Property score
59.0
Fair
Overall 59.0 · Compared with neighbourhood average
1,104 sqft (bottom 33%) · 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
20% 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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59.0 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: #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
224 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 250 m), 1 healthcare (nearest 184 m), 1 shopping (nearest 224 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%
224 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 Overview & Key Characteristics
This is a classic two-storey home in the established Varsity View neighbourhood, built in 1978. With 1,104 sqft of living space on a nearly 3,000 sqft lot, it presents a practical footprint. Its key appeal lies in its location within a mature, sought-after community, offering a balance of space and manageability. The home features a finished basement, adding valuable functional space.
The property’s standout characteristic is its relative newness for the area; it is newer than over 90% of homes on its street, which is a notable advantage in an older neighbourhood. However, its assessed value ranks in the lower tiers for the immediate area, suggesting it may be a more affordable entry point into Varsity View or a property with untapped potential. It would suit first-time buyers seeking a foothold in a prime neighbourhood, downsizers looking for a manageable home without leaving the area, or value-oriented investors attracted by the location and the finished basement for rental potential.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home to others in specific geographic areas. For example, being newer than 91% of houses on its street is a strong positive, while its assessed value ranking lower than most neighbours could indicate a buying opportunity or a need for updates.
2. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal rental suite. A buyer should verify its compliance with local codes and zoning if considering rental income.
3. There’s no garage. What are the parking options?
The property has no garage, which is common for older homes in the area. Buyers should confirm the availability of on-site driveway parking, any permits for street parking, and observe typical neighbourhood patterns.
4. How might the age of the home (48 years) affect a purchase?
While newer than many on its street, a home of this age will likely have original or aging core components, like the roof, windows, and major systems. Budgeting for maintenance or updates is a prudent consideration.
5. The lot is a good size, but how is the outdoor space configured?
The land area is a solid 2,996 sqft. Buyers should view the property or use street view tools to understand the layout—whether it’s deep or wide, its privacy, and how usable the yard is for their needs.
