Property score
72.4
Good
Overall 72.4 · Compared with neighbourhood average
1,362 sqft (top 42%) · Built in 1974 (1 yr older than avg)
Located in a above-average income area with median household income of ~82k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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72.4 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” (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: #46111102
$82K
Median household income
$97K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
45%
Single-person households
13%
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
205 Alcrest Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 157 m), 1 healthcare (nearest 264 m), 1 shopping (nearest 332 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%
205 Alcrest Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 205 Alcrest Drive, Varsity View, Winnipeg
Key Characteristics, Appeal & Target Buyer
This is a well-established, single-storey home on a large, approximately 9,700 sqft lot in the sought-after Varsity View neighbourhood. Built in 1974, the 1,362 sqft residence features a finished basement and an attached garage. Its standout characteristic is its exceptional lot size, which ranks in the top 7% of all properties in Winnipeg, offering rare potential for expansion, gardening, or outdoor living within the city.
The home’s primary appeal lies in its location and land value. Varsity View is a mature, central community known for its proximity to the University of Manitoba, offering a blend of quiet, tree-lined streets and convenience. While the house itself presents a solid foundation, its true value may be unlocked by a buyer who sees potential in the generous lot—whether for immediate enjoyment or future investment. The property’s rankings suggest it outperforms most area homes in lot size and overall living space, but may benefit from updates, making it particularly suited for a practical buyer, a small family seeking space to grow, or an investor looking for a property with strong underlying land value in a stable neighbourhood.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for specific metrics. For example, being in the top 7% city-wide for lot size is a significant advantage, while the rankings for assessed value and building age suggest the home is a fairly typical offering for the area, indicating room for value growth through updates.
2. Is the basement included in the 1,362 sqft living area?
Typically, the listed "living area" (1,362 sqft) refers to above-grade, finished space. The presence of a finished basement adds additional usable square footage that is not reflected in that primary figure.
3. What are the implications of such a large lot?
Beyond ample yard space, a lot of this size (over 1/5 of an acre) in a central neighbourhood can provide long-term flexibility. It could accommodate additions like a large deck, workshop, or even a future secondary suite (subject to zoning and city approvals), which is a rare find.
4. How does the 1974 build year affect the home?
Homes from this era often have functional, straightforward layouts. Buyers should budget for potential updates to major systems like roofing, windows, or the furnace due to age, while also appreciating the character and established landscaping that comes with a mature property.
5. Who is the typical buyer in Varsity View?
The neighbourhood attracts a mix of university staff, students, families, and long-term residents drawn to its central location. This property, with its larger lot and single-storey layout, would likely appeal most to those seeking more outdoor space or a home with potential to customize over time.
