Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Princeton Boulevard): Below Average. Ranked #26 out of 30 (Bottom 13%). The street average for comparable homes is 890 sqft.
Neighborhood Level (Varsity View): Below Average. Ranked #72 out of 76 (Bottom 5%). The neighborhood average for comparable homes is 936 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #22,390 out of 26,841 (Bottom 17%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Princeton Boulevard): Below Average. Ranked #27 out of 30 (Bottom 10%). The street average for comparable homes is 156.4k.
Neighborhood Level (Varsity View): Below Average. Ranked #73 out of 76 (Bottom 4%). The neighborhood average for comparable homes is 197.8k.
Citywide Level (Winnipeg): Below Average. Ranked #25,280 out of 26,841 (Bottom 6%). The citywide average for comparable homes is 276.9k.
Street Level (Princeton Boulevard): Above Average. Ranked #1 out of 30 (Top 3%). The street average for comparable homes is 1977.
Neighborhood Level (Varsity View): Below Average. Ranked #47 out of 76 (Bottom 38%). The neighborhood average for comparable homes is 1978.
Citywide Level (Winnipeg): Below Average. Ranked #18,777 out of 26,841 (Bottom 30%). The citywide average for comparable homes is 1990.
Varsity View market pulse
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.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
209-225 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).
Crime & safety
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Related homes
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Address · Year Built · Living Area
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Is this home right for you?
Property Summary: 209-225 Princeton Boulevard, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, well-priced home in the established Varsity View neighborhood. Its primary appeal lies in offering an entry point into a desirable, centrally-located area where many other properties are significantly larger and more expensive. At 741 sqft and an assessed value of $134k, it ranks below average in size and value for its street, neighborhood, and city-wide, indicating it is one of the more accessible options in these contexts.
The home, built in 1977, is notably newer than most comparable homes on its specific block, offering a potential advantage in terms of building systems or style. This property would suit first-time buyers, investors, or downsizers seeking a lower-maintenance footprint without sacrificing location. It represents a practical opportunity for those who prioritize neighborhood over square footage, and who see potential in a smaller home that can be updated over time. A thoughtful perspective is that its below-average metrics are precisely what make it available; it allows for equity growth in a strong location without the initial premium of a larger, renovated home.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 741 sqft, the living area is smaller than most comparable homes on the street, in Varsity View, and across Winnipeg. This makes it a cozy, efficient space but may require creative storage solutions.
2. Why is the assessed value so much lower than the averages shown?
The assessed value of $134k reflects the home’s smaller size and likely its condition relative to others. It is positioned as a value option in a neighborhood where the average home value is considerably higher, offering a chance to enter the area at a lower price point.
3. What does the "Elite" ranking for Year Built mean?
Built in 1977, this home is newer than all directly comparable homes on Princeton Boulevard. This suggests it may have been built later than its immediate neighbors, potentially benefiting from slightly more modern construction standards for its era.
4. Who would this property not suit?
It may not suit buyers who need multiple bedrooms, dedicated home office space, or ample room for a growing family. Those seeking a move-in-ready, modernized home or who prioritize spaciousness over location may find it too compact.
5. Are there opportunities here beyond the basic numbers?
Yes. The lower assessed value can mean more manageable property taxes. The combination of a central location and a smaller footprint also aligns with a minimalist or low-maintenance lifestyle. For an investor, it could represent a stable rental property in a high-demand student and academic area due to its proximity to the University of Manitoba.