Property score
55.5
Fair
Overall 55.5 · Smaller and older than most nearby homes
849 sqft (bottom 8%) · Built in 1954 (21 yrs older than avg)
Located in a above-average income area with median household income of ~82k
Transit 82.0 · 1-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
39% smaller than neighborhood avg.
Year Built
Below average
21 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
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
55.5 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
228 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 208 m), 1 healthcare (nearest 257 m), 1 shopping (nearest 316 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%
228 Princeton Boulevard: 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: 228 Princeton Boulevard
Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Varsity View neighborhood. Its primary appeal lies in a combination of generous outdoor space and a solid, move-in-ready foundation. The standout feature is the large 8,247 sqft lot, which places it in the top 10% of all Winnipeg properties for land size, offering exceptional potential for gardening, expansion, or simply enjoying private outdoor living. The home itself is a modest 849 sqft bungalow with a finished basement, providing functional living space. Key data points indicate its strength is not in sheer size or newness, but in its desirable lot and location—it ranks highly within Winnipeg overall (top 10%) and is competitive within its own community.
This property would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout in a prime central neighborhood, where the value is anchored more in the land than the structure. It’s also a sensible choice for a long-term holder who sees the underlying value in a large lot in a mature area, with the understanding that the 1954-built home may require updates over time.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in specific categories. For example, being in the top 10% in Winnipeg for lot size is a significant advantage, while the rankings for living area and age are more modest, confirming this is a classic older bungalow on a premium lot.
2. Is the finished basement included in the 849 sqft living area?
No, the 849 sqft refers to the above-ground living area. The finished basement provides additional, separate space.
3. What is the neighborhood of Varsity View like?
Varsity View is a central, mature neighborhood known for its tree-lined streets, proximity to the University of Manitoba, and a mix of academic professionals, families, and long-term residents.
4. Given the home's age, what should I budget for maintenance?
While the home is livable, a 1954 build will likely need ongoing attention to major systems like roof, plumbing, and electrical. Budgeting for gradual updates is prudent.
5. Why is the assessed value ranking lower than the lot size ranking?
This suggests the city's assessment reflects the current state and size of the older home itself, while the market value for a buyer may place a higher premium on the rare, large lot in this location—indicating potential equity in the land.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
