Property score
52.8
Fair
Overall 52.8 · Smaller and older than most nearby homes
864 sqft (bottom 10%) · Built in 1920 (55 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
55 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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52.8 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: #46110348
$91K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
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 Wexford Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 492 m), 1 shopping (nearest 424 m), 2 parks (nearest 269 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 14% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 214 Wexford Street, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, one-storey character home built in 1920, situated on a generous 4,603 sqft lot in the established Varsity View neighbourhood. The house itself is compact at 864 sqft of living space and features an unfinished basement and a detached garage. It recently sold for $271,000, which is above its municipal assessment.
Its primary appeal lies in its location and land value. Varsity View is a highly sought-after, central area known for its proximity to the University of Manitoba, major transportation routes, and mature community feel. The lot size is a significant asset, offering ample outdoor space and future potential that is rare in this core neighbourhood. The home suits a specific type of buyer: those seeking an entry point into a premium location who are comfortable with a home that requires updates. It’s ideal for a hands-on individual, a small household, or an investor looking for a property where the long-term value is anchored more in the land and area than in the current condition of the dwelling. A less obvious perspective is that this property represents a “blank canvas” opportunity in a neighbourhood often filled with fully renovated homes, allowing a new owner to create value on their own terms without paying a premium for someone else’s finished project.
Section 2: Frequently Asked Questions
1. Why did it sell for significantly more than its assessed value?
In desirable, established neighbourhoods like Varsity View, market value is often driven by high demand for location and lot size, which can exceed the municipal assessment formula that lags behind current market trends.
2. What are the implications of the home being built in 1920?
Buyers should budget for a thorough inspection. While offering charm, a home of this age will likely have older mechanical systems (like plumbing and wiring) and will require ongoing maintenance, though it also comes with the character and solid construction of its era.
3. How useful is the unfinished basement?
It provides essential utility space and significant storage, which is a valuable asset in a smaller home. It also offers future potential to be developed into additional living space, subject to permits and investment.
4. The rankings show the house is older and smaller than most in the area. Is that a concern?
Not necessarily. This is typical for original character homes in mature neighbourhoods. The rankings contextualize the specific house, but the high demand for the neighbourhood itself often outweighs these metrics, as seen in the final sale price.
5. Who would this property not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those requiring significant indoor space or main-floor bedrooms, as the layout may be more compact compared to newer builds.
