Property score
56.1
Fair
Overall 56.1 · Compared with neighbourhood average
1,088 sqft (bottom 32%) · Built in 1978 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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56.1 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: #46110349
$77K
Median household income
$79K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
41%
Single-person households
19%
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
222 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 244 m), 1 healthcare (nearest 177 m), 1 shopping (nearest 217 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%
222 Laxdal Road: 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: 222 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, two-storey home built in 1978, situated on a standard city lot in the established Varsity View neighborhood. Its key characteristics include a fully finished basement, 1,088 square feet of living space, and no garage. The home’s primary appeal lies in its location within a mature, central community, offering a straightforward entry point into the Winnipeg market. The data reveals a nuanced picture: while the property ranks lower on metrics like lot size and assessed value within its immediate area, it stands out for its relative age, being newer than most homes on its street. This suggests a house that may have seen fewer major replacements than its older neighbors, potentially appealing to buyers comfortable with a home of this era but seeking a slightly more modern foundation.
It would suit first-time buyers or practical downsizers who prioritize location over size and are prepared for a property that offers value through its land and position in a sought-after neighborhood rather than through expansive square footage or high-end finishes. The lack of a garage and modest living space point to a buyer with simpler needs or one who views the property as a long-term hold in a stable area.
Frequently Asked Questions
1. What does the ranking data actually tell me about this property?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. They show it’s on a smaller lot with a lower assessment than most nearby homes, but it is also a newer construction than over 90% of houses on its specific street, which is a notable advantage in an older neighborhood.
2. Is the finished basement included in the 1,088 sqft living area?
Typically, the listed "living area" (1,088 sqft) refers to above-grade space. The finished basement is an additional area, adding functional space for recreation, storage, or utilities.
3. What are the implications of not having a garage?
Buyers should budget for alternative parking and storage solutions. This could mean using the driveway, seeking on-street permits, or investing in a shed. For some, the trade-off for a lower price in a good location is worth this inconvenience.
4. How should I interpret the assessed value being lower than most in the area?
The municipal assessment is for tax purposes and doesn't dictate market price. A lower assessment than neighbors could suggest a more modestly sized or appointed home, but it may also result in relatively lower property taxes, which is a positive ongoing cost.
5. What is the neighborhood vibe in Varsity View?
As an established community near the University of Manitoba, it typically offers a mix of long-term residents and academic affiliates. It provides a quiet, family-friendly setting with mature trees and convenient access to amenities and major routes, contributing to its enduring popularity.
