Property score
85.7
Excellent
Overall 85.7 · Larger and newer than most nearby homes
2,004 sqft (top 12%) · Built in 2017 (42 yrs newer than avg)
Located in a high-income area with median household income of ~92k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby
Living Area
Above average
45% larger than neighborhood avg.
Year Built
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)
281
492k
$398/sqft
1975
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85.7 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” (Detached houses (non-condo), 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: #46111103
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
120 Geraldine Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 413 m), 1 education (nearest 272 m), 1 healthcare (nearest 493 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 1% | Top 5% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on Geraldine Drive in Varsity View presents a compelling blend of modern convenience and established neighbourhood character. Built in 2017, it offers the benefits of a newer build with less maintenance and contemporary layouts, yet is situated on a mature, spacious lot over 6,500 sqft. The home features a renovated basement and an attached garage. Its key appeal lies in its relative newness within a well-regarded, older neighbourhood—it ranks among the top 1% of homes in Varsity View by year built. This creates a unique position: you get a modern, 2,000+ sqft living space without sacrificing the tree-lined streets and central location. The property would suit buyers looking for a move-in ready, low-maintenance home who value the charm and stability of an established area like Varsity View, but prefer the floor plans and systems of a newer construction. A thoughtful perspective is that this home offers a hedge against the significant renovation costs often hidden in the area's charming but older properties, while still providing the large lot size that is harder to find in newer subdivisions.
Potential Buyer FAQs
1. How does the sold price from 2023 compare to the current assessed value?
The home sold for $64,600 in September 2023, which is significantly below its current assessed value of $670,000. It is important to consult with your real estate agent to understand the context of that prior sale, as it may have been a non-arms-length transaction between related parties and does not reflect the current market value.
2. Is the lot size typical for the area?
At 6,511 sqft, the lot is above average for the street (ranking in the top 44%) and provides substantial outdoor space, which is a valuable asset in this central neighbourhood where lot sizes can vary greatly.
3. As a newer home in an older neighbourhood, are there any considerations?
While the home itself is modern, the surrounding infrastructure and mature trees are characteristic of an established area. This can be a great benefit, but it's wise to consider standard due diligence for any property, such as the condition of nearby public sidewalks and the health of large trees adjacent to the lot.
4. How does the living space compare to nearby homes?
With 2,004 sqft, this home offers more living area than 89% of properties in Varsity View. It provides spacious, modern interiors that are larger than many of the neighbourhood's original bungalows and split-levels, which is a key differentiator.
5. What is the immediate neighbourhood like?
Based on the nearby addresses listed, the immediate surroundings consist of a mix of homes from various eras on quiet, residential streets. The proximity to other properties on Geraldine Drive and Laxdal Road suggests a stable, established streetscape.
