Property score
45.1
Below average
Overall 45.1 · Smaller and older than most nearby homes
572 sqft (bottom 1%) · Built in 1947 (28 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, 2 parks, and 1 place of worship nearby
Living Area
Below average
59% smaller than neighborhood avg.
Year Built
Below average
28 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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45.1 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: #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
223 Haney Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 312 m), 1 healthcare (nearest 475 m), 2 parks (nearest 105 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 3% | Bottom 3% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 8% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a 1947-built, one-storey home in Varsity View on a large 6,296 sqft lot. Its key appeal lies in the significant land size, which is well above average for the area and offers substantial future potential. The house itself is modest, with 572 sqft of living space and an unfinished basement, presenting it primarily as a solid value proposition for specific buyers.
Its strongest suit is the lot, ranking in the top 25% for size across Winnipeg. This makes it a standout candidate for a long-term hold, redevelopment, or expansion. The recent sale price is also notably below the current assessed value, which may indicate an entry opportunity. However, the home is older and quite small, ranking at the very bottom for living area, meaning it requires a buyer comfortable with compact living or a significant renovation project.
This property would best suit a practical buyer, such as an investor looking for a land-value play, a hands-on owner planning a future rebuild or major addition, or a minimalist first-time buyer seeking an affordable entry into the neighbourhood with a clear asset in the land itself. It is less suited for those seeking a move-in-ready home or more interior space.
Frequently Asked Questions
1. Is this essentially a land purchase?
In many ways, yes. The primary value drivers are the large lot and location. The existing structure provides basic shelter but is one of the smallest homes in the city, so future plans should account for renovation or replacement.
2. What does the "ranking" data mean?
It shows how this property compares to others. For example, its lot size is better than 75% of Winnipeg properties, but its living area is smaller than 99% of them. This highlights the trade-off: exceptional land size versus very compact living quarters.
3. Why did it sell below assessed value recently?
This can happen for several reasons, including the home's condition, specific market timing, or the property's unique characteristics (like very small square footage) that appeal to a narrower pool of buyers. It underscores the importance of a current valuation based on your intended use.
4. What are the implications of an unfinished basement?
It provides essential utility space and storage but adds no finished living area. Any future development would require significant investment to excavate and finish, which should be factored into renovation budgets.
5. Is the older building year a major concern?
Built in 1947, the home's major systems (roof, wiring, plumbing) are likely older and should be thoroughly inspected. However, the lot itself is not subject to age-related wear, which remains the property's core asset.
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