101 Geraldine Drive

Varsity View, Winnipeg

Property score

86.4

Excellent

Overall 86.4 · Larger and newer than most nearby homes

2,329 sqft (top 5%) · Built in 2015 (40 yrs newer than avg)

Located in a high-income area with median household income of ~92k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 2 parks nearby

Living Area

Above average

68% larger than neighborhood avg.

Year Built

Above average

40 yrs newer than neighborhood avg.

Mother tongue

English · 77%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

86.4 is composed by the two sections below.

Property Score

91.7Excellent
Living Area96
2,329 sqftExcellent
Year Built94
2015Excellent
Lot Size88
7,239 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income81
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (Detached houses (non-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: #46111103

Community deep dive

$92K

Median household income

$131K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)659
Labour force participation rate62%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density2353 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households32%
Condominium dwellings16%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority10%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

Elite
2,329 sqft
0255075100
Same streetTop 11%Same areaTop 5%CitywideTop 5%
Same street · Geraldine Drive
#1 / 9
Top 11% · Avg 2,027 sqft
Same area · Varsity View
#40 / 848
Top 5% · Avg 1,387 sqft
Citywide · Winnipeg
#8,809 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
743k
0255075100
Same streetTop 11%Same areaTop 4%CitywideTop 3%
Same street · Geraldine Drive
#1 / 9
Top 11% · Avg 698.3k
Same area · Varsity View
#30 / 848
Top 4% · Avg 444.7k
Citywide · Winnipeg
#5,866 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2015
0255075100
Same streetTop 44%Same areaTop 3%CitywideTop 7%

Lot Size

above average
7,239 sqft
0255075100
Same streetTop 11%Same areaTop 47%CitywideTop 15%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

101 Geraldine Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 451 m), 1 education (nearest 309 m), 2 parks (nearest 305 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

Sold 7/2024CA$850k–900k
Sold price

Same street

Top 33%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 101 Geraldine Drive, Winnipeg

Property Overview

This home at 101 Geraldine Drive stands out for its above-average scale and modern construction within a well-established neighborhood. With 2,329 sqft of living space, it ranks in the top 5% of homes in both the Varsity View community and the entire city of Winnipeg, offering significantly more room than typical local and city-wide comparisons. Built in 2015, it is a notably newer property in an area where the average home is decades older. Its municipal tax assessment of $743,000 further underscores its premium positioning, ranking within the top 3-4% of homes across the city. The lot size of 7,239 sqft is generous for the street and the city overall, though it is closer to the average within the specific community.

The appeal lies in acquiring a spacious, modern home without sacrificing the mature setting of a sought-after neighborhood like Varsity View. It suits buyers who prioritize move-in-ready, contemporary living spaces and ample square footage, but who also value the character and stability of an older, established area. It’s an ideal match for growing families or professionals seeking a home that requires minimal immediate updates while offering room to grow. A thoughtful perspective is that this property offers a "best of both worlds" scenario: the low-maintenance benefits and modern layouts of a newer build, combined with the settled landscapes and community vibe of a classic Winnipeg neighborhood.


Frequently Asked Questions

Q: How does the 2015 build year compare to the rest of the street and area?
A: On Geraldine Drive, it's right in line with the street average (2016). However, within the broader Varsity View community, where the average home was built around 1975, this property is exceptionally modern, ranking in the top 3%.

Q: The tax assessment seems high. What does this indicate?
A: The $743,000 assessment is well above averages at every level—street, community, and city. This typically reflects the property's combined value factors: its newer construction, large living area, and desirable location. It's a strong indicator of the home's premium market position.

Q: Is the lot size typical for the neighborhood?
A: The lot is larger than average for both the street and the entire city. Within Varsity View specifically, it is slightly below the community average lot size, placing it near the middle of the pack locally. This suggests the home's value is driven more by the structure's size and newness than by an exceptionally large yard.

Q: What do the ranking percentiles (e.g., top 5%) actually mean?
A: These percentiles show how this property compares to similar homes in a given area. For example, ranking in the top 5% for living space in Winnipeg means approximately 95% of comparable city homes have less square footage. It's a direct measure of how it stands out from the crowd.

Q: Who would this home be most suitable for?
A: It's ideally suited for buyers looking for a turnkey, spacious family home in a mature neighborhood. It particularly appeals to those who want modern amenities and layout without the wait and uncertainty of a new build in a developing subdivision, and who are comfortable with a property tax assessment that reflects its premium features.