Property score
71.2
Good
Overall 71.2 · Compared with neighbourhood average
1,184 sqft (bottom 42%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
15% smaller than neighborhood avg.
Year Built
Near average
2 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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71.2 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
229 Wexford Street — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 203 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Bottom 39% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1973-built, one-storey home in Varsity View offers a unique blend of spacious outdoor living and established community charm. Its primary appeal lies in its exceptionally large, 10,430 sqft lot, which places it in the top 5% of all properties in Winnipeg for land size. This creates rare potential for gardening, expansion, or simply enjoying private outdoor space—a notable find within the city. The home features a finished basement and a split garage, providing practical living and storage solutions.
The property suits buyers who prioritize land over sheer interior square footage. It’s ideal for those seeking a long-term family home with room to grow, or for downsizers wanting a manageable single-level layout without sacrificing yard space. Its strong rankings for lot size and assessed value within its established neighbourhood suggest a solid, well-regarded property. The less obvious appeal is for a buyer with vision: the generous lot and the home’s age present a clear opportunity for future renovation or landscaping projects to tailor the space to modern tastes while benefiting from a prime location.
Frequently Asked Questions
1. How does the home’s age affect its condition and value?
Built in 1973, the home is well-established. Its assessed value ranks highly (top 28% in Winnipeg), suggesting it has been maintained and is valued for its lot and location. Buyers should budget for updates typical of a home of this era, but the strong assessment indicates a sound underlying investment.
2. Is the large lot a benefit or a burden?
It’s a significant benefit for those wanting space, privacy, and potential, ranking in the top 5% city-wide. However, it does mean higher property taxes relative to smaller lots and requires more upkeep. It’s a premium feature for the right buyer.
3. Who is the typical buyer for this property?
It best suits practical buyers who value space and location over a turn-key modern interior. This includes families looking for room to play and expand, or empty-nesters wanting a single-level home without compromising on yard size.
4. How does its 2016 sale price compare to today’s assessment?
The home sold for $345,000 in 2016 and is now assessed at $435,000. This increase reflects market trends and possibly improvements made. The current assessment ranks highly in the area, indicating sustained desirability.
5. What does the "finished basement" include?
The listing confirms a finished basement but does not specify the details of the finish, rooms, or ceiling height. This would be a key point for a viewing or inquiry to understand the true liveable space and quality.
