237 Laxdal Road

Varsity View, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Older than most nearby homes

1,248 sqft (bottom 48%) · Built in 1948 (27 yrs older than avg)

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

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

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

27 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

62.7 is composed by the two sections below.

Property Score

61.9Fair
Living Area66
1,248 sqftGood
Year Built30
1948Low
Lot Size95
9,004 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

around average
1,248 sqft
0255075100
Same streetTop 34%Same areaBottom 48%CitywideTop 46%
Same street · Laxdal Road
#63 / 183
Top 34% · Avg 1,206 sqft
Same area · Varsity View
#439 / 848
Bottom 48% · Avg 1,387 sqft
Citywide · Winnipeg
#89,012 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
324k
0255075100
Same streetBottom 13%Same areaBottom 18%CitywideBottom 37%
Same street · Laxdal Road
#159 / 183
Bottom 13% · Avg 387.7k
Same area · Varsity View
#693 / 848
Bottom 18% · Avg 444.7k
Citywide · Winnipeg
#122,783 / 194,458
Bottom 37% · Avg 390.1k

Year Built

below average
1948
0255075100
Same streetBottom 4%Same areaBottom 11%CitywideBottom 26%

Lot Size

above average
9,004 sqft
0255075100
Same streetTop 23%Same areaTop 22%CitywideTop 8%

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

237 Laxdal Road — 5 amenities found within 500 m, across 5 categories, including 1 education (nearest 322 m), 1 healthcare (nearest 225 m), 1 shopping (nearest 244 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
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

237 Laxdal Road: 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: 237 Laxdal Road, Winnipeg

Property Summary: 237 Laxdal Road, Varsity View, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This is a classic, well-maintained two-storey home on a large, mature lot in the established Varsity View neighbourhood. Its key characteristics include a finished basement, a detached garage, and generous 9,004 sqft land area. Built in 1948, the home offers 1,248 sqft of living space.

The primary appeal lies in its location and land. The property ranks in the top 8% of Winnipeg for lot size, offering exceptional outdoor space and potential in a central, desirable area near the University of Manitoba. Its high rankings for lot size within the street (top 23%) and community (top 22%) underscore its standout characteristic. It suits buyers looking for a character home with room to grow, garden, or entertain, who value space over a modern build. It’s ideal for those comfortable with the maintenance of an older home but who want the security of a finished basement and the rarity of a large lot in the city core. A thoughtful perspective is that this property represents a "land-value play" with a liveable house; its greatest asset is the expansive plot in a prime location, offering future potential.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for specific metrics (like lot size or age). For example, being in the "top 8%" for lot size in Winnipeg means 92% of properties have a smaller lot, highlighting a key strength.

2. The house was built in 1948. What should I consider?
While the home has been maintained and the basement is finished, buyers should budget for the upkeep typical of a 78-year-old structure. This includes potential updates to systems like plumbing or electrical, and ensuring insulation and windows meet modern efficiency standards.

3. How does the assessment value relate to the likely selling price?
The municipal assessment of $324,000 is for tax purposes and is based on past market data. In a desirable neighbourhood with a lot this size, the competitive market price is often different. It's a starting point, not a predictor of sale price.

4. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used for parking, storage, or as a workshop without noise or fumes entering the house. It also provides more options for future landscaping or garden projects on the large lot.

5. Is the large lot more of an opportunity or a responsibility?
Both. It offers fantastic space for gardens, play, or expansion, which is rare in central neighbourhoods. However, it also means more yard work, higher landscaping costs, and potentially higher property taxes relative to houses on standard-sized lots.