Property score
77.9
Good
Overall 77.9 · Larger than most nearby homes
1,748 sqft (top 22%) · Built in 1975
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 shop, and 1 park nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Near average
0 yrs newer 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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77.9 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
232 Wexford Street — 2 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 453 m), 1 parks (nearest 194 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 50% | Bottom 31% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1975-built four-level split home in Varsity View offers a practical layout with 1,748 sqft of living space on a generous 5,047 sqft lot. Its key appeal lies in its established neighborhood setting and its relative size, offering more interior space than over 80% of homes in the immediate community. The property includes an unfinished basement and an attached garage.
The home’s competitive rankings are nuanced. While its living area is notably above average for the area, its assessed value sits near the median, suggesting it may be viewed as a sound value proposition for the space offered. It would particularly suit buyers looking for a character home with room to grow or personalize, especially those who value a large lot and are comfortable with a property that has seen modest value appreciation since its last sale in 2016. It's a home for pragmatic buyers who see potential in a solid, well-sized structure in a mature neighborhood, rather than those seeking a turn-key or newly built property.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, its living area ranks in the top 20% within the Varsity View community, meaning it's larger than 80% of area homes. Conversely, its lot size ranks lower, placing it in the top 94% (or bottom 6%) for the neighborhood.
2. Is the unfinished basement a drawback or an opportunity?
It depends on the buyer. It's a drawback for those needing immediate, finished living space. However, it represents a clear opportunity for customization, adding value, and creating additional living or recreational space tailored to a new owner's needs.
3. How should I interpret the price history?
The home was purchased for $320,000 in 2016 and now has a municipal assessment of $395,000. This indicates steady, moderate appreciation over eight years. It’s important to note that the assessed value is for taxation purposes and the final sale price is determined by the market.
4. What are the pros and cons of a four-level split layout?
Pros often include defined separation between living and sleeping areas, potentially offering good privacy. Cons can involve more stairs to navigate daily, which may not suit everyone, and sometimes more compartmentalized room layouts compared to open-concept modern designs.
5. How does this home’s age (built in 1975) factor in?
Its age places it in the top half of homes for "newness" in Winnipeg, but it is older than most in its specific street and community. This typically means well-understood construction methods and mature landscaping, but buyers should budget for updates to aging components like windows, roof, or mechanical systems, and consider an inspection.
