Property score
69.1
Good
Overall 69.1 · Larger but older than most nearby homes
1,586 sqft (top 30%) · Built in 1956 (19 yrs older than avg)
Located in a above-average income area with median household income of ~77k
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
Above average
14% larger than neighborhood avg.
Year Built
Below average
19 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
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69.1 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: #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
229 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 231 m), 1 healthcare (nearest 216 m), 1 shopping (nearest 266 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%
229 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 Overview: 229 Princeton Boulevard
Key Characteristics & Appeal
This is a classic, two-storey home built in 1956, situated on an exceptionally large lot of over 11,400 square feet in the established Varsity View neighbourhood. Its primary appeal lies in this rare combination of a spacious, 1,586 sqft house and a vast, private yard—a find increasingly uncommon within city limits. The property ranks highly for its lot size and living area compared to most homes in Winnipeg, offering significant space and potential.
It perfectly suits buyers who value generous outdoor space for gardens, play, or future expansion more than modern finishes or a new build. It’s ideal for those comfortable with the character and maintenance considerations of a 70-year-old home and who see potential in its solid foundation. The location offers the quiet, tree-lined feel of a mature community with the convenience of nearby academic and urban amenities. This isn't a move-in-perfect showcase home; it's a canvas for a buyer looking to put their own stamp on a property with outstanding foundational assets.
Frequently Asked Questions
Q: The house is 70 years old. What should I be most concerned about?
A: Beyond a standard inspection, pay special attention to the major systems common to homes of this era, such as the roof, original plumbing, electrical wiring, and the foundation. The condition of these will significantly impact your renovation budget and timeline.
Q: The lot is huge. What are my options for it?
A: The large lot is a major asset. It allows for extensive landscaping, adding a detached garage or workshop, or creating expansive outdoor living spaces. It's also worth investigating local zoning bylaws to understand any future potential for additions or subdivision, though this would be a long-term consideration.
Q: There's no garage. How big of an issue is that?
A: For many, it's a trade-off for the lot size. The property has ample space to add a detached garage, which can be a worthwhile investment. Consider the cost and logistics of adding one versus relying on street parking, which is typical in many older neighbourhoods.
Q: The rankings show the assessed value is middle-of-the-road, but the lot size ranking is very high. Why?
A: This highlights the property's unique profile. The assessment reflects the current state of the older home itself. The high lot size ranking underscores the land's exceptional value and scarcity, which is a separate and often appreciating asset not fully captured in the current home assessment.
Q: Who typically lives in Varsity View, and what's the atmosphere like?
A: Varsity View is a stable, quiet neighbourhood popular with university staff, graduate students, families, and long-term residents. It has an intellectual, community-oriented feel with a mix of well-kept older homes, without the hectic pace of a brand-new subdivision.
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