213 Alcrest Drive

Varsity View, Winnipeg

Property score

75.3

Good

Overall 75.3 · Larger but older than most nearby homes

1,687 sqft (top 25%) · Built in 1964 (11 yrs older than avg)

Located in a above-average income area with median household income of ~82k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Below average

11 yrs older 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

75.3 is composed by the two sections below.

Property Score

75.3Good
Living Area83
1,687 sqftExcellent
Year Built46
1964Low
Lot Size95
9,068 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

above average
1,687 sqft
0255075100
Same streetTop 22%Same areaTop 25%CitywideTop 21%
Same street · Alcrest Drive
#7 / 32
Top 22% · Avg 1,354 sqft
Same area · Varsity View
#209 / 848
Top 25% · Avg 1,387 sqft
Citywide · Winnipeg
#41,737 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
399k
0255075100
Same streetBottom 28%Same areaBottom 48%CitywideTop 39%
Same street · Alcrest Drive
#23 / 32
Bottom 28% · Avg 449.9k
Same area · Varsity View
#441 / 848
Bottom 48% · Avg 444.7k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 31%Same areaBottom 30%CitywideBottom 46%

Lot Size

above average
9,068 sqft
0255075100
Same streetBottom 37%Same areaTop 21%CitywideTop 8%

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

213 Alcrest Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 191 m), 1 healthcare (nearest 286 m), 1 shopping (nearest 350 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

Sold 10/2024CA$400k–450k
Sold price

Same street

Bottom 43%

Same area

Top 41%

City-wide

Top 33%

Related homes

Highlights & common questions: 213 Alcrest Drive, Winnipeg

Property Overview

This well-established Varsity View home presents a classic two-storey layout on a generous, mature lot. Its key appeal lies in the combination of a prime central location, significant lot size, and a fully finished basement, offering space and potential in a sought-after neighbourhood. The home suits buyers looking for a solid, character property in a central area, who value a large outdoor space and are comfortable with a home of this vintage. It would also appeal to those who see value in a property with strong fundamentals—like its above-average lot and living area rankings within the city—and are prepared to invest in updates over time.

A less obvious perspective is its strong performance in "space" metrics compared to its age. While built in 1964, its living area ranks in the top 19% city-wide, and its lot size is in the top 8%, suggesting it offers more room than many modern homes in Winnipeg. This creates a unique value proposition: the classic neighbourhood feel and lot size of an older home, without the compromise of smaller interior square footage.

Frequently Asked Questions

1. How does the recent sale price compare to the assessment?
The property sold for $400,000 in October 2024, which is very close to its most recent assessed value of $399,000. This alignment suggests a stable and realistic market valuation.

2. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 8% in the city, indicating an exceptionally large property. Its living space also ranks highly (top 19% city-wide), while its age and assessed value rankings are more moderate, which is typical for a central, mature neighbourhood.

3. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income should verify its compliance with local zoning and licensing regulations.

4. What is the typical buyer for this home?
Given its location, lot size, and vintage, it likely attracts a mix of young families drawn to the community and schools, professionals seeking central access to the university and hospitals, and value-oriented buyers who prioritize land size and see the home itself as a solid canvas for personalization.

5. Are there any obvious concerns with a home from 1964?
While the finished basement adds immediate living space, a home of this age will have systems (like plumbing, electrical, and the roof) that are likely original or older. A thorough inspection is essential to understand the condition and plan for potential updates or maintenance.