237 Princeton Boulevard

Varsity View, Winnipeg

Property score

48.6

Below average

Overall 48.6 · Smaller and older than most nearby homes

775 sqft (bottom 5%) · 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

44% 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

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Property score

48.6 is composed by the two sections below.

Property Score

38.4Low
Living Area22
775 sqftLow
Year Built43
1956Low
Lot Size97
11,453 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

below average
775 sqft
0255075100
Same streetBottom 6%Same areaBottom 5%CitywideBottom 8%
Same street · Princeton Boulevard
#30 / 32
Bottom 6% · Avg 1,356 sqft
Same area · Varsity View
#809 / 848
Bottom 5% · Avg 1,387 sqft
Citywide · Winnipeg
#179,690 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
339k
0255075100
Same streetBottom 19%Same areaBottom 23%CitywideBottom 42%
Same street · Princeton Boulevard
#26 / 32
Bottom 19% · Avg 472.3k
Same area · Varsity View
#656 / 848
Bottom 23% · Avg 444.7k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Year Built

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

Lot Size

Elite
11,453 sqft
0255075100
Same streetTop 47%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

237 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 265 m), 1 healthcare (nearest 253 m), 1 shopping (nearest 298 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

237 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: 237 Princeton Boulevard, Winnipeg

Property Summary: 237 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 substantial, mature lot of over 11,000 sqft—a rarity that places it in the top tier of properties locally for land size. The home features a finished basement and a detached garage. While the living area at 775 sqft is modest, the property's value is anchored by its land and location within a sought-after community. It ranks highly within its neighborhood and city-wide for lot size, but lower for the size and age of the dwelling itself.

This property would suit a specific buyer: someone who values land potential over move-in-ready square footage. It's an excellent canvas for a buyer looking to eventually renovate or expand the existing home to match the lot's stature, or for those who simply prize extensive outdoor space in a central location. The strong rankings for lot size against neighbors suggest a premium, long-term holding in a desirable area, appealing to strategic homeowners or investors with a vision.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, its land size is in the top 4% city-wide, meaning it's larger than 96% of Winnipeg lots. Conversely, its living area is smaller than 91% of homes, highlighting the trade-off between land and current interior space.

2. Is the finished basement included in the 775 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade, finished space. The finished basement is an additional feature, adding functional space but not usually counted in the official square footage for such rankings.

3. The house is 70 years old. What should I be aware of?
While systems like plumbing, electrical, and the roof may have been updated over time, a home of this age warrants a thorough inspection. The potential for original components or older renovations is high, which should be factored into planning and budgeting.

4. Why is the assessed value ranking lower than the land size ranking?
The assessment reflects the current total property value, which includes the older, smaller home. The high land value is balanced by the lower improvement value of the dwelling, resulting in a middle-of-the-road overall assessment compared to neighbors.

5. What is the potential here for future expansion or redevelopment?
The large lot is the key asset. Subject to local zoning bylaws, there is significant potential to enlarge the existing bungalow or explore other options. This makes the property particularly interesting for those viewing it as a long-term family home to grow into or a strategic land investment.