Property score
73.1
Good
Overall 73.1 · Compared with neighbourhood average
1,227 sqft (bottom 46%) · Built in 1986 (11 yrs newer than avg)
Located in a high-income area with median household income of ~91k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
12% smaller than neighborhood avg.
Year Built
Near average
11 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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73.1 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: #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
235 Varsity View Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 359 m), 1 healthcare (nearest 212 m), 1 shopping (nearest 206 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 20% | Bottom 46% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1986 three-level split home in Varsity View offers a practical layout with a finished basement and a good-sized lot. Its appeal lies in its established neighborhood setting and a value proposition centered on space and land. The home ranks above average for its lot size and assessed value within Winnipeg, suggesting a solid foundation. It would suit first-time buyers looking for a starter home with room to grow, or value-conscious buyers seeking a functional property in a mature area without the premium of a new build. A thoughtful perspective is that while the interior living space is modest, the generous lot presents a clear opportunity for future expansion or outdoor enjoyment, a trade-off that some buyers will find strategic.
Key Details & Considerations
Frequently Asked Questions
1. What is the typical buyer for this home?
Given its size and layout, it's most suitable for first-time homebuyers, small families, or investors. Its value is in the land and location more than in high-end finishes.
2. How does the property compare to others in the area?
The data shows a mix: it's on a larger-than-average lot for the street but has an average amount of living space for the broader community. Its assessed value is notably higher than many in Winnipeg, which may reflect its lot size and location.
3. What are the main advantages of this property?
The primary advantages are the substantial lot size, the established neighborhood, and the potential embodied in the finished basement and the property's above-average assessment for the city.
4. What might be some drawbacks or considerations?
The home is 40 years old, so a thorough inspection for aging components (roof, windows, HVAC) is essential. The living space is compact relative to the lot size, so the layout may feel cozy for some.
5. Is the price reasonable based on recent sales?
The current assessed value ($436,000) is significantly higher than the 2022 sale price ($365,000). This gap highlights the importance of understanding current market conditions and the specific reasons for the assessment increase to determine a fair offering price.
