in Varsity View), it represents a lower barrier to entry into a well-established neighborhood. It perfectly suits first-time buyers, downsizers, or investors seeking a manageable, newer-vintage property without a large footprint or high price tag. Its smaller size may also appeal to those seeking a low-maintenance lifestyle or a strategic foothold in the area, prioritizing location and building age over interior space.

Frequently Asked Questions

Q: Is the smaller living area a major drawback?
A: It depends on your needs. The space is efficient, not expansive. It's a compromise that directly enables the attractive price and newer build year. It's ideal for individuals, couples, or those who prioritize location and simplicity over square footage.

Q: Why is the assessed value so much lower than the neighborhood average?
A: The assessed value reflects the property's specific characteristics, primarily its smaller size. It's not an indication of condition or location quality, but rather a valuation based on its compact footprint compared to larger homes in Varsity View.

Q: As the newest home on the street, does that mean it's in better condition?
A: Generally, a newer build year suggests potentially fewer major aging component issues (like roofing or foundation) compared to older neighbors. However, a professional inspection is always essential to verify the actual condition of all systems.

Q: Who might this property NOT suit?
A: It would likely be too small for families needing multiple bedrooms or dedicated living spaces, or for buyers whose priority is ample room for entertaining or working from home with separate offices.

Q: What's the biggest advantage of this property?
A: The combination. You are acquiring one of the most recently built houses on the block for a price that sits at the very bottom of the local market. It's a trade-off that offers modern infrastructure at an accessible cost.