Property score
51.4
Fair
Overall 51.4 · Smaller than most nearby homes
801 sqft (bottom 11%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Below average
1 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
45
151.3k
$181/sqft
1978
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51.4 is composed by the two sections below.
Property Score
Community Score
Varsity View
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.
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: #46110349
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
104-225 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).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 20% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
This 801 sqft home on Princeton Boulevard in Varsity View presents a clear value-oriented opportunity. Its key appeal lies in its position as one of the newer homes on its street, built in 1977, which may suggest updated building standards or components compared to immediate neighbors. However, its living area and assessed value are consistently below average for the street, neighborhood, and wider Winnipeg, indicating a more compact and modestly priced property in a well-established area.
This home would suit first-time buyers or investors seeking an entry point into a mature neighborhood like Varsity View without the premium price tag. It’s a practical choice for those who prioritize location and a sound structure over sheer space, and who see potential in a home that is priced below its surrounding averages. A thoughtful perspective is that its below-average metrics might offer a more manageable property tax burden and less maintenance than larger, higher-valued homes in the area, providing a different kind of financial efficiency.
Frequently Asked Questions
Q: The home is below average in size and value. Is this a concern?
A: Not necessarily. It reflects a more affordable entry point into the neighborhood. For the right buyer, this represents value and a chance to own in a established area where many homes are priced higher.
Q: What does it mean that the year built is "Elite" for the street?
A: Built in 1977, this home is the newest among its 30 direct street comparables. This could imply advantages like newer wiring, plumbing, or insulation standards compared to older neighbors, potentially reducing immediate upgrade needs.
Q: Are the below-average rankings a sign of poor condition?
A: The rankings are based on objective metrics (size, value, year), not condition. A home can be well-maintained but smaller and valued lower than its peers. A viewing and inspection are essential to determine actual condition.
Q: Who would this property not be suitable for?
A: It may not suit buyers looking for ample space or who plan for significant in-home entertaining. Those seeking a property that immediately aligns with or exceeds neighborhood averages for size and value might find it too compact.
Q: How should I interpret the city-wide assessed value comparison?
A: With an assessed value significantly below the Winnipeg average, this property sits in a more affordable tier city-wide. This can be attractive, but it’s wise to research why—whether it's due primarily to size, specific location, or other factors—to ensure it meets your expectations.
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