Property score
47.5
Below average
Overall 47.5 · Smaller than most nearby homes
741 sqft (bottom 5%) · 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
21% 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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47.5 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
109-225 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 8% | Bottom 4% | Bottom 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 2% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Summary
Key Characteristics & Appeal
This 741 sqft home, built in 1977, presents a distinct value-oriented profile in the Varsity View neighborhood. Its primary appeal lies in its below-average price point, with an assessed value significantly lower than area and citywide averages. This creates a notable entry opportunity into a well-established neighborhood. The home is one of the newer builds on its specific stretch of Princeton Boulevard, which is a less obvious advantage suggesting potentially fewer age-related issues than immediate neighbors.
The property would suit first-time buyers or investors seeking an affordable foothold in a central Winnipeg neighborhood. It’s also a practical option for downsizers or those prioritizing location and lot value over interior square footage, as the living area is compact compared to typical homes in the area. The data suggests you are paying primarily for land and location here, with the home itself offering functional, no-frills space.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the assessed value rankings, this property is priced well below its surrounding market at the neighborhood and city level, indicating a lower financial barrier to entry for the area.
2. The house seems small. Is that a concern?
The living area is below average for the street, neighborhood, and city. This suits minimalist living or those comfortable with efficient use of space, but buyers needing room to grow should consider the costs and feasibility of an expansion.
3. What does it mean that it's a newer build on the street?
Built in 1977, this home is among the newest on its block. This can be a subtle advantage, potentially meaning updated construction standards for its era and younger core systems (like plumbing or electrical) compared to older neighbors.
4. Why is the assessed value so much lower than the area average?
The lower assessment likely reflects the home's smaller size and potentially its original condition or specific features. It's a key factor in the property's affordability but also suggests the valuation—and therefore property taxes—are based on this modest profile.
5. Are there any red flags in the data?
The rankings consistently show the home is below average in size and value metrics for its broader area. This isn't inherently a red flag but a clear characteristic: it is a more compact, value-priced option in a neighborhood of larger, higher-value homes. Due diligence should focus on the condition and layout of the space itself.
