109 Geraldine Drive

Varsity View, ਵਿਨੀਪਿਗ

Property score

86.4

Excellent

Overall 86.4 · Larger and newer than most nearby homes

2,314 sqft (top 5%) · Built in 2017 (42 yrs newer than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

67% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

42 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

91.8Excellent
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ96
2,314 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ97
2017Excellent
ਜ਼ਮੀਨ85
6,651 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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
2,314 sqft
0255075100
Same streetਟਾਪ 22%Same areaਟਾਪ 5%Citywideਟਾਪ 5%
Same street · Geraldine Drive
#2 / 9
ਟਾਪ 22% · ਔਸਤ 2,027 sqft
Same area · Varsity View
#41 / 848
ਟਾਪ 5% · ਔਸਤ 1,387 sqft
Citywide · ਵਿਨੀਪਿਗ
#9,210 / 194,458
ਟਾਪ 5% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
712k
0255075100
Same streetਟਾਪ 44%Same areaਟਾਪ 5%Citywideਟਾਪ 4%
Same street · Geraldine Drive
#4 / 9
ਟਾਪ 44% · ਔਸਤ 698.3k
Same area · Varsity View
#41 / 848
ਟਾਪ 5% · ਔਸਤ 444.7k
Citywide · ਵਿਨੀਪਿਗ
#6,997 / 194,458
ਟਾਪ 4% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2017
0255075100
Same streetਟਾਪ 22%Same areaਟਾਪ 2%Citywideਟਾਪ 5%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,651 sqft
0255075100
Same streetਟਾਪ 33%Same areaਹੇਠਲੇ 43%Citywideਟਾਪ 20%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

109 Geraldine Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 453 m), 1 education (nearest 311 m), 2 parks (nearest 291 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

2/2022 ਵਿਚ ਵਿਕਿਆCA$700k–750k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 33%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 2%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 3%

Related homes

ਵਿਨੀਪਿਗ 109 Geraldine Drive — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 109 Geraldine Drive

Key Characteristics & Appeal

This property stands out primarily for its generous scale and modern construction within a well-established community. The home offers 2,314 sqft of living space, which ranks in the top 5% for both the Varsity View neighborhood and the entire city of Winnipeg, providing substantial room for comfortable living. Built in 2017, it is a notably newer home in a community where the average build year is 1975, suggesting modern building standards, systems, and less immediate need for major updates.

Its appeal lies in this combination of space, modernity, and location. While the lot size is typical for the street and slightly below the neighborhood average, the home itself is a significant asset. The property tax assessment value ranks in the top 5% for the area, reflecting its perceived value relative to surrounding properties. This home would best suit buyers looking for a move-in ready, spacious property without the quirks or renovation demands of an older character home. It’s ideal for professionals or families who prioritize modern interiors and ample indoor space over a sprawling yard, all within a mature community.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors on Geraldine Drive?
The home’s assessed value is close to the street average, but its living space is significantly above average for the street. This suggests you are paying for a premium in the size and newness of the home itself compared to others on the same block.

2. What does the 2017 build year mean for me as a buyer?
A 2017 construction date places this home well beyond the typical age of homes in Varsity View. This likely translates to newer major components (roof, HVAC, windows) under modern building codes, potentially offering energy efficiency and lower near-term maintenance costs compared to the neighborhood norm.

3. The lot size seems average. Does that limit outdoor potential?
The lot is consistent with others on the street but smaller than the broader neighborhood average. This means the property’s standout feature is the house itself. The yard is certainly functional but may not cater to those seeking extensive gardens or large outdoor recreation space.

4. Why is the tax assessment so high relative to the community average?
The assessment ranks in the top 5% for Varsity View, which is directly tied to the home’s modern build year and above-average square footage. Essentially, the municipal assessment recognizes the premium value of a large, new construction home in this area.

5. How should I interpret the different ranking percentages (street, community, city)?
These rankings show the property’s position relative to different comparison groups. For example, its living space is excellent city-wide (top 5%), but its lot size is more notable at the city level than within the specific neighborhood. This layered data helps identify where the property’s strengths are most pronounced.