Property score
69.8
Good
Overall 69.8 · Compared with neighbourhood average
1,103 sqft (bottom 33%) · Built in 1977 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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69.8 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: #46111102
$82K
Median household income
$97K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
45%
Single-person households
13%
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
238 Alcrest Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 273 m), 1 healthcare (nearest 395 m), 1 shopping (nearest 460 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 36% | Top 32% | Top 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 38% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 238 Alcrest Drive
Section 1: Key Characteristics & Appeal
This is a well-established bi-level home in the sought-after Varsity View neighbourhood, sitting on an exceptionally large lot of over 14,400 square feet. Its primary appeal lies in this rare combination of a central location and generous outdoor space, offering a suburban feel within the city. The home itself, built in 1977, features a finished basement and a split garage. Market data indicates it is a solid, competitive property within Winnipeg, ranking highly for its lot size and assessed value compared to most of the city.
The property would particularly suit buyers who prioritize land and location over a large interior footprint. It's ideal for someone looking for room for gardens, play, or future expansion, and who values being in a mature, high-ranking community. It also presents as a practical option for those comfortable with a home of its era, seeing the good condition and finished basement as a foundation rather than a full renovation project.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, its lot size is in the top 2% in Winnipeg, which is a significant advantage. Its assessment value ranks in the top 27% city-wide, suggesting it is viewed as a above-average value home.
2. Is the living space of 1,103 sqft sufficient for a family?
This depends on the family's needs and use of space. The bi-level design and finished basement effectively create multiple living zones. The modest main floor square footage is balanced by the large property, offering significant room for outdoor living and activities.
3. The home was built in 1977. What should I be aware of?
While systems like roofing, windows, and the furnace may have been updated over the years, a thorough inspection is recommended to assess the condition of major components typical of a home from this period, such as plumbing, electrical, and the foundation.
4. Why is the lot size so important for this property?
The lot is its most standout feature. It provides unparalleled privacy and space for its neighbourhood, allowing for potential additions like a deck, shed, or pool, or simply enjoying a large green yard—an rarity in central locations.
5. How does the 2021 sale price relate to the current assessed value?
The property sold for $440,000 in late 2021, and its current assessed value is $442,000. This close alignment suggests the market and city assessment are in agreement on its value, providing a clear and stable recent benchmark for buyers.
