230 Laxdal Road

Varsity View, Winnipeg

Property score

68.4

Good

Overall 68.4 · Older than most nearby homes

1,505 sqft (top 36%) · Built in 1964 (11 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Near average

9% larger than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

68.4 is composed by the two sections below.

Property Score

71.4Good
Living Area79
1,505 sqftGood
Year Built46
1964Low
Lot Size85
6,725 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110349

Community deep dive

$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

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,505 sqft
0255075100
Same streetTop 15%Same areaTop 36%CitywideTop 30%
Same street · Laxdal Road
#28 / 183
Top 15% · Avg 1,206 sqft
Same area · Varsity View
#303 / 848
Top 36% · Avg 1,387 sqft
Citywide · Winnipeg
#58,515 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
430k
0255075100
Same streetTop 20%Same areaTop 43%CitywideTop 32%
Same street · Laxdal Road
#37 / 183
Top 20% · Avg 387.7k
Same area · Varsity View
#365 / 848
Top 43% · Avg 444.7k
Citywide · Winnipeg
#62,140 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 29%Same areaBottom 30%CitywideBottom 46%

Lot Size

above average
6,725 sqft
0255075100
Same streetBottom 11%Same areaBottom 44%CitywideTop 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

230 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 256 m), 1 healthcare (nearest 196 m), 1 shopping (nearest 235 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 8/2020CA$350k–400k
Sold price

Same street

Top 40%

Same area

Top 49%

City-wide

Top 38%

Related homes

Highlights & common questions: 230 Laxdal Road, Winnipeg

Property Summary: 230 Laxdal Road, Varsity View, Winnipeg

Section 1: Overview & Appeal

This is a well-established, fully bungalow on a large, mature lot in the sought-after Varsity View neighborhood. Its key characteristics include a finished basement, an in-ground swimming pool, and an attached garage. With 1,505 sqft of living space, it ranks notably larger than most homes in its immediate area and across Winnipeg.

The primary appeal lies in its combination of space, location, and unique amenities. The generous lot size offers privacy and room for outdoor enjoyment, highlighted by the private pool—a rare feature that provides a resort-like retreat. The home’s rankings indicate strong fundamentals: it stands in the top 20-30% of Winnipeg homes for both living area and assessed value, suggesting a solid, above-average property for its market.

This home would best suit buyers looking for a move-in-ready, single-story living layout in a prime academic-family neighborhood. It’s ideal for those who value outdoor living and entertainment space, and for whom a pool is a desirable luxury rather than a maintenance concern. It also represents a compelling option for buyers seeking a property with strong statistical value relative to its peers, as evidenced by its high percentile rankings for size and assessment.

Section 2: Key Considerations & FAQs

  1. What is the significance of the property's various rankings?
    The rankings show how this home compares to others. Crucially, it scores in the top tiers for living space and assessed value city-wide, indicating a physically larger and more valuable asset than most. However, its age ranking is average to below average, meaning buyers should focus on the condition of major 62-year-old systems.

  2. The home was assessed at $430,000 but last sold for $380,000 in 2020. What does this mean?
    The 2020 sale price is a historical data point. The current assessment is the city's valuation for tax purposes and is often used as a market indicator. The $50,000 increase suggests significant appreciation, but the true market value will be determined by current conditions and buyer competition.

  3. Is the pool a major factor?
    Yes, but it's a double-edged feature. It's a premier amenity for summer enjoyment and entertainment, adding a unique lifestyle appeal. Conversely, it requires dedicated maintenance, insurance considerations, and may not appeal to all buyers, which can be a factor for future resale.

  4. What does the "finished basement" entail?
    The listing confirms the basement is finished but does not specify the extent, quality, or ceiling height. This is a key area for clarification during a viewing to understand the true usable square footage and the potential for any moisture issues common in older Winnipeg homes.

  5. Who is the typical buyer in Varsity View?
    The neighborhood, adjacent to the University of Manitoba, attracts academics, professionals, and families drawn to its stability, mature landscape, and strong community feel. This property, with its pool and large lot, would particularly attract those planning to stay medium-to-long term to fully enjoy these amenities.