206 Alcrest Drive

Varsity View, Winnipeg

Property score

69.9

Good

Overall 69.9 · Newer than most nearby homes

1,131 sqft (bottom 35%) · Built in 1992 (17 yrs newer 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

Below average

18% smaller than neighborhood avg.

Year Built

Above average

17 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

69.9 is composed by the two sections below.

Property Score

66.4Good
Living Area60
1,131 sqftFair
Year Built81
1992Excellent
Lot Size81
6,003 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

75.2Good
Household Income77
Good
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

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: #46111102

Community deep dive

$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

Population, labour & age

Population (2021)361
Labour force participation rate71%
Median age48.8
Avg household size1.9
Unemployment rate7%
Population density820 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households45%
Couple families with children13%
Median household income (2020)$82K

Housing

Renter households13%
Condominium dwellings47%
Median dwelling value (owners)$284K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority9%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,131 sqft
0255075100
Same streetBottom 31%Same areaBottom 35%CitywideBottom 43%
Same street · Alcrest Drive
#22 / 32
Bottom 31% · Avg 1,354 sqft
Same area · Varsity View
#549 / 848
Bottom 35% · Avg 1,387 sqft
Citywide · Winnipeg
#110,855 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetBottom 44%Same areaTop 45%CitywideTop 33%
Same street · Alcrest Drive
#18 / 32
Bottom 44% · Avg 449.9k
Same area · Varsity View
#382 / 848
Top 45% · Avg 444.7k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetTop 19%Same areaTop 22%CitywideTop 21%

Lot Size

around average
6,003 sqft
0255075100
Same streetBottom 1%Same areaBottom 28%CitywideTop 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

206 Alcrest Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 164 m), 1 healthcare (nearest 314 m), 1 shopping (nearest 385 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship1

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%

Sales History

206 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.

Related homes

Highlights & common questions: 206 Alcrest Drive, Winnipeg

Property Summary: 206 Alcrest Drive, Varsity View, Winnipeg

Key Characteristics & Appeal

This 1992-built bi-level home sits on a generous 6,003 sqft lot in the established Varsity View neighbourhood. With 1,131 sqft of living space, a finished basement, and an attached garage, it offers practical, single-family living. Its appeal lies in its balance of space, location, and value. The property ranks notably well for its lot size and newer age compared to most of Winnipeg, suggesting a desirable, well-situated parcel of land in a mature area. The home itself presents a solid, move-in-ready canvas.

It would particularly suit first-time buyers or downsizers seeking a manageable home with basement flexibility, and value-conscious buyers who prioritize a large lot and established community over a brand-new build. A thoughtful perspective is that while the interior space is average for the area, the above-average lot size offers valuable outdoor potential and a relative rarity that could be a long-term asset.

Frequently Asked Questions

1. How does this home compare to others in the area?
The data shows a mix: it's on a larger and newer lot than most in Winnipeg, but the house itself is average in size for its immediate street and neighbourhood. This indicates you're investing significantly in the land and location.

2. What is a bi-level layout, and what are its pros/cons?
A bi-level features two short sets of stairs upon entry, leading to the main living areas on one level and sleeping areas on another. Pros include defined separation of spaces and often generous basement ceilings. A con can be the frequent use of stairs for daily living.

3. Is the finished basement included in the listed living area?
Typically, no. The listed 1,131 sqft is usually the above-ground living space. The finished basement provides additional, flexible square footage that adds to the home's functional capacity.

4. What does the assessment value mean for the listing price?
The municipal assessment of $422,000 is for tax purposes and reflects a mass-appraisal model. The listing price is set by the seller and the market; it can be higher, lower, or similar to the assessment.

5. What is the neighbourhood character of Varsity View?
As an established area near the University of Manitoba, it typically offers a quiet, residential feel with a mix of long-term residents and academic affiliates, benefiting from mature trees and proven community infrastructure.