243 Varsity View Drive

Varsity View, Winnipeg

Property score

83.1

Excellent

Overall 83.1 · Larger and newer than most nearby homes

1,716 sqft (top 23%) · Built in 1992 (17 yrs newer than avg)

Located in a high-income area with median household income of ~91k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Above average

17 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 3%

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

83.1 is composed by the two sections below.

Property Score

84.1Excellent
Living Area86
1,716 sqftExcellent
Year Built81
1992Excellent
Lot Size95
9,905 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
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: #46110348

Community deep dive

$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

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,716 sqft
0255075100
Same streetTop 8%Same areaTop 23%CitywideTop 20%
Same street · Varsity View Drive
#1 / 13
Top 8% · Avg 1,149 sqft
Same area · Varsity View
#198 / 848
Top 23% · Avg 1,387 sqft
Citywide · Winnipeg
#39,460 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
575k
0255075100
Same streetTop 8%Same areaTop 19%CitywideTop 10%
Same street · Varsity View Drive
#1 / 13
Top 8% · Avg 350.1k
Same area · Varsity View
#158 / 848
Top 19% · Avg 444.7k
Citywide · Winnipeg
#19,372 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetTop 8%Same areaTop 22%CitywideTop 21%

Lot Size

above average
9,905 sqft
0255075100
Same streetTop 8%Same areaTop 17%CitywideTop 6%

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

243 Varsity View Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 380 m), 1 healthcare (nearest 246 m), 1 shopping (nearest 243 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

243 Varsity View Drive: 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: 243 Varsity View Drive, Winnipeg

Property Overview

243 Varsity View Drive presents a well-established family home in a desirable Winnipeg neighbourhood. Its primary appeal lies in offering substantial space and a mature setting, ranking highly against most local comparables. The home is a two-storey design with a finished basement, built in 1992, and sits on a notably large lot of approximately 9,905 square feet. With 1,716 square feet of living space, it provides ample room. The property features a split garage and has a current assessed value of $575,000.

This home would suit buyers looking for a settled property in a prime location, particularly those who value generous outdoor space over brand-new construction. It's ideal for a family seeking a long-term home with room to grow, garden, or entertain. The strong rankings across lot size, living area, and value within its street, neighbourhood, and city suggest it's a competitive property in its class, likely appealing to those who prioritize land and established community character over a modern or custom-built layout.


Key Questions for Consideration

1. What is the significance of the property's high rankings?
The data indicates this home consistently performs in the top 25% or better when compared to similar properties in its immediate area and across Winnipeg, particularly for lot size and assessed value. This suggests it is a strong contender within its market segment, often seen as a marker of good relative value and desirability.

2. What are the potential implications of a 1992 build date?
While the home is not historic, it is also not new construction. Buyers should be prepared for components like the roof, windows, and major mechanical systems (furnace, water heater) to be at or entering stages of their typical lifespans and may require inspection, maintenance, or future updates.

3. How does the "split garage" configuration typically function?
A split garage usually refers to a two-car garage separated by a wall or column into two distinct single bays, each with its own door. This can offer more flexible storage or workspace but may feel tighter for larger modern vehicles compared to a single, wide opening.

4. What is the neighbourhood character of Varsity View?
As a mature neighbourhood, Varsity View typically features tree-lined streets, varied architectural styles from different eras, and a central location with proximity to amenities like the University of Manitoba. The very large lot size of this property is a standout feature even within this established area.

5. Why is the finished basement noted as a key feature?
A finished basement directly adds functional living space to the home's 1,716 sqft footprint, which could be used for recreation, a home office, or additional bedrooms. It's a valuable asset for expanding the home's usable area without adding an extension.