Property score
69.8
Good
Overall 69.8 · Larger but older than most nearby homes
1,611 sqft (top 29%) · Built in 1953 (22 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
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: #46110349
$77K
Median household income
$79K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
41%
Single-person households
19%
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
250 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 310 m), 1 healthcare (nearest 263 m), 1 shopping (nearest 296 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 16% | Top 30% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 250 Laxdal Road
This Varsity View home presents a unique blend of established neighborhood character and generous space. Its primary appeal lies in its exceptionally large, approximately 13,585 sqft lot—a rarity within the city that offers immense potential for gardening, recreation, or future expansion. The property features a fully finished basement, an in-ground pool, and a one-storey layout with over 1,600 sqft of living space. Built in 1953, it is a home for those who value established, tree-lined communities over new construction.
The home suits buyers looking for a long-term family base in a prestigious academic-area neighborhood, where the land itself is a significant asset. It's ideal for someone comfortable with the maintenance and character of a 70-year-old home, who sees the value in outdoor space and the possibility to customize over time. The recent sale above the assessed value indicates a competitive market perception of its worth.
Frequently Asked Questions
1. What does the lot size actually mean for me?
Beyond a large backyard, a lot of this scale (over a quarter-acre) in Varsity View is uncommon. It provides notable privacy, space for additions like a garage or workshop, and a sense of openness rarely found so close to the university.
2. The house was built in 1953. What should I be prepared for?
While updated systems exist, the core structure is from the 1950s. Prospective buyers should budget for ongoing maintenance typical of a home this age and consider an inspection focused on the foundation, original plumbing, and electrical systems to understand any needed updates.
3. How does the in-ground pool impact value and cost?
The pool is a major lifestyle amenity for summer use but requires annual opening/closing, maintenance, and insurance considerations. It adds to the property's recreational appeal but also to its operational costs and responsibility.
4. The rankings show the lot size is top-tier, but the building is older. How does this balance out?
This is the key dynamic of this property. You are primarily investing in the land and location within a top neighborhood. The house, while livable, may require modernization. The value is skewed toward the enduring asset—the land—rather than the structure itself.
5. Why did it sell for more than its assessed value?
The assessed value is for taxation purposes and often lags behind market sentiment. The premium price likely reflects high demand for large lots in prime neighborhoods, the pool amenity, and the fully finished living space, which the market valued higher than the municipal assessment.
