Property score
52.1
Fair
Overall 52.1 · Smaller and older than most nearby homes
720 sqft (bottom 3%) · Built in 1946 (29 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 shop, and 1 park nearby
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
29 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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52.1 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: #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
223 Wexford Street — 2 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 481 m), 1 parks (nearest 236 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%
223 Wexford Street: 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 Overview: 223 Wexford Street, Varsity View, Winnipeg
Key Characteristics & Buyer Appeal
This is a classic 1946 one-storey home on a large, 5,716 sqft lot in the established Varsity View neighborhood. Its key characteristics include 720 sqft of living space, an unfinished basement, and a detached garage. The core appeal lies in its prime location and significant lot size, offering a rare opportunity in a sought-after area close to the University of Manitoba. The property presents itself as a true blank canvas.
It would best suit a specific type of buyer: those with a vision for creating their own home, whether through a major renovation, a complete rebuild, or an addition that capitalizes on the generous lot. It’s also a practical entry point into a desirable neighborhood for an investor or a buyer comfortable with a project. The value here is fundamentally in the land and location, not the current structure, which ranks low in size, assessed value, and modernity compared to area norms. This isn't a move-in-ready home, but a foundation for one.
Frequently Asked Questions
1. What is the true condition of the home?
Given its age (80 years), small size, and rankings that place it in the bottom tiers for living area and assessed value on its street, buyers should anticipate a home requiring significant updates or potentially a full redevelopment. Professional inspections are essential.
2. Why is the lot size a major advantage?
At over 5,700 sqft, the lot is substantially larger than many in the city. This not only provides ample yard space but also offers greater flexibility for future expansions, additions, or landscaping projects that wouldn't be possible on a standard-sized lot.
3. Is this a good investment property?
The location in Varsity View, near the university, always creates rental demand. An investor would likely be considering the potential for a future redevelopment into a multi-unit property (subject to zoning) or a substantial renovation to increase rental yield.
4. What does the "unfinished basement" mean for potential?
While it requires investment to finish, an unfinished basement in a home of this era often has good ceiling height and a simple layout, making it a straightforward candidate for adding valuable living or storage space in the future.
5. How do the ranking percentages work?
These rankings compare this specific property against others on its street, in Varsity View, and across all of Winnipeg. For example, ranking in the "top 39%" for lot size city-wide means the lot is larger than 61% of all Winnipeg properties, highlighting its standout feature. Conversely, rankings in the bottom 10% for living area confirm the home itself is very small by current standards.
