249 Varsity View Drive

Varsity View, Winnipeg

Property score

67.3

Good

Overall 67.3 · Older than most nearby homes

1,271 sqft (top 49%) · Built in 1945 (30 yrs older 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

Near average

8% smaller than neighborhood avg.

Year Built

Below average

30 yrs older 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

67.3 is composed by the two sections below.

Property Score

57.7Fair
Living Area66
1,271 sqftGood
Year Built30
1945Low
Lot Size67
5,383 sqftGood
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

around average
1,271 sqft
0255075100
Same streetTop 31%Same areaTop 49%CitywideTop 44%
Same street · Varsity View Drive
#4 / 13
Top 31% · Avg 1,149 sqft
Same area · Varsity View
#414 / 848
Top 49% · Avg 1,387 sqft
Citywide · Winnipeg
#85,065 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
310k
0255075100
Same streetTop 46%Same areaBottom 14%CitywideBottom 32%
Same street · Varsity View Drive
#6 / 13
Top 46% · Avg 350.1k
Same area · Varsity View
#727 / 848
Bottom 14% · Avg 444.7k
Citywide · Winnipeg
#131,753 / 194,458
Bottom 32% · Avg 390.1k

Year Built

below average
1945
0255075100
Same streetBottom 8%Same areaBottom 6%CitywideBottom 22%

Lot Size

around average
5,383 sqft
0255075100
Same streetBottom 31%Same areaBottom 15%CitywideTop 46%

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

249 Varsity View Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 393 m), 1 healthcare (nearest 266 m), 1 shopping (nearest 264 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

249 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: 249 Varsity View Drive, Winnipeg

Property Overview & Key Characteristics

This 1.5-storey home in Varsity View offers a classic, grounded living experience. Its primary appeal lies in a combination of generous lot size, a well-established neighbourhood, and a functional layout. With 1,271 sqft of living space on a large 5,383 sqft lot, it provides room to breathe and grow, a notable advantage in an older, central area. The home, built in 1945, comes with a finished basement, adding to its usable space. The data suggests it balances affordability with above-average lot size for its immediate area, ranking higher on square footage than on newness or assessed value within its community. It suits first-time buyers or downsizers seeking a character home with yard space in a mature neighbourhood, without the premium of a new build or major renovation project. A thoughtful perspective is recognizing the value in the land itself and the stability of an 80-year-old structure in a sought-after location, offering a chance to gradually personalize a solid foundation.

Frequently Asked Questions

1. What does "ONE & 1/2 STOREY" mean for living space?
Typically, this style features main living areas on the ground floor, with additional bedrooms or space in a partially raised upper level, often with sloped ceilings. It's a classic design that can feel cozy and efficient.

2. The home was built in 1945. What should I consider?
While the structure has proven its durability, prospective buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) and anticipate maintenance consistent with a home of this age. A thorough inspection is essential.

3. There's no garage. What are the parking options?
The property listing does not specify a dedicated garage. Buyers should verify on-site parking arrangements, such as a driveway or the potential to add a structure, considering local bylaws.

4. How does the assessment value relate to the likely selling price?
The municipal assessment of $310,000 is for tax purposes and is a historical snapshot. The final selling price is determined by the current market, condition, and buyer demand, and may differ significantly.

5. The lot size ranks very well. What are the advantages?
A lot larger than many in the neighbourhood (ranking in the top 15% locally) offers valuable outdoor space for gardening, recreation, or future expansion, and is a key long-term asset that contributes to the property's underlying value.