Property score
45.6
Below average
Overall 45.6 · Smaller and older than most nearby homes
725 sqft (bottom 3%) · Built in 1948 (27 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
27 yrs older 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
45.6 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
225 Laxdal Road — 5 amenities found within 500 m, across 5 categories, including 1 education (nearest 290 m), 1 healthcare (nearest 176 m), 1 shopping (nearest 196 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%
225 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: 225 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1948, situated on a generous 6,004 sqft lot in the established Varsity View neighborhood. Its key features include 725 sqft of living space and a finished basement. The home’s primary appeal lies in its lot size and location, offering land value and proximity to the University of Manitoba in a mature community.
The property would suit a specific type of buyer: first-time purchasers or downsizers seeking an entry point into a desirable area, with a vision to live modestly while holding a valuable piece of land. It’s also a potential candidate for investors or builders looking for a lot with an existing structure, given the home's age and smaller footprint relative to the lot. The rankings provided, while the home itself is older and smaller than most, show its land size is competitive, suggesting the underlying property holds significant value. This is a home where the potential lies as much in the ground it sits on as in the current structure.
Frequently Asked Questions
1. What is the true draw of this property?
While the house is modest in size and age, the standout feature is the large, 6,004 sqft lot in Varsity View. The appeal is a combination of location and land value, offering future potential.
2. Is the house in move-in condition?
The listing notes a finished basement, but given the home's age (78 years), buyers should budget for ongoing maintenance and updates typical of a house from this era. A thorough inspection is highly recommended.
3. Why are the rankings for the house and lot so different?
The data shows strong rankings for lot size but lower rankings for living area and building age. This highlights the property’s profile: a valuable, sizable lot with a smaller, older home on it.
4. What are the implications of having no garage?
Buyers will need to consider on-street parking or the cost and feasibility of adding a parking structure or driveway, subject to local bylaws.
5. Who is this property not suited for?
It is likely not a match for those seeking a modern, turn-key home with ample indoor space or for families requiring multiple bedrooms and bathrooms in its current configuration. It suits those comfortable with a project or a long-term land hold.
