Property score
58.0
Fair
Overall 58.0 · Smaller than most nearby homes
864 sqft (bottom 10%) · Built in 1971 (4 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
Below average
38% smaller than neighborhood avg.
Year Built
Below average
4 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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58.0 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
214 Alcrest Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 198 m), 1 healthcare (nearest 335 m), 1 shopping (nearest 404 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%
214 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: 214 Alcrest Drive, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, one-storey bungalow on a large, 7,665 sqft lot in the established Varsity View neighbourhood. Built in 1971, the home offers 864 sqft of living space above grade and includes an unfinished basement, presenting a clear opportunity for future expansion or customization. Notably, it does not have a garage or pool.
Its primary appeal lies in its exceptional lot size and location. The property ranks in the top 13% of all Winnipeg homes for land area, offering rare suburban space within a mature, convenient community. While the house itself is modest in size and original in condition, this creates a compelling value proposition: you are purchasing significant land with a liveable structure. It perfectly suits first-time buyers, investors, or downsizers looking for an affordable entry into a desirable area, with the vision and budget to renovate or expand over time. It’s a property for those who value land and potential over immediate turn-key finishes.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
It is a full basement that is roughed-in but not developed. It provides essential mechanical systems and ample storage or future living space, but completing it would require a significant investment for framing, insulation, flooring, and finishing.
2. How does the lack of a garage affect daily life and value?
The absence of a garage means relying on street parking or the potential cost of adding a driveway and structure. For some buyers, this is a trade-off for the lot size and price point. It's an important factor to consider for vehicle security and convenience during Winnipeg winters.
3. The rankings show the house is older and smaller than many others. Is this a concern?
Not necessarily, but it sets clear expectations. The rankings confirm this is a land-value play. The house is functional but will likely require updates (e.g., windows, roof, kitchen, bathroom) to meet modern standards. The appeal is the solid foundation and the space to grow into.
4. The lot is large, but what is it like?
A nearly 7,700 sqft lot is significantly larger than many newer properties. It offers tremendous outdoor space for gardening, recreation, or future additions like a garage, deck, or sunroom. It's a key asset that provides privacy and flexibility.
5. What is the neighbourhood character of Varsity View?
Varsity View is a mature, well-regarded neighbourhood near the University of Manitoba. It typically features a mix of original bungalows and renovated or rebuilt homes, giving it a stable, established feel with a trend towards gradual modernization.
