233 Princeton Boulevard

Varsity View, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Older than most nearby homes

1,142 sqft (bottom 37%) · Built in 1956 (19 yrs older than avg)

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

Transit 82.0 · 2-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

18% smaller 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

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

Property score

62.3 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,142 sqft60Fair
Year Built195643Low
Lot Size11,454 sqft97Excellent
Neighbourhood Sales Activity42Low

Community Score

63.9Fair
Household Income75Good
Education Level34Low
Housing Stress52Fair
Core Housing Need76Good
Employment Health68Good

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

around average
1,142 sqft
0255075100
Same streetBottom 37%Same areaBottom 37%CitywideBottom 44%
Same street · Princeton Boulevard
#20 / 32
Bottom 37% · Avg 1,356 sqft
Same area · Varsity View
#535 / 848
Bottom 37% · Avg 1,387 sqft
Citywide · Winnipeg
#108,991 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
383k
0255075100
Same streetBottom 41%Same areaBottom 41%CitywideTop 43%
Same street · Princeton Boulevard
#19 / 32
Bottom 41% · Avg 472.3k
Same area · Varsity View
#504 / 848
Bottom 41% · Avg 444.7k
Citywide · Winnipeg
#83,630 / 194,458
Top 43% · Avg 390.1k

Year Built

around average
1956
0255075100
Same streetBottom 41%Same areaBottom 21%CitywideBottom 36%

Lot Size

Elite
11,454 sqft
0255075100
Same streetTop 44%Same areaTop 12%CitywideTop 4%

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

233 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 248 m), 1 healthcare (nearest 235 m), 1 shopping (nearest 282 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

233 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.

Related homes

Highlights & common questions: 233 Princeton Boulevard, Winnipeg

Property Summary: 233 Princeton Boulevard

Key Characteristics & Appeal

This is a well-situated, one-storey home in Varsity View, built in 1956. Its primary appeal lies in its generous, mature lot of over 11,000 sqft—a rarity that places it in the top tier of properties in Winnipeg for lot size. The home itself offers 1,142 sqft of living space with a finished basement and a detached garage. While the house is of average size for the area, its standout feature is the significant outdoor space, offering immense potential for gardening, expansion, or simply enjoying a private, established yard.

The property’s rankings reveal a compelling story: it competes exceptionally well in terms of land size and assessed value within its community and city-wide, suggesting a solid underlying asset. It would particularly suit a buyer who values land over a large or modern footprint—someone looking for a character home in a central neighbourhood with the space to grow, entertain, or customize over time. It’s a property where the true value may be as much in the dirt as in the dwelling, appealing to long-term planners and those who see potential.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being in the top 4% city-wide for lot size means very few homes offer a larger parcel of land. Conversely, its older build date is common for the neighbourhood.

2. Is the house in need of major updates?
Built in 1956, the home is 70 years old. While it has a finished basement, prospective buyers should budget for updates consistent with a home of this age, such as windows, roof, or mechanical systems, and are encouraged to have a thorough inspection.

3. How can the large lot be utilized?
The 11,454 sqft lot is a blank canvas. Uses could include extensive gardens, adding a large deck or patio, creating play space, or even future expansion of the home (subject to zoning and permit approvals).

4. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or separate storage. However, it means accessing your vehicle requires going outdoors, which can be a consideration during Winnipeg winters.

5. Why is the assessed value relatively high compared to the home's age and size?
The assessed value reflects the combined worth of the land and the structure. In this case, the high ranking for assessed value (top 39% in Winnipeg) is likely strongly influenced by the desirable, large lot in a central neighbourhood, not just the house itself.

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.