250 Princeton Boulevard

Varsity View, Winnipeg

Property score

72.6

Good

Overall 72.6 · Newer than most nearby homes

1,284 sqft (top 48%) · Built in 1988 (13 yrs newer than avg)

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

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

Near average

7% smaller than neighborhood avg.

Year Built

Above average

13 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

72.6 is composed by the two sections below.

Property Score

70.9Good
Living Area66
1,284 sqftGood
Year Built78
1988Good
Lot Size91
7,525 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

75.2Good
Household Income77
Good
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
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: #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
1,284 sqft
0255075100
Same streetTop 50%Same areaTop 48%CitywideTop 43%
Same street · Princeton Boulevard
#16 / 32
Top 50% · Avg 1,356 sqft
Same area · Varsity View
#407 / 848
Top 48% · Avg 1,387 sqft
Citywide · Winnipeg
#82,987 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
498k
0255075100
Same streetTop 44%Same areaTop 31%CitywideTop 20%
Same street · Princeton Boulevard
#14 / 32
Top 44% · Avg 472.3k
Same area · Varsity View
#266 / 848
Top 31% · Avg 444.7k
Citywide · Winnipeg
#39,021 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetTop 31%Same areaTop 26%CitywideTop 24%

Lot Size

above average
7,525 sqft
0255075100
Same streetBottom 1%Same areaTop 43%CitywideTop 13%

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

250 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 310 m), 1 healthcare (nearest 346 m), 1 shopping (nearest 395 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

250 Princeton Boulevard: 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: 250 Princeton Boulevard, Winnipeg

Property Summary: 250 Princeton Boulevard

Key Characteristics & Appeal

This is a well-established, single-storey home in the Varsity View neighbourhood, built in 1988. Its primary appeal lies in its generous 7,525 sqft lot—a significant size that ranks highly within Winnipeg—offering substantial outdoor space in a mature, central community. The home features 1,284 sqft of living space with a finished basement and an attached garage. Its competitive city-wide rankings for lot size (top 13%) and assessed value (top 18%) suggest it represents solid value for its category. The property suits buyers looking for a low-maintenance, single-level layout on a large, private lot, ideal for gardening, entertaining, or future expansion. It would particularly appeal to downsizers, small families, or investors seeking a stable property in a desirable university-area neighbourhood, where the land itself is a key asset. A thoughtful perspective is that while the home is nearly 40 years old, its strong rankings indicate it has been maintained competitively within its peer group, offering a balance of established character and modern livability.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for specific metrics like lot size and age. For example, being in the top 13% for lot size in Winnipeg means 87% of properties have a smaller lot, highlighting a key strength.

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 should verify its compliance with local regulations if considering rental income.

3. How might the age of the home (1988) affect me?
Homes of this age are often past the lifespan of original major components like the roof, windows, or HVAC system. A thorough inspection is recommended to assess the condition and plan for potential updates, which can also be an opportunity to customize.

4. What are the benefits of such a large lot?
Beyond space for recreation and gardening, a large lot in a central neighbourhood like Varsity View offers long-term value through potential redevelopment options (subject to zoning), enhanced privacy, and a sense of space rarely found in newer subdivisions.

5. Why is the assessed value different from the listing price?
The assessed value ($498,000) is for municipal tax purposes and reflects a mass appraisal from a past date. The listing price is set by the seller based on current market conditions, recent comparable sales, and the home's specific features. The two figures are related but rarely identical.