Property score
82.2
Excellent
Overall 82.2 · Larger and newer than most nearby homes
1,591 sqft (top 30%) · Built in 2002 (27 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 52.0 · 12-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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82.2 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: #46110350
$105K
Median household income
$129K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
34%
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
240 Bloomer Crescent — 10 amenities found within 500 m, across 7 categories, including 3 dining (nearest 292 m), 1 education (nearest 232 m), 1 healthcare (nearest 338 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 45% | Top 19% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 240 Bloomer Crescent
This well-situated Varsity View bungalow presents a practical and comfortable family home. Built in 2002, it offers modern essentials within a mature, established neighbourhood. The key appeal lies in its combination of a generous 6,166 sqft lot, a fully finished basement, and a single-level living layout, all in a highly desirable location close to the University of Manitoba. The data suggests a home that is newer and on a larger parcel than many in the broader Winnipeg area, offering space and relative modernity.
Key Characteristics & Suitability
The home’s 1,591 sqft of living space is spread across one main floor and a developed basement, ideal for those seeking minimal stairs or easy layout flow. Its standout feature is the lot size, which is notably larger than most in the immediate area, providing ample outdoor space for gardening, play, or future expansion. As a bungalow with a finished basement, it naturally suits growing families, downsizers who want main-floor living but still need extra space, or investors looking for a solid rental property near the university. Its competitive rankings in assessment value and building age for Winnipeg indicate a property with above-average inherent value and condition for the city.
The appeal is grounded in balance: it’s not the largest house on the street, but it sits on one of the larger lots. It’s not brand new, but it’s significantly newer than most homes in Winnipeg, potentially meaning fewer major repairs in the near term. It would particularly suit a buyer who values a quiet, academic-adjacent community, a manageable single-story footprint, and the private outdoor potential that a large lot affords.
Frequently Asked Questions
1. How does the 2020 sale price compare to the current asking price?
The home sold for $521,000 in May 2020. The current assessed value is $564,000. This difference reflects market changes over four years and the assessed value for taxation, which is a key data point for buyers to discuss with their agent in relation to the list price.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income should verify its compliance with local zoning and licensing regulations.
3. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, it ranks in the top 27% of Winnipeg homes by living area, and in the top 10% by assessed value. This indicates it is a above-average sized home with an assessment that is high relative to the Winnipeg market, often a sign of perceived value or desirability.
4. What are the benefits of the Varsity View location?
Varsity View is a stable, established neighbourhood adjacent to the University of Manitoba. This typically offers a blend of quiet, tree-lined streets with convenient access to academic facilities, research parks, and associated amenities.
5. What might the "ONE STOREY" building type imply for maintenance?
While bungalows offer convenient single-level living, it’s important to note that all roof and exterior wall surface area is concentrated on one floor, which can sometimes mean proportionally higher roofing costs compared to a two-story home with the same square footage. However, being built in 2002, the major components are likely in good condition.
