244 Princeton Boulevard

Varsity View, Winnipeg

Property score

72.7

Good

Overall 72.7 · Compared with neighbourhood average

1,252 sqft (bottom 49%) · Built in 1983 (8 yrs newer than avg)

Located in a above-average income area with median household income of ~82k

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

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Near average

8 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

72.7 is composed by the two sections below.

Property Score

71.0Good
Living Area1,252 sqft66Good
Year Built198373Good
Lot Size12,040 sqft98Excellent
Neighbourhood Sales Activity42Low

Community Score

75.2Good
Household Income77Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46111102

Community deep dive

$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

Population, labour & age

Population (2021)361
Labour force participation rate71%
Median age48.8
Avg household size1.9
Unemployment rate7%
Population density820 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households45%
Couple families with children13%
Median household income (2020)$82K

Housing

Renter households13%
Condominium dwellings47%
Median dwelling value (owners)$284K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority9%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,252 sqft
0255075100
Same streetBottom 41%Same areaBottom 49%CitywideTop 45%
Same street · Princeton Boulevard
#19 / 32
Bottom 41% · Avg 1,356 sqft
Same area · Varsity View
#436 / 848
Bottom 49% · Avg 1,387 sqft
Citywide · Winnipeg
#88,473 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetBottom 47%Same areaTop 39%CitywideTop 30%
Same street · Princeton Boulevard
#17 / 32
Bottom 47% · Avg 472.3k
Same area · Varsity View
#332 / 848
Top 39% · Avg 444.7k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1983
0255075100
Same streetTop 41%Same areaTop 36%CitywideTop 31%

Lot Size

Elite
12,040 sqft
0255075100
Same streetTop 28%Same areaTop 9%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

244 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 270 m), 1 healthcare (nearest 310 m), 1 shopping (nearest 363 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

Sold 10/2021CA$400k–450k
Sold price

Same street

Bottom 30%

Same area

Top 41%

City-wide

Top 33%

Related homes

Highlights & common questions: 244 Princeton Boulevard, Winnipeg

Property Overview: 244 Princeton Boulevard

Section 1: Key Characteristics & Appeal

This well-situated Varsity View home is a 4-level split built in 1983, offering a practical and spacious layout. Its most compelling feature is the exceptionally large, 12,040 sqft lot, which places it in the top 4% of all Winnipeg properties for land size. This provides rare potential for gardening, recreation, or future expansion in a mature, established neighborhood. With 1,252 sqft of living space and a finished basement, the home offers functional room for a family.

The appeal lies in its strong positional value. The property consistently ranks in the top third for key metrics like lot size, assessed value, and recent sale price within its immediate street, the broader Varsity View community, and across all of Winnipeg. This indicates a home that is competitively positioned and holds its value well relative to its surroundings. It’s a solid, no-frills property that suits buyers looking for a long-term family home in a desirable area, prioritizing land size and neighborhood stability over a brand-new build. It would particularly suit a buyer who sees the value in a large, blank-canvas yard and is comfortable with a home of this vintage, understanding that updates may be part of the long-term plan.

Section 2: Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in its immediate area. For example, being in the "top 4%" for lot size in Winnipeg means very few homes in the city offer a larger parcel of land, which is a significant advantage.

2. The home was built in 1983. What should I consider?
While the core structure is established, a home of this age will likely have had several systems updated over time. A key part of your due diligence will be to verify the age and condition of major components like the roof, windows, furnace, and plumbing.

3. How does the 2021 sale price relate to the current assessed value?
The 2021 sale price of $400,000 and the current assessed value of $443,000 provide two data points for market comparison. The increase suggests market appreciation, but the final sale price will be determined by current market conditions and the property's present state.

4. What are the pros and cons of a 4-level split design?
This design offers good separation of living and sleeping areas across multiple levels, which can provide privacy. However, it also means more stairs to navigate daily. The layout is generally efficient and was popular for its time.

5. The lot is huge. Are there any restrictions on how it can be used?
While the large lot is a major asset, all uses are subject to local zoning bylaws. This could affect plans for additions, outbuildings, or secondary suites. Checking with the city planning department is essential before making any significant plans.

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